All laws have been modified to omit the domicile clause for property rights in the valley. This effectively means that anyone with enough money to spend can now technically buy property there, writes Sai Manish.
Albert, a 13-acre historic town in the state of Texas, has been sold for almost 1.5 million ($2.06 million) on auction Web site eBay, The Daily Telegraph reported on Saturday.
Capt Gopinath, in a deperate bid to fend off a possible auction of his prime residential property in Bangalore by State Bank of India, which had earlier issued notices to sell his pledged properties to recover as much as Rs 259 crore (Rs 2.59 billion), has struck a deal with Sobha Developers to raise funds.
At least 13 people were killed as an under-construction five-story residential building collapsed in Cancona town of Goa on Saturday.
An increasing number of Kolkata-based real estate players are spreading their wings and building interesting projects all over India.
The world's biggest lockdown that shut a majority of the factories and businesses, suspended flights, stopped trains and restricted movement of vehicles and people, may have cost the Indian economy Rs 7-8 lakh crore during the 21-day period, analysts and industry bodies said.
Realtors are still flexible with buyers' demands.
There was no relief for existing home buyers who are stuck in stalled projects and are paying both rent and EMI on their home loans.
The alleged underworld don, who had been deported to India in May 2002 from Dubai in a passport related case, has now been acquitted in all the nine cases against him.
SBI, the country's largest lender, had recently issued public auction notices to sell Gopinath's pledged properties
Experts attribute this to economy slowdown and political uncertainty with the general elections round the corner.
Launches of new homes reduced drastically this year.
As under-construction properties turn riskier, due to slowing sales, a buyer needs to protect his interest in the property.
'By not only decriminalising routine business failures, but by ensuring that institutional lending and corporate rescue frameworks are strengthened via the IBC, the prime minister has ensured there is no room anymore for the proverbial 'reckless, prodigal debtor',' notes Sanju Verma.
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.
Elections for 19 Rajya Sabha seats spread across eight states will be held on Friday with the contest in Gujarat, Madhya Pradesh and Rajasthan promising to be a close affair between the BJP and the Congress.
Despite the absence of any notable price growth, transaction volumes are picking up in major Indian cities. The surge in sentiments is also backed by a significant rise in transparency in the industry.
'After each election the losers troop to the court with various objections. The general election will not be different.' 'It could be worse if there is no clear majority and the President has to invite the party with the largest number to form the government,' points out M J Antony.
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.
A special Prevention of Money Laundering Act court on Wednesday issued a non-bailable warrant against Pankaj Bhujbal.
Urjit Patel, Binny Bansal, Nirav Modi and Rahul Gandhi personify the big trends that defined 2018. Well, almost...
Veteran Congress leader Digvijaya Singh and Bharatiya Janata Party candidates Jyotiraditya Scindia and Sumer Singh Solanki on Friday won Rajya Sabha election from Madhya Pradesh.
The association demanded that the interest rates for developers as well as home buyers should be brought down to boost realty sector, which is facing a slowdown in demand.
Rizvi's burial took place in Mumbai. Khushi's body was cremated at the Khaswadi crematorium in Vadodara.
While sale of residential properties increased only marginally despite plethora of steps taken by the government through the year, office space leasing rose 40 per cent to touch an all-time high of 46.5 million sq ft -- a trend that drew investors to lap up India's first Real Estate Investment Trust at an issue size of nearly Rs 5,000 crore.
Some genius assumed that a 2,000 note could seamlessly replace 500s and 1000s in ordinary transactions. If that genius had consulted an actual chai-wallah, he might have thought twice, argues Devangshu Datta.
And ticket redistribution could be that moment, says Nazarwala.
Mr Trump's endorsement is a compelling reason Indians waiting for the Turnaround that is Just Around the Corner shouldn't take him too seriously.
'In a gang, the person who controls the finances is the most important key person.' 'Cut the finances of a gang and it will vanish.'
Builders were questioned on unfair trade practices.
Around 25 per cent of the international real estate market in London also belongs to Indians with investments around 1 billion pounds.
'Sachin Pilot once calculated that with a million Indians flooding the labour market every month, only an additional 12 million jobs annually could keep unemployment at the same level.' 'That's chickenfeed for the functionaries who cram my e-mail inbox every day with such a constant flow of job offers that trying to empty it is like trying to drink dry the horn connected to the ocean in Norse mythology,' says Sunanda K Datta-Ray.
Channel partners have started adding more value in marketing and sales. They are increasingly acting as advisors -- sales professionals than brokers.
'In the new Bollywood, where success can translate, like a chain reaction, into gains in related fields, mere appearance on the screen is no longer a guarantor of fame,' says Vikram Johri.
It is expected to bring transparency and reinstate consumer faith in the industry, says Brotin Banerjee.
CREDAI Chairman Lalit Jain said a long term status quo on interest rates would not help prospective home buyers.
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