News & Facts

Pune & Mumbai will see a new development coming up from Raheja Corp In accordance with the new plan, Raheja Corp is coming up with two infotech parks with 6 million sq ft of space in Mumbai and Pune in the near future.   As a second largest developer in the country, the new proposition to build 6 million sq ft of office space will undoubtedly steer the business to new levels. The existing portfolio will gain more strength. In another development, a statement released by the Managing ... Read More
The stock of Indiabulls surges by 9% after it made its new announcement NEW DELHI: There was a 9% surge in the shares of Indiabulls as of Thursday after the company announced that it then had a majority stake of 51.18% in a Singapore based business trust IPIT. Additionally, it also acquired 2.77 crore shares through its subsidiary company Grapene. In the aftermath of the announcement, the stock of Indiabulls surged nearly 8.65% hitting a high of Rs.73.5 on BSE. The stock was otherwise trading ... Read More
April16 will see a hike of stamp duty by 2% in Noida and Gr Noida NOIDA: The will be a hike of 2% on the stamp duty in Noida and Greater Noida to come into effect anytime soon. The current 5% will be increased to 7% according to sources from the stamp and registration department. While the UP industries department has issued a notification to this effect, the stamp and registration department will also issue the same within this week. In another development, around 30,000 registries are seems ... Read More
March quarter not a promising one for the real estate sector Bengaluru: For the first quarter of 2016, top real estate companies are expected to announce muted profits compared as against the last year, due to decreased customer interest, irregular cash flow and weak sentiments. The real estate market in the National Capital Regions remains under great pressure while Mumbai seems to be picking up in residential sales only in a few select areas. Similarly, the demand for properties costing... Read More
Being a budding reality after government’s decision of exempting dividend distribution tax, the future of REITs in India and its impact on commercial real estate sector is conceptualized to be on the brighter side. Certainly stating, REITs (Real Estate Investment Trust) is entitled to assist developers in fabricating their viable assets by giving liquidity to commercial segment for magnetizing foreign and domestic investors for sure. As a part of REIT, getting specific amount of discount b... Read More
How To Get A Home Loan Even After It Gets Rejected Loan tends to assist investors in buying a property of their choice without ample amount of funds in place. Taking note of the home loan, it is an ideal option for investors willing to upgrade their living standards by purchasing their own home. Thinking as how to get a home loan even after it gets rejected? To avail a home loan, one needs to have mandatory documents and a good credit score. But, this does not land a guarantee of a loan applica... Read More
  Connaught place has been considered as the most profitable platform to invest in commercial real estate. With it moving to one step higher in terms of being the most expensive locations, Connaught place has noted an annual rent of about 153 dollars per square feet. Taking a note of other expensive locations in India, Bandra Kurla Complex of Mumbai has slipped to 26th rank from 16th having an annual rent rate of about 96.51 dollars per square foot. Not just these; even, Nariman Point has ... Read More
How Customers to Qualify for PM Awas Yojana Subsidy Taking note of the idea of housing for all, Pradhan Mantri Awas Yojana was initiated by the Ministry of Housing and Urban Poverty Alleviation (MoHUPA). Also known as Credit Linked Subsidy Scheme (CLSS), the Yojana is enabled for the purchase, construction, extension and even improvement of the houses catering to an economically weaker section of the population. Besides the economically weaker sections, this scheme is an excellent option for Lo... Read More
Semi Furnished / Furnished / Fully- Furnished Apartments- How are They Different with an increasing population, a boom has been witnessed in real estate as construction companies are coming up with tremendous housing projects to accommodate people. It is the need to enhance living standards that the real estate giants have been working on exquisite projects that feature semi-furnished, furnished and even fully-furnished apartments for its prospective investors. Intended to give high-quality liv... Read More
UP-RERA Orders On 200 Cases Next Week, Focus On Eight Builders With prominent complaints filed by the investors against builders for the delay in flat submissions, the Greater Noida bench of RERA (Real Estate Regulation Act) is set to issue over 200 orders that states about tightening the hold on developers mentioned in the grievances. These orders are a part of 490 complaints that have been heard by the authority since September. Apart from this, around 4000 complaints are still pending to be ... Read More
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