Tag: Land Transactions

Realty sector in Kerala worried over increased VAT

The Kerala government’s decision to increase VAT troubles the realty sector in the state. According to the experts, this would have an adverse impact on realty sector. Realty sector in Kerala now fears that the increased VAT will have an adverse impact on the sector. Though the budget may not affect the realty sector directly, […]

Residential developers offering discounts

Rising property prices and increased interest rates, coupled with a demand-supply mismatch has brought down the overall affordability of residential properties in the country today forcing developers to resort to offering feebies and early bird discounts to arrest fall in sales, according to a recent report. The economic slowdown which has mainly affected suburban and […]

Golden Forest Land Set To Change Hands

In what could lead to one of the biggest land transactions in the country, the Supreme Court will hear on September 16 two companies who have put in bids to acquire the entire land assets of the infamous Golden Forest India (GFIL) which is under liquidation. These two companies are Vavasi Group promoted by National […]

ED Suspects Russian Land Mafia Behind FEMA Violation In Goa

The Enforcement Directorate(ED), the agency responsible for investigating economic crime in India, has sought information from the Goa government on all companies that bought properties in the state between 2000 and 2007, as it investigates the role of a suspected Russian land mafia. The agency suspects that some Indian companies that bought large plots in […]