No Property Buying Abroad: RBI
The Reserve Bank of India (RBI) has debarred the residents of India to buy properties abroad in a move to curb foreign exchange flows. So if you’re planning to add an asset in your stature by buying a property in…
Office Space Absorption in Mumbai Goes Up As Rentals Fall
Mumbai: Office space absorption and rental trends in the last few months in Mumbai has shown that though the absorption rate has gone up the rental rates have remained low in the city. This comes as no surprise as the…
CREDAI Delegation Meets Chief Minister to Discuss Issues Pertaining Pune’s Expansion
Pune: Confederation of Real Estate Developers’ Associations of India (CREDAI) Pune metro delegation met the Chief Minister, Prithviraj Chauhan last week to request him to mull over submitted memorandum that includes the Pune expansion plan and the issues related to…
Low Property Registrations Post Guidance Value Revision
Bangalore: The minimum amount at which the property is registered is called the guidance value. After the revision of this value in Bangalore, property registrations have been lowered by nearly 40 percent, as declared by sources (property registration offices and…
Solar Energy for Greener Living
The earth is becoming hotter everyday because of green house gases. This fact has been taught to us ever since we were in schools. We are told how we are destroying out mother earth with pollution and misuse every day.…
Lucknow Corporation to Increase Property Rentals and Mutation Fees
Lucknow: The Lucknow Municipal Corporation (LMC) is set to increase monthly rentals of its properties. The decision regarding this increase of rental rates is most likely to be taken in the house meeting at LMC on August 18.The corporation had…
Despite of Oversupply, No Fall in Residential Prices of Bangalore
Since 2010, 89,761 residential units have been launched in Bangalore, out of which 50,184 units are still remaining unsold. This shows the supply has exceeded demand in the Bangalore property market. According to a research, the city has been witnessing…
Parsvnath Group Announces 5% Rise in Profit in Q1 FY14
New Delhi: The Parsvnath Group announced a 5% jump in profits at the end of June 2013 as compared to March 2013 quarter. The group reported that it has recorded a 4% increase in the revenue which amounted to Rs…
Borivali West Emerging As a Best Location for Residential Real Estate
The financial capital, Mumbai has always been a preferred real estate investment destination in India. Despite of the sky-rocketing property prices, the real estate sector of this city always remained stable. Some of the suburbs of Mumbai have emerged as…
Points to be Included in the Rent Agreement
Agreement can be defined as negotiated and legally enforceable understanding between two parties. An agreement is a document which binds both the parties with legal terms and documents the give and take of the settlements.Rent agreement is a legal document…