Tag: Financial Institutions

Understand Capital Gains Tax on Sold Property

Real estate is a significant part of an investor’s pie. It is also a time tested asset, which almost always appreciates except in times of severe economic downtrends, when it’s temporarily affected. In fact, buying real estate for investment purposes and selling it later at a higher price has become very common among investors. Banks […]

Real Estate Sector expects Industry status and affordable housing from the Union Budget 2012-13.

Finance Minister Pranab Mukherjee going to present the Union Budget 2012 which is expected to provide relief in terms of policy reforms with the real estate sector of the economy coming under repeated credit pressures owing to high interest rates for borrowing. Experts say that the real estate sector needs government support as well as further stimulus […]

New housing projects on hold in mumbai

The city is unlikely to see any new housing project coming up soon as the screws turn on the property market. Last month, Mumbai’s leading developers met and discussed the possibility of not launching new residential projects considering the slowdown, sources said. “New projects are not viable, sales are slow and buyers are sitting on […]

Two Wadala Plots For 375 Crores

The real estate sector may be experiencing a slump at present, but that has not stopped the Mumbai Metropolitan Region Development Authority (MMRDA) from offering two huge plots for long lease. The two plots are sited within the Wadala truck terminus opposite the IMAX multiplex. The agency, undertaking multiple infrastructure projects in Mumbai, hopes to […]

Realty Needs Indices Similar To Equity Market

The Real estate industry in India has been growing by leaps and bounds in the past few years. However, the country still lacks a credible way to cross-check the price swings (real or reported) in the sector. For example, recent reports of residential prices cooling off in major cities of the country could not be […]