Sunday, 30 November 2014

ET Wealth: How to buy property auctioned by a bank in 8 easy steps

If you win, deposit 25 per cent of the bid amount, including EMD, within 24 hours. The rest has to be given within the time limit.



from Real Estate-Wealth-The Economic Times http://ift.tt/1yrE9C1

Should you purchase a foreclosed property?

The bank that forecloses a property sets a 'reserve price' while auctioning it. This is based on the price at which the property was bought.



from Real Estate-Wealth-The Economic Times http://ift.tt/1yySX2S

Friday, 28 November 2014

Bengaluru office spaces grow pricier with hiked guidance values

Revised values came into effect on November 18 and will determine stamp duty and other charges to be paid during registration of property.



from Real Estate-Wealth-The Economic Times http://ift.tt/1txrNmC

Got a flat in the DDA 2014 draw? Now what?

If you are one of the lucky applicants who got a flat in the DDA Housing Scheme 2014 draw, make sure you are updated with all further information.



from Real Estate-Wealth-The Economic Times http://ift.tt/1txrOHr

Bengaluru office spaces grow pricier with hiked guidance values

Revised values came into effect on November 18 and will determine stamp duty and other charges to be paid during registration of property.



from Real Estate-Wealth-The Economic Times http://ift.tt/1yp4e5V

Thursday, 27 November 2014

Got a flat in the DDA 2014 draw? Now what?

If you are one of the lucky applicants who got a flat in the DDA Housing Scheme 2014 draw, make sure you are updated with all further information.



from Real Estate-Wealth-The Economic Times http://ift.tt/1rBn1oB

Gurgaon police hunting for analyst Neeraj Monga following Indiabulls' complaint

Realty and financial services group alleged that Monga sent emails demanding $50,000 to suppress the adverse report.



from Real Estate-Wealth-The Economic Times http://ift.tt/1Fyjeif

Gurgaon police hunting for analyst Neeraj Monga following Indiabulls' complaint

Realty and financial services group alleged that Monga sent emails demanding $50,000 to suppress the adverse report.



from Real Estate-Wealth-The Economic Times http://ift.tt/1rur8Iu

Mumbai has emerged as the favourite Indian city: Survey

Mumbai has emerged as the favourite Indian city, while the national capital secured the second position, according to a survey conducted by a travel magazine.



from Real Estate-Wealth-The Economic Times http://ift.tt/11ymZqF

Floor area ratio, ground coverage increased in Delhi; move to benefit buyers

Property prices in many parts of Delhi have been under stress over the past two years because of an increase in supply and a subsequent decline in demand.



from Real Estate-Wealth-The Economic Times http://ift.tt/11ymZam

Puravankara Projects enters joint venture with Ekta World, Oxford Group for Pune realty project

Puravankara Projects has entered into a joint venture with Ekta World and Oxford Group to develop nearly 30 acres of residential land at Mundhwa in Pune.



from Real Estate-Wealth-The Economic Times http://ift.tt/1psdyEr

Veritas man Nitin Mangal who clobbered Indiabulls taken in custody

The development assumes significance as this is the first time that an analyst of an equity research firm has been arrested in India.



from Real Estate-Wealth-The Economic Times http://ift.tt/1psdyEf

US real estate market emerges as investment destination for Indians: Report

According to a report, Indians spent $459,028 or Rs 2.81 cr on an avg to buy properties across cities like Los Angeles, Las Vegas, Chicago, Dallas & New York.



from Real Estate-Wealth-The Economic Times http://ift.tt/1psdxjG

Apartment rentals dip 30% in south Mumbai, south Delhi and Gurgaon

Apartment rentals in south Mumbai, south Delhi and Gurgaon have fallen by 20-30% in the last one year, according to property consultants.



from Real Estate-Wealth-The Economic Times http://ift.tt/11ymXz6

Circle rates: Circumventing market logic

The concept of govt having to estimate market values is itself unique only to a few emerging economies where people are loath to reporting true market values.



from Real Estate-Wealth-The Economic Times http://ift.tt/11ymXyY

Who’s to blame for rise in realty prices?

