What are the reasons behind the higher rate of sales in Delhi?
In Mumbai, the rate of sales has slowed down. What's the reason?
Yes Manoj, the rate of sale of the properties in Mumbai are slow compared to other cities. The high cost of land coupled with rising construction cost has skewed the pricing of the projects in Mumbai.
The real estate in India still running in a slower pace. Is there any investment opportunity coming ... [more..]
Anand Rathi & Knight Frank has planned to raise Rs 500 crore funds for the real estate market in India.
I came to know that Air India is running in deep financial crisis. What has it do to reduce the fina ... [more..]
It has planned to lease out its office space to reduce the financial crisis.
Hi Kuntal, which is the office space that it is leasing out and for how much?
What is happening to the sensex for the DLF builders?
Mukesh, the stock price of DLF is floating with a lower value. That is the reason the BSE sensex has planned to remove the index.
Why the Tax forum has asked the Delhi government to include the VAT for the builders and land develo ... [more..]
Probably, a collection of Rs.300 crore extra each year would be seen.
The Forum has also asked a reduction in the VAT rate of work contracts by builders in order to make purchase of houses and flats more affordable.
There used to be a forest reserve some years ago near Vasant Kunj area! Where is it now?
With the rising urbanization, one can only see traffic, mounds of construction rubble and garbage. The forest area has shrunk itself with increasing population.
The Rajokri forest, which used to be a forest reserve, now has become an urban town.
Why is it that BBMP lay down speed breakers and digg it back to mess hundred times?
In Bangalore it has been a game of laying and removing the speed breakers. Also, I heard that due to speed breaks in many areas accidents are increasing.
The Traffic Department is removing the speed-breakers because they were unscientific which is causing damage to commuters.
It has been observed that project completions are delayed in most cases. Why is this delay happening ... [more..]
Many builders after collecting the booking amount from buyers, instead of using it for construction, invest on buying other lands. This is one reason for delay usually occurring.
And one more reason for delay is due to the long time taken in getting approvals from different departments. Settling all the legal issues if any and getting necessary resources cause delay.
Prior to MCD elections, garbage issue can also be a turning point for a voter! What is the civic bod ... [more..]
Garbage dumping is a common sight in Delhi. There are some citizens who believe in doing the task themselves than complaining.
What are the issues faced by the residents of Gulmohar Park, Delhi?
The issue faced by the residents of Gulmohar Park are stray dog menace, drainage problem, garbage dumping, parking etc.
The government introduced new rules for calculating the FSI. Will it be helpful for the builders to ... [more..]
Hi Mukesh, according to the new FSI calculation, the balcony, flower beds, ducts, car decks, etc. will not be included in the sale-able floor area. And this decision is expected to increase the cost of the properties in Mumbai region.
I heard that the number of sales in real estate is happening more in Delhi region. Can someone tell ... [more..]
Hi Mukesh the sales of real estate properties in Gautam Budh Nagar is high compared to other areas. Regions like Noida, Greater Noida and Yamuna Expressway are most attractive for home buyers.
Why so many empty apartments are there in Gurgaon region?
Hi Mukesh, one fifth of apartments are lying vacant in Gurgaon. Few people have bought multiple apartments as investment. The investors are holding the apartments in hope that price will further go up in near future.
The sales of apartments is lower than ever. Is there any scope of reduction in price?
Yes, off course Presently supply is more than demand.
Mukesh, the price is expected to further increase in the coming future due to the increase in stamp duties, service tax and high interest rate.
The real estate projects in the country are experiencing a down time. Is there any new project comin ... [more..]
Hi all, Oma will include 1BHK to 6 BHK flats and service apartments. The proposed investment amount will be Rs.300 crore.
Oma by Raheja builders is the latest residential project developing in Haryana.
Varanasi has the river of Ganges. And the river has everlasting flow of water. Then why Varanasi is ... [more..]
The major concern for the department of water supply is the water supply arrangement in the city. As the water supply pipeline is very old, lot of leakage disrupt the steady flow of water.
What are the necessary impacts can happen on real estate from the Budget?
If the budget opens the inflow of foreign investment then definitely the real estate industry will be benefited by the budget
Hello! I am Mukesh here... What is the status update about the tax evasion which was carried out in ... [more..]
Recently The Surat Municipal Corporation has sealed 424 properties and they have been served notice for the outstanding tax payments.
What if the owners does not response to the notice served to them?
I heard that there is prevalence of heavy traffic jams at market place near Dwarka. What is the actu ... [more..]
The scenario does not seems to be good, the market fare held on Thursday and Saturday are creating lot of chaos adding on lot of garbage dump besides apartments and heavy traffic jams near Dwarka.
What is the specialty of the residential apartment in Mumbai costing Rs 1.11 lakh per square feet?
As far as I know about the project, the specialty of the residential flat is that the residents staying in the flats can enjoy an unbroken view of an entire surrounding area and the residents are actually getting paid to live there. The project comprises of 175 apartments and 10 bungalows at Cuffe Parade. It is the richest housing society in India comprising of two 25 storey residential towers.
Hey even I heard that none of them pay maintenance charges instead the owner get an annual dividend of Rs 6 to 12 lakhs. Even the owners do not paying any monthly outgoings or municipal taxes.
