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NRIs have advantage in India’s luxury property market after demonetisation

NRIs have advantage in India’s luxury property market after demonetisation

NRIs have an advantage in luxury property market in India post-demonetisation as real estatedevelopers in major cities of the country have ‘significantly’ dropped property rates, according to Singapore-based business analysts. “Given the recent demonetisation move, property rates have significantly dropped across various cities in India,” said Abhijit Ghosh, India Desk leader at PricewaterhouseCoopers (PwC) Singapore, […]

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SOUTH OF GURGAON PRESENT PERFECT

SOUTH OF GURGAON PRESENT PERFECT

Excellent connectivity, existing infrastructure, plus projects by some renowned developers have made the area a new destination for end-users Nestled on the foothills of Aravalli Range, South of Gurgaon has of late emerged as a new realty hotspot. Excellent connectivity, already built-in strong infrastructure, plus projects by some renowned developers have made the area a […]

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India becoming world’s new investment destination: M Venkaiah Naidu

India becoming world’s new investment destination: M Venkaiah Naidu

India is becoming the world’s new investment destination as it has favourable investment climate due to the government’s efforts towards ease of doing business, high economic growth rate, availability of skilled work force and better credit rating, Union Minister M Venkaiah Naidu said on Sunday. Addressing a delegation of an investors’ association, he said many […]

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SOUTHERN PERIPHERAL ROAD – EMERGING REALTY HOTSPOT IN GURGAON

SOUTHERN PERIPHERAL ROAD – EMERGING REALTY HOTSPOT IN GURGAON

With excellent connectivity to the existing commercial hubs and the rapidly developing social infrastructure in Gurgaon, the residential and commercial realty market of SPR, along New Gurgaon, will fetch good returns on investment Southern Peripheral Road (SPR) in New Gurgaon in the Delhi NCR is drawing at tention of end users and investors alike. The […]

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Will GST increase property prices?

Will GST increase property prices?

World over Real Estate is not subject to Goods and Services Tax. It should not be in India also because Land and building are not “goods” under Sale of Goods Act or any other tax for the time being in force. It is also not coming under the definition of Services either. One should be […]

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Supertech sells 250 flats worth Rs 150 crore in Gurgaon

Supertech sells 250 flats worth Rs 150 crore in Gurgaon

Realty firm Supertech today claimed it has sold 250 apartments worth Rs 150 crore in its housing project in Gurgaon within two months after the launch. The company is offering units at Rs 48 lakh in its project Azalia, Superetch said in a statement. “There have been several reports about lack of appetite in NCR’s […]

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SPRING IN SECTOR – MAKE THE MOST OF THE FESTIVE SEASON

SPRING IN SECTOR – MAKE THE MOST OF THE FESTIVE SEASON

This is a season of offers. Prospective homebuyers can make the most of the favourable conditions with some adept planning. Getting your finances in order is the first step towards buying a house The festive season is here. Shoppers are active in the markets. Most of the long-pending and postponed purchase decisions are made during […]

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GST- A positive development for Real Estate

GST- A positive development for Real Estate

Real estate industry in India in the recent past has seen a phenomenal growth, not just in the Tier 1 cities, but even Tier 2 and Tier 3 cities and towns.  The industry is in the cusp of increased regulations, with bills such as the Real Estate (Regulation and Development) Bill, pending for approval in […]

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