Pune: Using the tool of discount on taxes (which ended on June 30), the Pimpri Chinchwad Municipal Corporation (PCMC) has collected around Rs 104 crore. There were various discount schemes meant for several classes of people who will pay the…
Godrej Properties, one of India’s most successful real estate development firms had bought its 50% stakes from HDFC Asset Management Company Ltd. That was involved in two of its subsidiaries.HDFC Asset Management Company Ltd had invested nearly Rs 100 crore…
The city of Mumbai is known as one of the most affluent cities of India. The property prices are sky-rocketing in the city. According to a recent survey conducted, the financial capital of India is declared as the most unaffordable…
Mumbai: Maharashtra Housing and Area Development Authority (MHADA) and the City and Industrial Development Corporation of Maharashtra (Cidco) have decided to develop affordable homes in the next year. MHADA and Cidco will develop about 10,500 affordable houses by next year.Under…
Bangalore: A quintessential Bangalorean would say it was an average area with no such heaviness of infrastructure when asked about the Yashwantpur corridor. Few of the areas that were almost sluggish have now found a pace in development. One of…
The value of Rupee which was depreciated to almost 60.72 now has picked up a bit to 59.36. The drop in the Rupee value may increase the Non Residential Indian investment in the property market. If the value of the…
Mumbai: When the country is suffering from the lack of houses though the housing industry is showing an inventory that is possibly not going to sell out very soon then you have to understand that people are actually suffering due…
In a recent survey on urban youth, 85 percent of them would prefer to invest their money on real estate. Properties were always hot but what this survey has achieved is something extraordinary. Items like gold that have been everyone’s…
Mumbai: Real estate developers are outsourcing the constructions of their ongoing and future projects to third party experts in project management. In past three months, renowned developers such as DLF Ltd, divyasree developers and Nirlon Ltd have outsourced their works…
If we look at our housing sector closely then various questions will arise instantly. One of them that kept RBI mulling is the high ratio of price to annual rent. Multiple cities have witnessed a staggering figure of this ratio.…
