I agree with Bikram! While the real estate market looks to bounce back in 2016, a person looking to invest in the market definitely needs to be careful. It is important to choose a company that has a strong track record in the real estate market with strong financials and delivery of promises. Companies like Mahindra Lifespaces, Indiabulls, Lodha etc have been around for a while and have earned their reputation in the real estate market. The Vivante project by Mahindra Lifespaces is expected to be one upcoming projects to look out for. With its strong track record and exciting designs and amenities it definitely seems like a good option to consider.I agree with Bikram! While the real estate market looks to bounce back in 2016, a person looking to invest in the market definitely needs to be careful. It is important to choose a company that has a strong track record in the real estate market with strong financials and delivery of promises. Companies like Mahindra Lifespaces, Indiabulls, Lodha etc have been around for a while and have earned their reputation in the real estate market. The Vivante project by Mahindra Lifespaces is expected to be one upcoming projects to look out for. With its strong track record and exciting designs and amenities it definitely seems like a good option to consider.

You would also need to specify if you are looking for a fully furnished, semi-furnished or unfurnished apartment. However, based on your requirements I would suggest looking at the locality of Khar or Santacruz. It is well connected to the highway, airport, schools etc. Prices would vary based on the age of the construction, size of the construction and exact locationYou would also need to specify if you are looking for a fully furnished, semi-furnished or unfurnished apartment. However, based on your requirements I would suggest looking at the locality of Khar or Santacruz. It is well connected to the highway, airport, schools etc. Prices would vary based on the age of the construction, size of the construction and exact location

Hi Shreya, It definitely is refreshing to hear that the Mumbai proposal is the lowest among the 10 major cities. However, I am skeptical as to how far this will remain accurate when it comes to the implementation of the project. If we look at the past project proposals both in Mumbai as well as other cities in the country we an see that more often that not they have overshot their initial estimate. While the low proposal is still welcome, I doubt that the project will be able to stick to it's proposal considering the high amounts of corruption, bureaucracy etc.Hi Shreya, It definitely is refreshing to hear that the Mumbai proposal is the lowest among the 10 major cities. However, I am skeptical as to how far this will remain accurate when it comes to the implementation of the project. If we look at the past project proposals both in Mumbai as well as other cities in the country we an see that more often that not they have overshot their initial estimate. While the low proposal is still welcome, I doubt that the project will be able to stick to it's proposal considering the high amounts of corruption, bureaucracy etc.

This seems like a fairly steep increase in taxation for residential properties. Does anyone have any information about the justification behind this increase?This seems like a fairly steep increase in taxation for residential properties. Does anyone have any information about the justification behind this increase?

Could someone share some more information regarding the locations of these 20 smart cities?Could someone share some more information regarding the locations of these 20 smart cities?

The real estate industry was hit hard in 2015 by poor sales of residential projects and fewer launches, resulting in a surge in unsold inventory. While the sales volume during 2015 was similar to that in 2014, new launches fell sharply by 21% across the country, Knight Frank said in the 4th edition of its half-yearly report – India Real Estate. Last year the sales volume stood at 2.64 lakh units, while in 2014 it was 2.74 lakh. In terms of new launches, NCR, Mumbai and Bengaluru witnessed a sharp drop of 20%, 36% and 27% respectively during 2015.The real estate industry was hit hard in 2015 by poor sales of residential projects and fewer launches, resulting in a surge in unsold inventory. While the sales volume during 2015 was similar to that in 2014, new launches fell sharply by 21% across the country, Knight Frank said in the 4th edition of its half-yearly report – India Real Estate. Last year the sales volume stood at 2.64 lakh units, while in 2014 it was 2.74 lakh. In terms of new launches, NCR, Mumbai and Bengaluru witnessed a sharp drop of 20%, 36% and 27% respectively during 2015.

