under-construction properties
Sumit Jain, the Co-founder and CEO of CommonFloor.com has observed an interesting trend over the last one year in the Indian real estate market. There is an increased demand for ready-to-move-in properties. The main factor which is responsible for this rise in demand is the inordinate delay in project delivery. Due to this the home [...] Continue Reading »
The delays in project execution & under construction properties has made several home buyers opt for ready-to-move-in properties. This was revealed by a survey of first-time homebuyers across the country conducted by one of property portal recently. As many as 43 percent respondents showed preference for ready-to-move-in properties in the survey. This can be considered a [...] Continue Reading »
Some of the new amendments made in the Finance Bill, 2013 to the Income-tax Law is expected to have a deep impact on real estate sector in the 2013-14 fiscal. The amendments relate to taxing the notional income in the real estate transactions as against the real income of the real estate developers as well [...] Continue Reading »
Gurgaon- Real estate in Gurgaon is emerging mainly as an investor-driven market wherein the investors can make high profit in short span of time. Many investors are of the opinion that no bank or other financial institutions can reap benefits as fast as the realty sector. For instance, if there is a new project launched [...] Continue Reading »
New Delhi- After a prolonged wait of five-six years, nearly 5 lakh home buyers in India are expected to get possession of their new homes. According to an estimate of Property research firms Liases Foras and PropEquity as well as property consultancy CB Richard Ellis (CBRE), around 4.5-5 lakh homes will be ready to occupy [...] Continue Reading »
The under-construction boundary wall of the proposed KVK Nilachal thermal power plant at Rahanguda village in Cuttack was demolished by the villagers. The villagers gathered the construction site in Cuttack and alleging that the construction company purchased their land at lesser prices. The villagers wants to increase the compensation amount and they also have filed [...] Continue Reading »
