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The year so far has witnessed several luxury project launches by major real estate companies such as DLF, Unitech, Supertech, Tata Housing and Godrej Properties.
Developers announce new projects, vacant land being unlocked
Reaction to surge in applications, seemingly to hide identity as chit funds.
The flood-hit religious destinations of Kedarnath, Badrinath, Yamunotri and Gangotri, where rescue operations are underway, would again record heavy rains from Thursday, the India Meteorological Department said on Friday. It also predicted "rather heavy showers" in Hemkund Sahib, another religious destination hit by flash floods and heavy rains, from Wednesday.
Property markets in Uttarakhand and Himachal Pradesh, which have had a dream run in recent years, are set to face a downturn.
To revive the two state-run telecom operators, Bharat Sanchar Nigam Limited (BSNL) and Mahanagar Telephone Nigam Ltd (MTNL), the government is likely to waive the one-time fee these telcos need to pay for retaining additional spectrum.
The FY13 fourth quarter (Q4) earnings, however, fell short of analysts' expectation, as debt was still high at Rs 21,730 crore (Rs 217.3 billion), with much of the targeted non-core sales done.
Might discuss Ordinance route tomorrow, note circulated among ministers listing discussion topics.
With projects ranging from affordable to premium, Tata Housing Development Co Ltd says it expects to be among the top three real estate entities in the next five years.
Experts attribute this to economy slowdown and political uncertainty with the general elections round the corner.
No clarity yet on whether multi-level structure would escape ban.
A farmhouse colony would be a cluster of 20-30 farmhouses, each with an area of 1-2.5 acres, spread over at least 100 acres.
The project will have 28 floors, with 324 apartments spread over 16 acres, and is likely to be announced in the next one or two months
The Committee, in an earlier report on the Direct Taxes Code (DTC) Bill, had favoured abolition of STT.
Expected to be over 100% of long average period.
Costs on the outskirts soar 50-100% through past year
Television owners might have to again shell out a licence fee- this time to fund state-owned Prasar Bharati, which runs Doordarshan and All India Radio, if a government committee has its way.
At Rs 10-25 crore each, with star design and promotion, the segment is supposed to be recession-proof.
According to experts tracking the realty sector, sites such as Magicbricks.com, 99acres.com and makaan.com are fast-becoming the choice of consumers looking for renting a property, as such sites let them directly connect with the owner and save time and money.
The tie-up with IBM for Wave City, to be spread over 4,500 acres, is meant to provide information on traffic management through SMS alerts and billing usage.
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