Switching To Tier II & Tier III Cities A Good Option For Real Estate
Union Finance Minister P Chidambaram has said the double digit inflation will continue for some more weeks. The Central Government as well as the Reserve Bank of India is not going to hesitate in...
View ArticleMatheran Realty To Sell Residential Units At Karjat
Property developer Matheran Realty said that it will sell 15000 residential units in its Karjat project at Rs 999 a square feet. The company is setting up Rs 900-crore mixed-use project at Karjat on...
View ArticlePeople Prefer Real Estate Companies For Business
India has always been a property oriented market. Irrespective of all the industries that have been booming, money flow into real estate has been steady and consistently increasing. In fact, people...
View ArticleNo late delivery fine if date not assured
Real estate developers cannot be fined for late delivery of possession of a flat to an allottee if no specific date of its delivery is mentioned in the contract. The National Consumer Commission...
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Demand for 2-3BHK flats on the rise in Ajmer
The real estate market is slowly picking up in Ajmer. Investors as well as end users have started exploring options. Being a prominent centre of religious tourism, there is no dearth of investors from...
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Slowdown in Retail Rental
The real estate consultants Knight Frank India said that apart from some localities of Delhi and Mumbai, the retail rentals in other locations will be sluggish for next two years. Although the number...
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Buyers Burdened with Service Tax
The apartment buyers were already burdened by the day by day increasing property rates, and now come another burden to their door. Since last month, many developers have been demanding the buyers to...
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Impact of DTC Revision on Real Estate
On June 15, the revised draft for the Direct Tax Code was released. This code is a try by the Indian government to simplify the laws of income tax. The government is waiting for the Parliament to pass...
View ArticleThe revised Direct Tax Code (DTC) got approval
On June 15, the revised Direct Tax Code (DTC) was released which has got approval now. This new DTC will be implemented from 2011. The aim of this revision is to simplify the existing income tax laws....
View ArticleRealty sector firms with Mumbai exposure hit by duty hike.
Reuters Market Eye – Shares in real-estate companies with sizeable exposure to Mumbai fell on Monday after newspaper Times of India reported the state government of Maharashtra was planning to increase...
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