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    • Festive Season Fails to Bring Cheer for Real Estate

      Festive Season Fails to Bring Cheer for Real Estate

      Festive season is generally considered as the most important time for the realty sector as it records the highest number of sales, which is nearly 20-25 per cent more than non-festive period.

    • Parsvnath Leases Office Space in Connaught Place

      Parsvnath Leases Office Space in Connaught Place

      Parsvnath, which recently sold 140 acres at Sohna in Gurgaon to Supertech for Rs 665 crore, has completed construction of an official building covering 2.8 lakh sq ft of leasable area on Bhai Veer Singh Marg, Gole Market.

    • 'Affordable Housing Will Drive Growth in Realty Sector'

      'Affordable Housing Will Drive Growth in Realty Sector'

      Housing for all by 2022 is also the key agenda of the new government. Despite the visible benefits, the housing sector is facing myriad challenges in terms of regulatory and policy challenges, Ministry of Housing and Urban Poverty Alleviation Karan Bir Singh Sidhu said.

    • Mumbai Slips to 10th Position in Terms of Rentals, Says Report

      Mumbai Slips to 10th Position in Terms of Rentals, Says Report

      The 15 cities surveyed are San Francisco, Madrid, New York, Singapore, Sydney, Washington, London, Mumbai, Tokyo, Mexico City, Paris, Hong Kong, Houston and Frankfurt.

    • Delhi Circle Rates Hiked by Up to 20%: How it Impacts You

      Delhi Circle Rates Hiked by Up to 20%: How it Impacts You

      Circle rates, introduced in 2007, are revised periodically. In Delhi, these rates were last revised in November 2012, when the rates were hiked by 200 per cent.

    • DDA Housing Finance Schemes: 10 Things You Must Know

      DDA Housing Finance Schemes: 10 Things You Must Know

      The DDA has authorised 13 banks to sell application forms for its residential scheme. These banks are State Bank of India, Punjab National Bank, Syndicate Bank, Union Bank of India, IDBI Bank, Corporation Bank, Central Bank of India, Kotak Mahindra Bank, Axis Bank, IndusInd Bank, ICICI Bank, Yes Bank and HDFC Bank. Most of these lenders have come out with attracting finance schemes.

    • Price for Off-Street Parking in SoHo? At New Condo Development, It's $1 Million

      Price for Off-Street Parking in SoHo? At New Condo Development, It's $1 Million

      A new development, 42 Crosby St., is pushing the limits of New York City real estate to new heights with 10 underground parking spots that will cost more per square foot than the apartments being sold upstairs.

    • House Rent Allowance: All You Need to Know

      House Rent Allowance: All You Need to Know

      Here are some important factors to bear in mind about HRA that will also help you figure out how to get the maximum tax benefits and therefore plan your investments accordingly.

    • Property Prices Dip in Delhi. Good Time to Buy?

      Property Prices Dip in Delhi. Good Time to Buy?

      Property prices in some pockets in Delhi and the NCR have fallen by over 20 per cent year-on-year, according to the National Housing Bank's Residex index, which tracks residential property prices across 26 cities in the country. In fact, Delhi is the only metro, where prices have dropped in the March quarter.

    • Office Space Absorption Up 11% in Delhi-NCR

      Office Space Absorption Up 11% in Delhi-NCR

      "Office space in Delhi NCR witnessed total take-up of 1.38 million sq. ft. in Q2, representing a decrease of 18 per cent q-o-q (quarter-on-quarter) but an increase of 11 per cent y-o-y (year-on-year)," DTZ said in its report 'Property Times Delhi NCR Q2 2014'.

    • REITs: A New Alternative for Real Estate Investors

      REITs: A New Alternative for Real Estate Investors

      You can soon own some office space even with a small sum just like the owning a share gives you a small bite of the company.

    • Residential Segment to Revive in Q4 of 2014

      Residential Segment to Revive in Q4 of 2014

      Due to low consumer confidence during last year and even in the first half of 2014, residential property absorption levels reduced significantly resulting in an increase in inventory levels and correction in prices, according to ratings agency Care Ratings.

    • Mumbai's Office Space Leasing to Pick up in 2015: CBRE

      Mumbai's Office Space Leasing to Pick up in 2015: CBRE

      Office space leasing activity in the city is not expected to move significantly before next year although the sentiment in the real estate sector is witnessing some improvement, says property consultant CBRE.

    • Office Space Leasing Up 26% in April-June in Top 7 Cities

      Office Space Leasing Up 26% in April-June in Top 7 Cities

      "The quarter saw an approximately 26 per cent increase in quarter-on-quarter total office space absorption across these prime locations, from a little more than 6 million sq ft in Q1 2014 to nearly 8 million sq ft in Q2 2014 - signalling the generation of reasonable employment opportunities," CBRE said in a statement.

    • Ceebros Property Development Seeks Government Cooperation for Housing Projects

      Ceebros Property Development Seeks Government Cooperation for Housing Projects

      "There is demand for affordable housing. But cooperation from government is also necessary like offering special packages", Ceebros Property Development Chairman C Subba Reddy told PTI here.

    • New home launches fall by one-third in Delhi NCR: Cushman & Wakefield

      New home launches fall by one-third in Delhi NCR: Cushman & Wakefield

      National capital region (NCR) saw a decline of 33 per cent in new launches this year at 38,411 units compared with 57,098 flats in the year-ago period.

    • Supreme Court sets aside High Court order on flat owners' right on 'common areas'

      Supreme Court sets aside High Court order on flat owners' right on 'common areas'

      The High Court had asked the competent authority to decide the objections of the owners the Silver Oaks Apartments at Gurgaon to the declaration filed by DLF Ltd by which they were deprived of their rights.

    • Beijing divorces soar over property tax

      Beijing divorces soar over property tax

      Nearly 40,000 couples divorced in the Chinese capital in the first nine months of this year, up 41 per cent on the same period in 2012, the Beijing Youth Daily said, citing official figures.

    • RBI's new home loan norms will push property prices higher: DLF

      RBI's new home loan norms will push property prices higher: DLF

      The central bank on Tuesday said upfront disbursal of lump sum loans should not be made in case of incomplete or housing projects under construction. It also asked lenders to stop "innovative housing loan schemes," popularly known as 80:20 and 75:25 schemes.

    • Rupee depreciation may boost NRI investments in realty sector

      Rupee depreciation may boost NRI investments in realty sector

      According to real estate consultancy firm Cushman & Wakefield, the depreciation in rupee provides a psychological boost to both non-resident Indians as well as developers.

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