What is the provision for extension of the general body meeting, in case meeting is not held before the 14th August? The first general body meeting of the Society, shall be held within the period of 3 months of the date of the registration of the Society, but in case of an unforeseen event if […]
October 6, 2015 6:00 pm
A good price appreciation on your property is undoubtedly the biggest opportunity to gain. Moreover, you can save on taxes, on interest repayments on an ongoing basis. Real estate is among the most complex asset classes and can have an asymmetric payoff during good times. Besides the pride of ownership, purchasing a house is also […]
October 6, 2015 10:00 am
The effect of a cut in home loan interest rates by RBI last week was palpable at the Telangana Real Estate Developers Association’s (TREDA) Property Show. The exhibition which concluded at Hitex, Madhapur on Sunday, was a big hit with more than 70,000 prospective home buyers visiting it. “This is the sixth time we have […]
October 4, 2015 10:00 am
Reinforcing faith in India’s real estate sector, amid a two-year-long slowdown that continues to see apathetic sales and an inventory pile-up, foreign institutional investors (FIIs) and the private equity (PE) funds made a beeline to invest in residential and commercial projects this year. According to data from VCCEdge, PE funds invested about $2.4 billion in […]
October 3, 2015 6:00 pm
The HKCCI (Hyderabad Karnataka Chamber of Commerce and Industry) has taken stand against the proposal of State Government which was about to increase the guidance value of the real estate property in Kalaburagi region without any set of guidelines. A written objection which was filed by HKCCI before Chief Controlling Revenue Authority in Karnataka, Inspector […]
October 3, 2015 10:00 am
Currently, Indian property market is witnessing boost after the two mega commercial deals; In first deal; Carnival Group buys real estate project from L&T Group in Chandigarh and the deal price was Rs 1,785 cr and in second deal; Abbott Group buys office space from Godrej Properties in Mumbai and deal price was Rs 1,479 […]
October 2, 2015 10:00 am
Abbott India, one of the fastest growing Pharmaceutical firm has bought 4,35,000 sq. ft. of commercial property from Godrej Developers, which is located at Mumbai’s Bandra-Kurla Complex and the price of deal was Rs 1,480 crore. Godrej BKC is one of the largest and high-end commercial real estate projects in all over Mumbai as it […]
October 1, 2015 6:00 pm
Are you a Non-resident Indian who has invested in Indian real estate market expecting a good return? Then you should understand the pros and cons of repatriating the money back to your country without any hassles. Remember, the planning should be done before you decide to make the purchase rather than during the sale […]
October 1, 2015 10:00 am
In a landmark decision, the Government of Maharashtra has ruled that property ownership rights will be granted to the Sindhi refugees who migrated from Pakistan after Partition and settled in Mumbai and other parts of the State. Eknath Khadse, Minister of Revenue has confirmed that the ownership rights will be transferred to all members of the Sindhi community […]
September 30, 2015 10:00 am
Recently, in an Allahabad High Court ruling, the real estate giant Supertech was asked to demolish its 40-storey tower in Noida. However the company will move the Supreme Court against the order claiming that all necessary approvals from appropriate authorities were in place. The tower was constructed against the mandatory building rules. While the permitted […]