It is true that some unscrupulous developers intentionally undertake a slower pace of construction if sales in their projects are sluggish.



from Real Estate-Wealth-The Economic Times http://ift.tt/11ymXiH

US real estate market emerges as investment destination for Indians: Report

According to a report, Indians spent $459,028 or Rs 2.81 cr on an avg to buy properties across cities like Los Angeles, Las Vegas, Chicago, Dallas & New York.



from Real Estate-Wealth-The Economic Times http://ift.tt/1tn3okN

US real estate market emerges as investment destination for Indians

According to a report, Indians spent $459,028 or Rs 2.81 crore on an average to buy properties across cities like Los Angeles, Las Vegas, Chicago, Dallas, and New York.



from Real Estate-Wealth-The Economic Times http://ift.tt/1FuWq4M

Mumbai has emerged as the favourite Indian city: Survey

Mumbai has emerged as the favourite Indian city, while the national capital secured the second position, according to a survey conducted by a travel magazine.



from Real Estate-Wealth-The Economic Times http://ift.tt/1tmHEoY

Wednesday, 26 November 2014

Floor area ratio, ground coverage increased in Delhi; move to benefit buyers

Property prices in many parts of Delhi have been under stress over the past two years because of an increase in supply and a subsequent decline in demand.



from Real Estate-Wealth-The Economic Times http://ift.tt/1vlKgqx

Puravankara Projects enters joint venture with Ekta World, Oxford Group for Pune realty project

Puravankara Projects has entered into a joint venture with Ekta World and Oxford Group to develop nearly 30 acres of residential land at Mundhwa in Pune.



from Real Estate-Wealth-The Economic Times http://ift.tt/1AUqWFu

Veritas man Nitin Mangal who clobbered Indiabulls taken in custody

The development assumes significance as this is the first time that an analyst of an equity research firm has been arrested in India.



from Real Estate-Wealth-The Economic Times http://ift.tt/11vVLAU

Realty sector welcomes FAR hike; wants increase in density

Real estate industry hailed increase in floor area ratio and ground coverage for plots in Delhi, saying the move would allow more built up area on bigger land parcels.



from Real Estate-Wealth-The Economic Times http://ift.tt/1vjVSdw

Office leasing up 36% in January-September; maximum rise in Ahmedabad

Ahmedabad witnessed maximum surge in office space absorption as it reported more than three-fold jump in leasing at 11,39,100 sq ft of area.



from Real Estate-Wealth-The Economic Times http://ift.tt/1Fs9SVg

Realty firm Puravankara enters JV for housing project in Pune

Giving details about the JV, Puravankara said the three partners would share revenue from this project, but did not disclose in which ratio.



from Real Estate-Wealth-The Economic Times http://ift.tt/1ztUh5j

Venkaiah Naidu approves enhancement of Floor Area Ratio in Delhi

UD Minister Venkaiah Naidu approved the proposal of Delhi Development Authority (DDA) in this regard on Monday this week.



from Real Estate-Wealth-The Economic Times http://ift.tt/1ATBS67

Tuesday, 25 November 2014

25,040 get their dream house in DDA 2014 housing scheme lucky draw

With 25,040 flats it has been DDA's biggest offering to date for which it received the maximum number of applications—10,08,985.



from Real Estate-Wealth-The Economic Times http://ift.tt/1zWQmPk

Apartment rentals dip 30% in south Mumbai, south Delhi and Gurgaon

Apartment rentals in south Mumbai, south Delhi and Gurgaon have fallen by 20-30% in the last one year, according to property consultants.



from Real Estate-Wealth-The Economic Times http://ift.tt/1AQpljZ

Mega housing scheme draw: DDA website attracts nearly 30 lakh hits

The scheme received as many as 10,08,985 applications against 25,040 available flats which effectively means that each flat had 40 applicants, and each applicant had a mere 2.5 per cent chance of successfully landing a flat.



from Real Estate-Wealth-The Economic Times http://ift.tt/1rbyvVh

Property prices in Mumbai metropolitan region likely to correct by up to 20%: Survey

Study says demand for housing in Mumbai metropolitan region is expected to increase to nearly 1.20-1.25 lakh units annually over the next three years.



from Real Estate-Wealth-The Economic Times http://ift.tt/1Fo6t9N

DDA announces winners of mega housing scheme

The draw was held under the supervision of retired Delhi High Court judge Manju Goel, National Informatics Centre DG Mahesh Chandra and IIT-Delhi professor Anshul Kumar.



from Real Estate-Wealth-The Economic Times http://ift.tt/1ra9auO

Godrej Properties opens first international office in Dubai

Godrej Properties Limited has been constantly engaging with customers through various exhibitions and events in international markets.



from Real Estate-Wealth-The Economic Times http://ift.tt/1v9mYUL

News Corp acquires 25% stake in PropTiger.com for $30 million

In July 2013, News Corporation completed the separation of its business into two independent companies - 21st Century Fox and News Corp.



