The state revenue minister, Eknath Khadse made an announcement in the state assembly that the Ready Reckoner (RR) rates have been increased to 7% with Effect from April 1, 2016. In rural areas the rates have been hiked by 8%, 7% in influential areas, 7% in municipal council and nagar panchayat limits and 5% in […]
real estate sector in india Archive
March 15, 2016 6:30 pm
Byaaj Mukt Awaas Yojana – A boon for home buyers
One of the top real estate consultant, Investors Clinic Infratech, is offering their latest scheme i.e. Byaaj Mukt Awaas Yojana, that will bring down the cost for prospective home buyers. By partnering with builders and financial institutions, the clinic offers interest free loans under the scheme for buyers towards purchase of flats. In comparison to […]
March 13, 2016 10:00 am
Five locations emerging as best real estate destinations in India
Today, we look into five cities that are emerging as few of India’s best real estate destination. 1) Hyderabad The creation of Telangana as the latest state in the country has led to the emergence of Hyderabad as a top real estate market in the country. With its increasing developments in the residential and commercial […]
February 27, 2016 10:00 am
Commercial Assets worth Rs.1500 crore to be sold by Godrej Properties
In September 2015, Godrej Properties, the real estate arm of the Godrej group, sold 4.35 lakh sq ft office space at Bandra-Kurla Complex in Mumbai for an excellent valuation of Rs.1479 crore. In keeping with this buoyant mood, the realty firm is targeting a sales revenue of Rs.1500 crore this year through monetisation of other […]
February 26, 2016 6:00 pm
Home buyers lose 85% of tax benefit on delayed possession
Did you know that a tax deduction of Rs 2 lakh annually is permissible against payment of interest on home loans, if the house is acquired within three years of taking the loan? and, if the possession takes place after three years, the exemption reduces to a mere Rs 30,000 a year — a drop […]
February 17, 2016 10:30 am
Affordable homes sale augments; breather for realty sector
The Data from the real estate sector in the early months of 2016 has revealed that property sales in the six major cities of India have increased by nearly 15 percent. Real estate research and consultancy firm Liases Foras has reported that maximum gain in sales has been recorded from Ahmedabad, Bangalore, Mumbai Metropolitan Region […]
February 1, 2016 6:00 pm
Indian Real Estate becomes attractive for Foreign Investors after 5 years
Indian real estate market has become increasingly attractive for foreign investors after almost 5 years, as indicated by India-specific fundraisings. Talking about the improvement in foreign investors’ confidence in real estate market, Shobit Agarwal, Managing Director of Capital Markets at JLL India, said “During the pre-GFC (global financial crisis) phase, 82% of funds got raised […]
January 3, 2016 10:00 am
How to sell your property in a dull market?
The real estate sector has been seeing a rough phase since past 2-3 years. in such times, selling off a property is indeed a struggle. Nonetheless, having a strategy in place to trade off your property proves beneficial in fetching a good price. Read on for some tips on how to go about with the […]
January 2, 2016 10:30 am
2016, a good year to buy your dream home
Having a house of one’s own is on everybody’s wish list, but while you are at it, ensure that it is not a hurried decision. Buying a property is a huge investment and involves a great deal of financial planning and strategy. If you are thinking of purchasing that dream home for yourself in 2016, […]
December 24, 2015 6:00 pm
It is expected, 2016 will start with a positive note for real estate sector, says experts
Real estate experts believe that the 2016 will start with the positive note for real estate sector and in coming year it may witness pickup in the sales with improvement in the number of unsold inventories. In simple words we can say that year 2015 was little bit good for realty sector as it has […]
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