March 11, 2010 – 12:41 pm
tThe real estate sector got hit quite seriously by the budget details. Very intelligently the Budget bribed the home buyers in the form of interest rate subvention and tax savings. On the other hand service tax on lease rentals in the Finance Bill was also brought back. So, the builders decided to pass on the [...]
By chandrika johri
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Posted in Property News
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Also tagged bribe, budget details, completion deadline, dampener, disposable income, finance bill, Finance Minister, himachal, Hotel Industry, maximum tax, Real Estate Sector, Rs 50, rs 8, subvention, tax burden, tax reliefs, time relief, Tourism Sector, uttarakhand
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September 23, 2008 – 1:50 am
It has become well nigh impossible for those who invested in real estate last year to exit the scene as the downturn has deepened and the prices being quoted do not even cover the purchase costs and interest expenses.
Moreover, the negative global news flow has set off a panic reaction, inducing investors to close deals [...]
By rajani
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Posted in Property News
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Also tagged Bandwagon, Bank Loan, Downturn, Economic Gloom, Emis, Exit Options, Festive Season, Global News, Interest Expenses, Interest Outgo, Investment Decision, Navin, noida, Price Appreciation, Property Consultants, Property Investments, Raheja Developers, Rate Hikes, Rs 50
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With bank credit drying up and private channels of funding getting expensive, several small developers are attempting to mop-up funds from retail investors by offering them a 12% guaranteed return for 5-9 years. Under the scheme, a retail investor has to buy a minimum area in the project and make an outright payment.
Delhi-based Piyush group, [...]
By rajani
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Posted in Property News
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Also tagged Amit, Bank Loans, Borrowings, Capital Markets Group, Cushman, Goyal, Jmd, Minimum Investment, Piyush Group, Private Channels, Retail Investor, Sandeep Singh, Wakefield
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