�Reduce FAR-increase rates for hospitals run by charitable trusts�
New Delhi: The secretary general of ASSOCHAM, D S Rawat, has written to Minister of Urban Development Kamal Nath requesting reduction in rates for increasing floor area ratio (FAR) in Delhi hospitals. According to a notification issued by the ministry… Continue reading
Service tax hike will push up property rates: Builders
: The real-estate sector in the city is bracing for a major property rate hike following the new excise and service tax rates announced in the Union Budget. Even though there is only 2 percent increase in service tax and… Continue reading
Minimum 2% hike in property rates as excise, service tax go up
New Delhi: Property prices will rise by a minimum of two per cent immediately due to the hike in excise duty and service tax in the Budget, National Real Estate Development Council today said.
“Property prices are surely going to… Continue reading
Housing prices in Mumbai, Kolkata down, Delhi rates up in Q3
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Builders find ways to stay afloat, hold on to property rates
MUMBAI: One of the worst years ended with property prices refusing to dip, small realtors staying afloat and many developers finding ways to raise money. Big Indian cities are possibly the only exception in the world where a turbulent stock… Continue reading
Reduce rates to boost housing demand: realtors
New Delhi: Real estate developers today said that RBI’s decision to cut cash reserve ratio (CRR) will help improve the liquidity position of various sectors, including realty, but felt that interest rates should be brought down to boost housing demand.… Continue reading
Reduce interest rates to boost housing demand: Realtors
NEW DELHI: Real estate developers today said that RBI’s decision to cut cash reserve ratio (CRR) will help improve the liquidity position of various sectors, including realty, but felt that interest rates should be brought down to boost housing demand.… Continue reading
Private equit Investments soar 75% in realty, mutual funds shun sector on rising interest rates
KOLKATA/NEW DELHI: Private equity investments in India’s real estate projects have grown more than 75% over the past year, even as mutual funds and other investors have shunned this sector because of rising interest rates and falling revenues.
Analysts say… Continue reading