Hi Shilendra, The government now makes it possible for you to pay your property tax online. Just follow these steps. - First you need to go to the Municipal Corporation of Greater Mumbai website i.e. www.mcgm.gov.in - Click on the link ‘Property Tax’ which is available at the left side of web portal. - After clicking on the link, a new page will open up where you have to enter your Property Account Number to login to your account. This property account no. is mentioned in your property tax bill. - Now on the new page your property tax details will be recovered and displayed on the screen. You will get an option of making payment annual or half yearly. - Now enter the amount that you want to pay against property tax payment. - Then click on Online Payment. Presently only net banking facility is available. You can make only property tax payment through net banking only and no credit/debit card payment is available till now.Hi Shilendra, The government now makes it possible for you to pay your property tax online. Just follow these steps. - First you need to go to the Municipal Corporation of Greater Mumbai website i.e. www.mcgm.gov.in - Click on the link ‘Property Tax’ which is available at the left side of web portal. - After clicking on the link, a new page will open up where you have to enter your Property Account Number to login to your account. This property account no. is mentioned in your property tax bill. - Now on the new page your property tax details will be recovered and displayed on the screen. You will get an option of making payment annual or half yearly. - Now enter the amount that you want to pay against property tax payment. - Then click on Online Payment. Presently only net banking facility is available. You can make only property tax payment through net banking only and no credit/debit card payment is available till now.

Hi Mahesh! The TDS should be deducted when the property is handed over and the final payment is made. For under-construction property, the buyer is considered to hold an interest in the property and for taxation purpose is not considered the owner until completion.Hi Mahesh! The TDS should be deducted when the property is handed over and the final payment is made. For under-construction property, the buyer is considered to hold an interest in the property and for taxation purpose is not considered the owner until completion.

As Uday Kumar has highlighted already, South Chennai is one of the largest IT corridors in the continent. Improved social infrastructure like hospitals, schools, etc along with the upcoming mono rail and well planned connectivity has made it the preferred residential location. Consistent water supply and well planned roads and highways make regions like OMR, ECR and Adyar some of the most attractive destinations in the real estate market. Reputable developers like Radiance, Pacifica, Godrej etc have stunning new projects in these regions. One such upcoming project which has stood out is the Radiance Shine project. It is just a 30-min drive from the airport and provides a luxurious retreat right in the heart of the city. The best part is, it is ready to move in!As Uday Kumar has highlighted already, South Chennai is one of the largest IT corridors in the continent. Improved social infrastructure like hospitals, schools, etc along with the upcoming mono rail and well planned connectivity has made it the preferred residential location. Consistent water supply and well planned roads and highways make regions like OMR, ECR and Adyar some of the most attractive destinations in the real estate market. Reputable developers like Radiance, Pacifica, Godrej etc have stunning new projects in these regions. One such upcoming project which has stood out is the Radiance Shine project. It is just a 30-min drive from the airport and provides a luxurious retreat right in the heart of the city. The best part is, it is ready to move in!

Bangalore has turned into one of the leading real estate destinations in India. What makes this city so popular is its great connectivity as well as the well maintained schools, colleges, hospitals etc. When looking for a destination for their upcoming projects, real estate developers not only look for an area that has a lot to offer at the present but will also appreciate in the future. One of the recently spoken about projects is the Radiance Iris project. It is located at Jakkur and is surrounded by large green cover which makes it the perfect community to enjoy the beauty of nature as well as the comforts of modern living. Bangalore has always been a consistent performer with the booming IT industry which is constantly generating jobs and drawing professionals from all over the country.Bangalore has turned into one of the leading real estate destinations in India. What makes this city so popular is its great connectivity as well as the well maintained schools, colleges, hospitals etc. When looking for a destination for their upcoming projects, real estate developers not only look for an area that has a lot to offer at the present but will also appreciate in the future. One of the recently spoken about projects is the Radiance Iris project. It is located at Jakkur and is surrounded by large green cover which makes it the perfect community to enjoy the beauty of nature as well as the comforts of modern living. Bangalore has always been a consistent performer with the booming IT industry which is constantly generating jobs and drawing professionals from all over the country.