Tag: Rs 50

Budget Hits Hard the Realty

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 […]

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Developers in the metropolis plan to target NRI buyers

November 24, 2008 – 7:01 am

Real estate developers in the metropolis plan to target NRI buyers, primarily in the UAE, in a bid to push up their sales, affected in recent times by high prices and adverse sentiment, a senior industry official said. “With the Rupee depreciating via-a-vis the dollar, NRI buyers stand to gain by around 20%. Prices too […]

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Realty Crash Shuts Exit Options For Investors

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 […]

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