Mumbai: The cost of property in the state of Maharashtra may rise this new year as the government of Maharashtra is planning to increase the ready reckoner (RR) rates for properties between 5% and 30%. The rates will vary according…
The New Year is coming and realty sector expects heavy. As the Land Acquisition and Real Estate Regulation Bills are presumed to get the yes-nod, the lowering of interest rates by RBI is highly expected. Even deeper cuts in the…
37.73 mn sq ft was the office space consumption in the country in 2011. In 2012 it has been dragged down to 29 mn sq ft. According to Cushman and Wakefield, the total absorption is lowered by 23% in major…
Delhi: Housing localities like Kidwai Nagar, Sarojini Nagar, RK Puram, Netaji Nagar, Moti Bagh and Lodhi Road that are located along the Ring Road in south Delhi are going to be redeveloped as per the new plans of the government.Those…
Pune: The stamp duty (a tax that is levied on documents) is based on the ready reckoner rates which are very high as discussed by builders in Pune. The Confederation of Real Estate Developers Associations of India (CREDAI) and Maharashtra…
DLF Skycourt, a new project in Sector-86, Gurgaon is totally sold that is offering 674 apartments in 13 acres. Every apartment will cover an area of 1,850 sq ft and the price of flats ranges from Rs 1.14 crore to…
Low cost housing projects are the need of the hour but are feebly produced. Hence RBI has now permitted the developers and housing finance companies to raise the fund of one billion dollar in 2012-13 under the low cost affordable…
New Delhi has been pulled up in the ranking of world’s most costly office markets from 9th to 5th position as per the CBRE Global Research and Consulting semi-annual Prime Office Occupancy Costs survey.The Chairman and Managing Director of CBRE…
How will be the new year 2013 for the country’s ever flourishing market, real estate? Will it be profitable for developers, will it fulfill the needs of all those who are in desperate need of homes? Well, we’ll know all…
According to Land Acquisition Act 1894, government has the power to acquire any land for its own use. It may be for the purpose of infrastructure growth or declared to be used by private companies for public purpose. One thing…
