Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
With necessity being the mother of invention, commercial property developers are going off the beaten track to meet the challenge of a huge sales slowdown.
If you want to free yourself from worrying about the builders' documentation and the legality of the construction, it's best to look for a pre-approved property.
Accounting regulator ICAI has called for excluding land value from the proposed service tax on the realty sector, saying land is a state subject.
Syed Firdaus Ashraf lists 10 ways in his life has improved under the first Modi Sarkar.
This is one of the many such cases that helped to create an acute fear psychosis among public sector bankers, reveals Tamal Bandyopadhyay in his fascinating new book Pandemonium: The Great Indian Banking Tragedy.
'We're clear Covishield is not a problem. The UK is open to travel and we're already seeing a lot of people going from India to the UK, be it tourists, business people or students,' Alex Ellis, British high commissioner to India, said.
The Central Bureau of Investigation has registered a corruption case against unknown officials of the Cabinet Secretariat, a specialised covert unit of Research and Analysis Wing and private businessmen for alleged irregularities in the purchase of tents worth Rs 22 crore, official sources said in New Delhi.
Five others were critically injured.
At least 13 people were killed as an under-construction five-story residential building collapsed in Cancona town of Goa on Saturday.
The UK's biggest LEGO show 'Brick 2015: Built for Lego Fans' in London featured a life-size woolly mammoth, a replica of the Titanic and Hogwarts from the famous Harry Potter franchise.
According to villagers in the region, builders have been doing the rounds of the area, trying to spot suitable locations for residential projects.
The collapse of an under-construction 11-storey building in Chennai which claimed 11 lives should serve as a wake-up call for the housing sector to have a regulatory mechanism for the construction industry, says N Sathiya Moorthy
The pandemic, and the resulting lockdown, saw many people buy or adopt a puppy without realising that this is a long term commitment, says dog trainer Pooja Sathe Gawande.
United Nations General Assembly on Friday appointed Antonio Guterres as the UN Secretary General for a second term beginning January 1, 2022, days after the powerful Security Council unanimously recommended his name to the 193-member body for re-election.
The Motera stadium in Ahmedabad dominated the headlines as it is set to become the world's largest cricket stadium.
'When the camera rolls, he is Salman Khan and he is Aayush Sharma.' 'No family comes into the picture.' 'That became quite a challenge for Aayush because he knew this film will make or break his career.' 'Mahesh sir also told him: "When you're shooting, you have to forget you are related or that he's a superstar".'
Calling the action against residents of illegal flats in Worli's Campa Cola compound as "unjust", MNS chief Raj Thackeray on Tuesday said the builders and authorities concerned who are responsible for such unauthorised structures should be punished and sent to jail.
For those who feel conned by builders, Maharashtra government has decided to provide some relief by amending a law to allow flat buyers to get stamp duty refunded on cancellation of agreement with the builder. The decision to amend Section 48 (pertaining to property sales) of the Mumbai Stamp Act, 1958 was approved at a meeting of the State Cabinet in Mumbai on Wednesday, official sources said.
The National Investigation Agency has seized Rs 1.4 crore, believed to be terror money, in Bangalore. The agency sources told Rediff.com that the money was sourced through modules in North East and was sent to Bangalore.
The jewellery industry has welcomed the government's decision to ban old Rs 500 and Rs 1,000 notes, saying gold demand will rise as people will have more faith in the precious metal than the currency notes. But the unorganised builders and secondary (resale) property market would be adversely impacted.
The former UN refugee chief takes over from Ban Ki-moon on January 1.
Police have registered a case of forgery and corruption against Anand Rao, builder and son-in-law of late Bharatiya Janata Party leader Pramod Mahajan, and two former Chief Executive Officers of Maharashtra's Slum Rehabilitation Authority.
The Reserve Bank on Tuesday asked banks to link the disbursal of home loans to stages of construction to protect the interests of buyers and contain the fallout of 'innovative' housing financing schemes.
The building did not have the mandatory Occupation Certificate granted by the Brihanmumbai Municipal Corporation, but it was already occupied by around 58 flat owners, according to the civic body.
A bench of Justices Arun Mishra and U U Lalit said, if home buyers are not ready to pay their outstanding amount, then the court will have to bundle up the projects.
''I have been saying for the last 25 years, to no avail naturally, that the only government asset that is politically unproblematic is land,' says T C A Srinivasa Raghavan.
Indian American children have dominated the Scripps Howard Spelling Bee in the United States since the turn of the new century. Long before this impressive trail of triumphs began, way back in 1985, Balu Natarajan became the first Indian American child to win the Spelling Bee. Rediff.com US Contributor Abhijit Masih catches up with Dr Natarajan as the 2021 Spelling Bee takes off this weekend.
Agency reports said he had been staying in the house belonging to a Kyrgyz friend.
With prices unlikely to run up sharply, genuine buyers can start readying deals before the festival season starts.
However, the consultant cautioned that security concern may keep prospective property buyers at bay for now.
In upmarket areas like Bandra and Khar, the going brokerage is as high as 4 per cent
A number of Lucknow-based small builders are facing crunch due to the rise in inflation and increase in the interest rate by banks.
The Congress leader, dressed in black pants and a white kurta, was seen sitting on the footpath and asking migrant labourers near the Sukhdev Vihar flyover about their ordeal.
The Maharashtra CM is known to choose the right time to hit back at people he considers a threat, says N Suresh.
In a trend that has taken off in a significant way, more and more developers are launching independent floors with lawns and basement/roof terraces in gated communities, to attract buyers, who otherwise opt for builder floors prevalent in the unorganised real estate sector.
Nationalist Congress Party leader and former deputy chief minister Ajit Pawar tells Sanjay Jog the allegation of corruption against his party is a political conspiracy. Edited excerpts:
Housing prices could drop by up to 30% over 6 to 12 months after demonetisation.
