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real estate sector

SEZ

DLF planning to sell the 2nd phase of SEZ in Pune

DLF is the largest commercial real estate developer in India by profit, revenue and market share. The company boasts of developing state-of-the-art commercial, residential and economic zones in the country and contributes largely to economic improvement. However, the firm had a financial downfall and to reduce the mounting debt, the company had decided to sell […]

affordable homes

Affordable Homes for Middle and Low Income Groups: Mumbai

With reports of illegal constructions and resulting building collapses, it is essential for the government to come up with stringent policies and work closely with land developers in order to provide affordable housing for low-income groups. The low-income groups are specifically compelled to live in poorly constructed illegal houses which eventually lead to building collapse […]

karthik.k

Service tax exemption for SEZs

Delhi: The recent decision made by the finance ministry to allow an upfront service tax exemption for all Special Economic Zone (SEZ) units and developers would translate into an additional savings of Rs 1,500 crore annually for such units, as they would no longer be required to wait for refunds. The service tax incidence or the […]

Maturity in Indian real estate market

It is a fact that the real estate sector in India has been witnessing a downward trend due to the existing slowdown of the nation’€™s economy. However, the future of the sector seems to be brighter in the days to come. As per data available, there is already around 70 million square feet of office […]

Rentals crash in top metros

New Delhi/Bangalore: The rents and the demand for rented homes has halved and the rents are down by almost 25 per cent in several popular residential localities within Bangalore, Delhi and Mumbai as India Inc tightens housing budgets in its battle against economic slowdown. In the city of Mumbai, rentals in NCPA Apartments located at Nariman Point, […]

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