March 10th, 2010RBI seen raising Indian interest rates in April
The Reserve Bank of India is widely expected to increase short-term interest rates at its policy review in April and a slight majority of analysts surveyed also see it further increasing banks’ reserve requirements. Read the rest of this entry »
March 10th, 2010Finance Minister: India set for high, inclusive growth
The worst is over for the Indian economy after two hard years and the country will return to a high growth path with renewed confidence and even log double-digit expansion, Finance Minister Pranab Mukherjee said on Friday reports the ET. Read the rest of this entry »
March 2nd, 2010Govt to tax sales of Indian real estate under construction
The Indian government plans to charge a service tax on sale of homes Indian real estate under construction. This will have a major impact and will raise costs for buyers. Read the rest of this entry »
February 27th, 2010Commercial rentals to jump 10% with service tax
Rentals of Indian commercial properties are expected to rise by 10 per cent after the Budget today proposed to bring all lease agreement of shopping complexes, malls and vacant lands under the ambit of service tax. Read the rest of this entry »
February 26th, 2010Union Budget only good for Tier 11 +111 cities
The Indian Budget is largely neutral for the Indian real estate sector according to the Economic Times. Read the rest of this entry »
February 25th, 2010Indan Real Estate Slowdown?- DLF sells 1,200 units in a week
Delhi real estate: India’s largest real estate company by revenue, DLF, today stated that it has sold more than 1,200 units of the Panchkula Valley project in less than a week of opening sales. Read the rest of this entry »
February 25th, 2010Business Week: Indian economy may grow at 8.2% next year
India’s economic growth may surpass 8 percent in the coming financial year, Finance Ministry projections showed, allowing scope for a reduction in stimulus measures that would help the nation restrain its debt burden according to a recent report by Business Week. Read the rest of this entry »
February 23rd, 2010Gujarat on the up with lower land costs and clear land titles
With a slowing real estate market in Mumbai, many city-based developers have set sights on the neighbouring state and real estate in Gujarat. Read the rest of this entry »
February 22nd, 2010Greater Noida Real Estate Prices Likely to Fall
A change in policy and more importantly the location of an international airport will have big impact on real estate in Noida and also prices for land and real estate in Noida. The Uttar Pradesh government have decided to move its proposal for an international airport from Greater Noida to Meerut istead. Read the rest of this entry »