Tag: Apartment

Last week’s biggest realty deals in NCR

A high-end flat was leased for a rental value of Rs 1.2 lakh per month. This apartment is built in the peripheral location of Gurgaon on an area of 4,200 sq ft.  The apartment has been taken on lease by a big corporate for their senior executive.  The average rental value for these flats has […]

Buyers Burdened with Service Tax

The apartment buyers were already burdened by the day by day increasing property rates, and now come another burden to their door. Since last month, many developers have been demanding the buyers to start paying up the service tax announced in Union Budget, 2010, i.e. a 2.5% tax. However, this service tax will be imposed […]

Necessary Documents for Selling Property

Essential Documents The sale/purchase deed and the housing society share certificate are the major documents required while selling a property. Sale deed serve as confirmation for the land belonging to the seller only and he has full rights to sell the land. Some more documents such as NOC from the housing society, registered house documents […]

2BHK is in trend

The maximum demand currently is for 2BHK residential apartments and finally supply is following demand. Such has been the response that there are developers who claim as much as 55% of their inventories comprise two bedroom units. According to Atma Sharan, GM-Marketing, Ashiana Housing Ltd, “About 55-60% inventory would be 2BHK. This definitely is the […]

Indian real estate trend

In coming years, India is expected to outperform the global markets with a growth rate in the range of 7 percent to 10 percent. This will benefit the real estate sector, which is closely linked to high growth in the economy. A decrement in property prices, reduced interest rates and stability in the job market […]

Builders under pressure as buyers force for refund

Some of India’s largest real estate firms such as DLF, Unitech, Omaxe and Parsvnath that launched multiple projects at the peak of the real estate boom are now under pressure from buyers and investors who look to exit these projects. Already in a difficulty due to unavailability of bank loans and a fall in sales, […]

Realty: Difficult To Buy And Rent

Realty prices might be showing signs of easing, yet its tough to buy a house. Prices are still high and loans are getting expensive. Renting a property is also getting dearer. According to analysts and developers residential rentals are hardening, registering a 10% growth. The demand for rented residential space is high as India has […]

SatyaVani Group To Invest $10 Mn In Real Estate

SatyaVani Green Homes, Hyderabad-based real estate developers and part of the SatyVani group of companies, has decided to invest over ten million dollars in Udhodayam Green Homes. Mr. P Surya Prakash, Managing Director, SatyaVani group of companies, said, “UGH will set an example on how construction industry can built a better tomorrow by not adding […]

Lodha Group To Raise $2 Billion Over Two Years

Mr. Abhinandan Lodha, Director, Lodha Group (Bloomberg), confidently said in mumbai that their aim are to raise $2 billion over the next two years from private equity investors and an initial sale of shares to fund its growth. The developer, which has received investments by JPMorgan Chase & Co. and Deutsche Bank AG in the […]

Nagarjuna plans to enter real estate development in Oman

According to the agency report India’s Nagarjuna Construction Company Limited is planning to enter real estate development in Oman. A senior Nagarjuna Construction official said that “We have plans to develop a multi storied building in Sohar in partnership with an Omani company. The apartment, which will be constructed at a cost of OMR 3 […]