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	<title>Property News India and Featured Real Estate Stories &#187; transaction</title>
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		<title>Blackstone offers Rs 560 cr to buy a part in UB City</title>
		<link>https://groups.commonfloor.com/news/blackstone-offers-rs-560-cr-to-buy-a-part-in-ub-city-2-33183</link>
		<comments>https://groups.commonfloor.com/news/blackstone-offers-rs-560-cr-to-buy-a-part-in-ub-city-2-33183#comments</comments>
		<pubDate>Wed, 21 Nov 2012 09:56:58 +0000</pubDate>
		<dc:creator>Poornima</dc:creator>
				<category><![CDATA[Bangalore]]></category>
		<category><![CDATA[Commercial Real estate]]></category>
		<category><![CDATA[Corporate]]></category>
		<category><![CDATA[Realty News]]></category>
		<category><![CDATA[3M]]></category>
		<category><![CDATA[airline]]></category>
		<category><![CDATA[Apple]]></category>
		<category><![CDATA[Blackstone]]></category>
		<category><![CDATA[Citibank]]></category>
		<category><![CDATA[Commercial Property]]></category>
		<category><![CDATA[corporate offices]]></category>
		<category><![CDATA[Ernst & Young]]></category>
		<category><![CDATA[kingfisher]]></category>
		<category><![CDATA[luxury retail space]]></category>
		<category><![CDATA[MNC]]></category>
		<category><![CDATA[Office rental]]></category>
		<category><![CDATA[PE firm]]></category>
		<category><![CDATA[Private Equity]]></category>
		<category><![CDATA[retail real estate]]></category>
		<category><![CDATA[stake]]></category>
		<category><![CDATA[transaction]]></category>
		<category><![CDATA[UB City]]></category>
		<category><![CDATA[UB City Bangalore]]></category>
		<category><![CDATA[UB Holdings]]></category>
		<category><![CDATA[ultra-high]]></category>
		<category><![CDATA[Vijay Mallya]]></category>
		<category><![CDATA[Vodafone]]></category>

		<guid isPermaLink="false">http://www.commonfloor.com/stories/?p=33183</guid>
		<description><![CDATA[Bangalore- Vijay Mallya&#8217;s investment holding company UB Holdings has got a jumbo offer by Private equity giant Blackstone, revealed sources. The PE firm has offered around Rs 560 crore to the company to buy out the prime office and retail real estate blocks in UB City, the biggest commercial property project in Bangalore. As an [...]]]></description>
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		<slash:comments>1</slash:comments>
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		<item>
		<title>Property prices remain high despite high interest rates</title>
		<link>https://groups.commonfloor.com/news/property-prices-remain-high-despite-high-interest-rates-31956</link>
		<comments>https://groups.commonfloor.com/news/property-prices-remain-high-despite-high-interest-rates-31956#comments</comments>
		<pubDate>Tue, 06 Nov 2012 11:32:54 +0000</pubDate>
		<dc:creator>praveen.p</dc:creator>
				<category><![CDATA[Other cities]]></category>
		<category><![CDATA[Real estate trends]]></category>
		<category><![CDATA[Realty News]]></category>
		<category><![CDATA[and Chennai]]></category>
		<category><![CDATA[Delhi]]></category>
		<category><![CDATA[economic trends.]]></category>
		<category><![CDATA[government approval delays]]></category>
		<category><![CDATA[Higher interest rates]]></category>
		<category><![CDATA[Housing prices]]></category>
		<category><![CDATA[Kolkata]]></category>
		<category><![CDATA[Mumbai]]></category>
		<category><![CDATA[Reserve Bank]]></category>
		<category><![CDATA[transaction]]></category>

		<guid isPermaLink="false">http://www.commonfloor.com/stories/?p=31956</guid>
		<description><![CDATA[Despite the higher interest rates and economic slowdown, housing prices remained firm followed by limited supply, according to a Nomura report. The supply has also been limited for fewer projects in key markets like Mumbai, Delhi and other dues  to the government approval delays. A recent report by the Reserve Bank stated that the house prices [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<title>Govt ends NOC system in Maharashtra</title>
		<link>https://groups.commonfloor.com/news/govt-ends-noc-system-in-maharashtra-30409</link>
		<comments>https://groups.commonfloor.com/news/govt-ends-noc-system-in-maharashtra-30409#comments</comments>
		<pubDate>Tue, 09 Oct 2012 12:01:34 +0000</pubDate>
		<dc:creator>praveen.p</dc:creator>
				<category><![CDATA[Civic Issues]]></category>
		<category><![CDATA[Mumbai]]></category>
		<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[City and Industrial Corporation (Cidco)]]></category>
		<category><![CDATA[Developer]]></category>
		<category><![CDATA[extract a large sum]]></category>
		<category><![CDATA[home buyer in Maharashtra]]></category>
		<category><![CDATA[Illegal]]></category>
		<category><![CDATA[Malpractice]]></category>
		<category><![CDATA[newly-purchased flat]]></category>
		<category><![CDATA[no objection]]></category>
		<category><![CDATA[No Objection Certificate (NOC)]]></category>
		<category><![CDATA[transaction]]></category>
		<category><![CDATA[transfer of ownership]]></category>

		<guid isPermaLink="false">http://www.commonfloor.com/stories/?p=30409</guid>
		<description><![CDATA[In order to transfer ownership to a new buyer, a home buyer in Maharashtra had to do before selling a newly-purchased flat was to obtain a no objection certificate (NOC) from the developer. This process gave an opportunity to the developers to extract a large sum as &#8216; transfer fee&#8217; from the clueless buyer lieu of a no objection [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<item>
		<title>Real estate sector &#8211; the highest black money contributor</title>
		<link>https://groups.commonfloor.com/news/real-estate-sector-the-highest-black-money-contributor-23355</link>
		<comments>https://groups.commonfloor.com/news/real-estate-sector-the-highest-black-money-contributor-23355#comments</comments>
		<pubDate>Tue, 26 Jun 2012 12:17:36 +0000</pubDate>
		<dc:creator>Poornima</dc:creator>
				<category><![CDATA[Bangalore]]></category>
		<category><![CDATA[Delhi-NCR]]></category>
		<category><![CDATA[Hyderabad]]></category>
		<category><![CDATA[Mumbai]]></category>
		<category><![CDATA[Realty News]]></category>
		<category><![CDATA[300 per cent appreciation]]></category>
		<category><![CDATA[black money]]></category>
		<category><![CDATA[black money rolling]]></category>
		<category><![CDATA[Funds]]></category>
		<category><![CDATA[high profit]]></category>
		<category><![CDATA[laws and regulations]]></category>
		<category><![CDATA[major markets in the country]]></category>
		<category><![CDATA[Real Estate Sector]]></category>
		<category><![CDATA[transaction]]></category>
		<category><![CDATA[Union government]]></category>
		<category><![CDATA[White Paper on Black Money]]></category>

		<guid isPermaLink="false">http://www.commonfloor.com/stories/?p=23355</guid>
		<description><![CDATA[According to the recently released ‘White Paper on Black Money’ by the Union government, real estate is the highest contributor to the total black money generated. Depending on the parties involved and the transaction type, the ‘black money rolling’ percentage within the sector is much higher at around 30 per cent. On an average, the [...]]]></description>
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