Why DLF is selling its Aman Resorts?
The largest real estate builders in India DLF will sell its Aman Resorts. The builder took the decision to reduce its rising debt.
Yeah even i have also read the news that to lessen the burden of $4.2 billion debt DLF is selling its non-core assets.
What are the steps taken by the Delhi government to facilitate the affordable house construction?
Is affordable housing a first step towards slum free Delhi. ‘Rajiv Awas Yojana’ (RAY) is expected to cover about 250 cities, across the entire country by the end of the 12th Plan (2017). According to source, for undertaking preparatory activities Rs.99.98 crore has been released to 34 states / UTs.
The Delhi government has planned to prioritise the affordable home construction in delhi.
What will happen if the central government implement the real state regulatory bill?
The central government has proposed the draft of the real estate regulatory bill.
From when it will be implemented?
Is it necessary to take permission from the BDA for the construction of residential properties in Or ... [more..]
Hi Vinay... in the order, the high court restricts the power of the authority only to urban areas in Bhubaneswar, Jatni and Khurda.
With the court order the BDA has no jurisdiction over the Panchayat areas. So there is no need of seeking permission from BDA..
The cost of the apartments is increasing. Is there any opportunity that the cost of the apartments m ... [more..]
Ashish, there's no scope of reduction in the cost of real estate properties.
Experts say that the price of apartments may increase highly after 6 months...
Its been pretty long time since I heard a realty launch by famous real estate developer Assotech Rea ... [more..]
Yes glad to share with you that Assotech Realty is launching mixed development in Delhi-NCR.
The real estate developer Assotech Realty announced to launch “Assotech Business Cresterra" a mixed-used projects.
In last couple of years the real estate in India witnessed a downtrend. What is the prediction by th ... [more..]
Hi all, according to the research done by Motilal Oswal, real estate companies are expected to post revenue de-growth of 14% YoY and net profit to decline 13% YoY.
It is expected that this quarter will see improvement in fresh launches at NCR region. This will pave way for better sales among NCR based developers.
The Yamuna Expressway has a high rate of demand for residential complexes. Is there any new project ... [more..]
Hey Ashish, a new township named Orris Curio City is coming up in that area.
When has the road development authority planned to fill the potholes that has been decorated the who ... [more..]
Till now the road development authorities have not taken any serious action for the road development inspite of continuous complaints lodged.
What was the main motto of the recently held workshop on water usage in Delhi?
According to sources, the workshop was organised to remember the the World Water Day and to adopting water efficiency rated devices which could help in reducing the need of water in Delhi city.
Hi all, is the new Budget helpful to Reality sector. Share your opinions.
Read this article to know more about the Impact of Budget on Indian realty market.
Ashish, I think the budget is not much beneficial for the real estate sector. Only the affordable housing project will get some relief from the fund crunch.
In the upcoming municipal elections, what is the role of the local RWAs? Are they holding in any cam ... [more..]
RWA’s are planning to begin campaigns in order to increase voter turnout. On March 25th the Delhi RWA will start a joint voter awareness campaign from India Gate.
How the clarity and trustworthiness can be maintained in Realty sector?
To enhance the clarity about project information and the trust worthiness of the builders, the government has planned to introduce a bill. The bill will be imposed to regulate the real estate industry.
The President of India asked the government to prepare the regulatory bill for the realty industry. You will find more details about the proposal in Government to introduce realty sector regulatory bill. This bill will assure the clarity and trust in the industry
Industrialization is happening in all the surrounding area of NCR. However the cost of real estate i ... [more..]
The surrounding area of the NCR is a good place for investment. As the place will see the growth in next 5 to 10 years. Hence the investment made now will give a good return after couple of years.
Is the income from rent comes under income tax? Do I need to pay tax for the income from rent?
Yes Ashish, the income from property rent comes under taxable income. To get more highlight on that you can read http://www.commonfloor.com/stories/naredco-wants-some-boost-up-from-finance-ministry-15139, an article on commonfloor.
Does AXA make any investment for Indian projects?
AXA is a global investor, whose main focus area is in UK and France.
I read somewhere that eight properties are pending for the payment... what action will IMC take over ... [more..]
Actually what I have heard was that there were 20 properties listed for auction but dues were paid for only for 12 properties hence the names were removed from the auction list. Remaining 8 properties will go for the auction.
Stange! But why are the realty projects in metro cities getting delayed? Is there any recent news ab ... [more..]
Really it sounds very strange. What I feel is that may be because of high property price the demand for the property is going down.
Which are the metro cities facing more delay in the projects?
Will the CWG flats returned back to the property owners?
Hey Ashish, Good news for the flat owners. The High Court has directed the Delhi Development Authority to accelerate the process of issuing completion certificate to the flat owners.
Hai, I recently read about mixed used of buildings in real estate sector. Can you give me clear titl ... [more..]
The project may be classified as mixed use if they provide more than one purpose within a shared building. Mixed used construction may include a combination of both commercial and residential components.
Hai Everyone!! Recently I came across a piece of news in commonfloor with the information about the mixed used construction. If you want to know more about mixed construction you can check the link http://www.commonfloor.com/stories/mixed-used-construction-a-trend-in-real-estate-14362
Can anyone tell me more about the 18 lanes expressway in Bangalore?
The Bellary Road is soon going to be upgraded to an 18-lane expressway which will also have a high speed rail link on it. 18 lanes expressway will be done from Hebbal flyover to Bachchalli railway gate. It will also include the Trumpet Interchange road towards the airport which will bring a sign of relief for frequent travelers out of the Bangalore city.
