Indian real estate is one of the most attractive investment destinations, especially for Non-Resident Indians (NRIs). The total NRI investment in primary Indian real estate in the top 8 significant cities will reach about USD 11.5 billion in 2017, according to Square Yards, an investment advisory firm for real estate. The NRI investment sentiment has improved significantly in India due to the progressive regulatory reforms and ease of the NRI investment process
Despite reports of growing housing sales and new launches, the zest of real estate developers seems missing this time. So, how will this Diwali pan out for them?
In This Blog, we discuss top SCO Plots in Gurgaon offered by different builders. SCO means Shop-cum-office spaces is a new way to invest your money in real estate or commercial property.SCO plots are considered freehold commercial property where builders give and offer plots space to clients to create their shop and office to build on that area. In Sco plots clients can create their shop, office space, retail space restaurant, etc. Bringing Together The Best Of Retail And Office. Ensuring That Your Business Takes Off From A Perfect Setting You Can Expect. Bringing together all the resources for a world-class commercial cum retail hub. By reading this blog you will get crystal clear knowledge of which commercial property in Gurgaon is best suited for you as per your needs and desire
Spearheaded by Shubham Bansal and Kinshuk Aggarwal, Fortune Keys aims to cater to a vast, diverse portfolio of clients across Delhi, Noida and Gurugram, and educate them with various types of Real Estate Investments
It is becoming a challenging task for Non Resident Indians to invest in Indian property as rupees are touching the grounds in comparison to the dollars. Different cities from Delhi and Mumbai to Gurgaon and Noida, every town offers commercial property for investment purpose
The best investment on earth is Earth. Are you someone who possesses commercial real estate assets in your portfolio? While the stock markets are currently going volatile and the less risky assets are providing no return on investment, the commercial estate properties are continuing to provide great rewards to investors
The growing need for home ownership and stable employment scenarios led by sectors like information technology and healthcare drove housing demand during the quarter
Gurugram (Haryana) [India], September 3 (ANI/NewsVoir): Leading realty players in Gurugram are optimistic that the growth in the Indian residential segment will peak in 2023, as outlined in the recent ANAROCK report.
It is the second time a resident advisory council is being formed in the city, after the two-year tenure of the previous council members ended this year. Besides RWA members, the council will also include officials from GMDA, MCG, district administration, HSVP, gram panchayat, and representatives from industries, labour, industry, civil society, and real estate associations.
The pandemic has further elevated the significance of owning a home instead of living in rented properties. Amid work from home, people increasingly prefer spacious homes with a distinct workspace.
NRI Tax Filing Deadline Updated: Through its latest circular (08/2021; F.NO. 225/49/ 2021/ITA-II) dated 30th of April, 2021, The Central Board of Direct Taxes has extended the Income Tax Filing deadline till 31st May 2021 from 1st April 2021 previously
Today, the second wave of coronavirus has imbued uncertainty in the sector resulting in a temporary pause, but developers are now better prepared and well-versed with the know-hows of a pandemic
The second wave of Covid-19 has put brakes on the recovery of the real estate sector. Property consultants suggest that sales have started falling since April and the situation is likely to worsen if the situation does not improve
As the sector gears up to enter another phase in 2021 with the arrival of the Corona virus vaccine, it will have to realign itself with buyers’ new expectations
If you were living abroad for several years, wouldn’t you want to have some tangible connection to your roots? What better way to do this than to buy a slice of land in the country of your origin? This is exactly what the non-resident Indian (NRI) is doing; more so, as a result of the present pandemic. Let’s explore the reasons for this phenomenon that is taking Indian real estate by storm
As India starts the process to roll out the Coronavirus vaccine by mid-January, the positive impact of the inoculation programme will also be seen in the country’s real estate segment
The top court also clarified that the present provisions serve a specific policy objective to ensure the right of the NRIs to occupy their property in the UT of Chandigarh and the state of Punjab after “returning” to their country.
Residents pointed out that most of the street lights in the colony have been lying defunct for the past many years and despite several complaints to the builder, it has not been addressed.
Khattar said, “As per the figures presented in the meeting, GMDA is facing a loss of around Rs 300 crore. We are looking at alternative revenue generation measures so that the authority can take up more development projects.”
A recent visit to the site by TOI showed that construction is under way at three sites in Ansals Aravali Retreat, involving clearing of land and removal of vegetation. Trees have also been bulldozed to widen a pathway.
The CM said that Dharani would be a trendsetter in the country as many states were keenly following it to replicate the process in their respective territories.
WeWork also said it successfully exited 66 locations that were open or were to be opened and that it amended 150 lease arrangements that resulted in an estimated reduction of $1.5 billion in long-term liabilities.
They have filed a police complaint demanding action after the Suncity RWA raised Value Added Services (VAS) invoice to the residents. “We completely oppose this move. It is unlawful and arbitrary in nature,” said one of the residents.
The developers of licenced colonies, whose takeover by the Municipal Corporation of Gurgaon (MCG) was announced two years ago, have neither completed their pending infrastructure work nor paid the civic body to do it on their behalf.
District town planner (enforcement) RS Batth said that the department had received complaints about an illegal colony with the name of Bhawani enclave being developed on 12-acre prime land in Bhondsi.
The petitioner has submitted that his father was owner of the land which was acquired by HSVP for the development of Sector 52, 55, 56 and 57 in the Urban Estate Gurgaon.
The deal is expected to be worth more than Rs 1,000 crore, with the complex in Gurugram’s Udyog Vihar costing Rs 600-700 crore. The buildings together have about one million square feet of space, with over 90% of it occupied.
The process will include marking of survey monuments at every 500 meters which will allow the metropolitan authority to keep a track of all its land thereby checking the encroachments.
To seek e-appointment, the buyer will have to first login to jamabandi.nic.in, which takes the buyer to the web portal of the state’s land record documents.
Indian Bank's exposure to RHFL is only Rs 120 crore out of the total debt of over Rs 1,00,000 crore. It is to be noted that earlier Delhi High Court had stayed such classification by the lead bank Bank of Baroda on August 14.
"The conditions these families were compelled to live in were just horrendous, said Gregory Leyh, the tenants' lawyer. "The court used the phrase 'outrageous and reprehensible,' which I think is really an apt phrase."
"This initiative is a step towards the goal of attaining faster and hassle-free clearance for land development and building construction approval in a transparent manner," tweeted Goa Chief Minister Pramod Sawant.
The Telangana cabinet on Wednesday approved TSbPASS (Telangana State Building Approval and Self Certification System) to provide hassle-free online building permissions within 21 days.
A senior DTCP official said most of the complaints centred on high maintenance charges in affordable houses, poor construction quality and demands for a structural audit of projects, absence of roads, pending occupation certificates and lack of amenities.