from Real Estate-Wealth-The Economic Times http://ift.tt/1v9cjsY

Much-awaited DDA housing scheme draw under way

The process of draw for over 25,000 flats, which started at 11.30am, was expected to be completed around 2pm, DDA's spokesperson said.



from Real Estate-Wealth-The Economic Times http://ift.tt/1v9chBq

India’s retail real estate demand improved in July-September: CBRE

The report said scarcity of high quality shopping centres remains the key barrier in India’s real estate space especially in tier II locations.



from Real Estate-Wealth-The Economic Times http://ift.tt/1xxGaty

Monday, 24 November 2014

Real estate portal Housing.com ties up with Tata Value Homes to sell affordable apartments

According to a study conducted by Google, conducted by Google, 72% of customers research online before booking a house.



from Real Estate-Wealth-The Economic Times http://ift.tt/1phDPoA

Draw for 25,000 DDA flats today, watch it live online

The process is expected to take about one-and-a-half hours. The suspense for all the 10,08,700 applicants for the 25,034 flats is likely to be over.



from Real Estate-Wealth-The Economic Times http://ift.tt/1C8wlKv

Interest subvention scheme for housing sector soon: Venkaiah Naidu

“We have taken the views of various stakeholders, including real estate sector. Then we will go to the Cabinet shortly."



from Real Estate-Wealth-The Economic Times http://ift.tt/15ht4Kt

Tata Value Homes ties up with realty portal Housing.com to sell flats online

The partnership will allow customers of Tata Value Homes to use Housing.com's 3D rendering platform 'Slice View' to check properties offered by former



from Real Estate-Wealth-The Economic Times http://ift.tt/1v3AAkc

Much-awaited DDA housing scheme draw to be held on Tuesday

The housing scheme, which offered over 25,000 flats across various categories, ranging in price from Rs 7 lakh to Rs 1.2 crore, closed on October 15.



from Real Estate-Wealth-The Economic Times http://ift.tt/1v3Axoy

Motilal Oswal real estate fund sells stake in two projects

The real estate fund has exited three of its seven investments to make around 77% of the Rs 200 crore it invested since 2008.



from Real Estate-Wealth-The Economic Times http://ift.tt/1vF7hHt

Government plans interest subsidy for low-income housing loans: Venkaiah Naidu

The government plans to offer interest subsidy on housing loans to help poor section buy homes and boost real estate demand.



from Real Estate-Wealth-The Economic Times http://ift.tt/11OnzAk

Real Estate Bill won't 'strangulate private investment': Venkaiah Naidu

Real Estate (Regulation and Development) Bill, 2013, is expected to come up for consideration in Rajya Sabha during the Winter session of Parliament.



from Real Estate-Wealth-The Economic Times http://ift.tt/1peKKyZ

Circle rates: Circumventing market logic

The concept of govt having to estimate market values is itself unique only to a few emerging economies where people are loath to reporting true market values.



from Real Estate-Wealth-The Economic Times http://ift.tt/1xrq8RY

Sunday, 23 November 2014

Commercial realty business surges as companies line up expansion plans

Office space absorption is a key indicator of the health of an economy and improving absorption is a precursor to rising demand for housing.



from Real Estate-Wealth-The Economic Times http://ift.tt/1xST8HC

Who’s to blame for rise in realty prices?

It is true that some unscrupulous developers intentionally undertake a slower pace of construction if sales in their projects are sluggish.



from Real Estate-Wealth-The Economic Times http://ift.tt/1FhXnvm

Saturday, 22 November 2014

Supertech raises Rs 275 crore from Indiabulls Housing Finance

In August, Supertech announced that it had raised Rs 400 crore from PE firm Xander to finance its upcoming township and housing projects in Gurgaon.



from Real Estate-Wealth-The Economic Times http://ift.tt/156f5a1

Indiabulls arm highest bidder for Voltas land

The realty developer's bid of Rs 236 crore is the highest amount being paid on per acre basis for a land parcel in Thane.



from Real Estate-Wealth-The Economic Times http://ift.tt/1uPFscL

Friday, 21 November 2014

Home buyers prefer wellness features in projects

Tata Housing MD & CEO Brotin Banerjee said: "The survey has resulted in some startling revelations about the consumer's preference for wellness during the buying process.



from Real Estate-Wealth-The Economic Times http://ift.tt/1At5G9r

Thursday, 20 November 2014

Motilal Oswal realty arm raises Rs 440 crore

Motilal Oswal Real Estate, an arm of Motilal Oswal Private Equity, has raised Rs 440 crore through its second property fund after exercising greenshoe option.



from Real Estate-Wealth-The Economic Times http://ift.tt/1Ap7u3c