REAL ESTATE
 


Realty funds’ bull run on Divali
Despite a bullish Sensex and realty funds touching a new high, experts warn it is time to sell, discovers Manoj Kumar
Undeterred by the hike in home loan interest rates with Sensex touching 13000 points, the boom time in the real estate market continues. Customers are spending huge money in the sector, especially as part of their Divali buying.

A rainbow on your walls
Bright & cheerful paints are a cost-effective way to change your interiors this Divali, says Geetu Vaid
With the ‘change and new look’ bug giving tough competition to the dengue virus hectic painting activity has been witnessed all around during these pre-Divali days. For those opting to paint their houses and commercial establishments it is a cost-effective and easy way to lend a new ambience to the interiors.

A beginner’s guide to real-estate market
Vibha Sharma talks to realty experts, seeking guidance for first-time buyers
For any first-time investor venturing into the real estate market for the first time the basic guidelines are to have knowledge, knowledge and more knowledge about the subject. The Tribune talked to some experts in the market to understand dynamics of the current high in the real estate and guide those entering the field for the first time.

Luxury living redefined in Bangalore
Builders are ‘choosing’ clients for their super premium apartments, which may cost anything between Rs 2 crore to Rs 9 crore, discovers Jangveer Singh
How much can you pay for a premium address and how much can today’s super premium apartments cost? This is a question whose answer has been redefined in Bangalore in the last one year or so. Before that anything above the Rs 1 crore bar was thought to be the height of luxury. Now the bar has been raised to the Rs 2 crore to Rs 9 crore in the region.

With land at premium, flats are in vogue now
The latest in two-storied flat complexes, where the second floor is common to both flat-owners. With land at a premium and prices sky rocketing gone are the days when an average Indian citizen could afford a decent house of his own even after the retirement. Old-timers recall that in the late 60s and early 70s, land in Chandigarh, then still an infant city, was available for less than Rs 500 a marla. Not any more. A one-kanal independent house in Chandigarh now costs at least Rs 1.5 crore.

The latest in two-storied flat complexes, where the second floor is common to both flat-owners. — A Tribune photograph

Sara International to develop Orissa’s first private port
Sara International Ltd, a Rs 350-crore company, part of the Sara Group of companies, is all set to develop the first private port in Orissa. It has bagged a contract for development of the Rs 1,700 crore Gopalpur Port project. The project, which is a first-of-its-kind initiative by the Government of Orissa, aims to turn the existing Gopalpur port into a multi berth, all weather, and sate-of-the-art facility.

Manaser industrial model for Rohtak, Faridabad
An enthusiastic Haryana Government has decided to go ahead with the setting up of new Industrial Model Township (IMT) at Faridabad and Rohtak. These townships will be built on the pattern of Manesar near Gurgaon. Based on the global model for an industrial hub, these townships will integrate industrial, commercial, residential and institutional sites for operational convenience and promoting walk-to-work-culture.

Realty market goes static after draft of proposed Master Plan
With the plan for Gurgaon city yet to get governmental approval, investors are waiting, observes Ravi S.Singh
Publication of a draft of the proposed “Master Plan-2021” for Gurgaon city, about a month back, has brought about a status quo in the price line in real estate market here. The purchasers appeared to have done a sudden vanishing act from the market the day the draft was made public.

Skyrocketing realty prices hit small-time financiers
With a large number of small-time financiers from the unorganised sector jumping into the real estate market, the sector has become stagnant due to the sudden price rise.

TAX tips
No rebate on increment for family planning operation

Q. Please clarify the following
1. Is the special increment received for adopting family planning operation exempt from income tax?

UAE property giants target India
Leading UAE-based firms, especially in the real estate sector, have joined the list of global companies, targeting investments in India in hotels, malls, healthcare, housing, IT Parks and integrated townships.

Eros to set up Rs 400 crore corporate park at Manesar
Real estate and construction major Eros Group will spend Rs 400 crore on setting up a new corporate tower at IMT Manesar.

 

Top




HOME PAGE