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PROPERTY RESALE PROFIT
25-year-old earning ₹1L/month asked to take ₹92 lakh loan for parents’ property deal; family expects flat value to soar in 5 years; sparks debt trap concernsA 25-year-old earning ₹1 lakh a month has sparked debate online after revealing how his parents want him to become the primary borrower for...
Info Edge posts 13% growth in operating revenue; profit at Rs 317 croreInfo Edge, parent of Naukri, reported a 13% rise in operating revenue to Rs 819 crore for the quarter ended December 31, driven by growth i...
Data for India founder buys plot in Vasant Vihar for Rs 113 croreAkhil Wable of DataforIndia acquired a 1,280-square yard plot in Vasant Vihar for Rs 113 crore from Eleannt Enterprises, who had purchased ...
Gurgaon real estate advisor shares 5-step plan to turn lakhs into Rs 100 crore property wealth, that too in few years not decadesReal estate advisor Aishwarya Shri Kapoor emphasizes that building wealth in property requires discipline, strategic timing, and skillful n...
How to sell your house: Resellers are having a hard time finding buyers; how homeowners can improve the saleability of their propertyThough the primary realty market is booming, resellers are having a hard time finding buyers. Find out what you can do.
How removing indexation benefits for capital gains tax on property might impact the residential marketNon-resident Indian Ajay Kumar expressed concerns about the government's removal of indexation benefits on long-term capital gains tax for ...
Indian foreign investors top UAE realty marketIn an effort to attract more investments from Indians, the 13th edition of the International Property Show will be held from April 2-4 this...
NoBroker gets Rs 50 crore from S Korean companyThis is KTB's first investment in India after it evinced interest in investing in growth-stage startups here, from early 2016.
Indians invest $2 bn in Dubai real estate in H1 2015Indians invested nearly $2 billion in the Dubai's real estate during the first half of this year.
Commonfloor.com plans to launch IPO in 3-5 yearsThe company also expects to turn profitable in two years. "The online real estate segment is growing rapidly.
Congress moves PM Narendra Modi for re-probe into Mumbai Centaur Hotels saleIn the wake of CBI action in the sale of Udaipur's Laxmi Vilas Palace Hotel, Congress has asked Prime Minister Narendra Modi to direct the ...
Is it sensible to buy resale flats?The resale flats might be as good as new and can be obtained at a discount of no less than 10% of the price of a novel construction.
Mumbai residential property prices drop, market turns in buyers’ favourResidential property market in Mumbai is finally turning in buyers’ favor with increasing inventory levels and weakening prices.
Rising defaults by short-term realty investors add to developers’ woesShort-term investors have cornered half the newly built homes in Dwarka Expressway, Noida Expressway.
Tips to buy a resale propertyThe original sales deed and the Society share certificate are most important, since the transaction cannot proceed without them.
- Planning to buy a second home? Consider buying a hotel room and get rent too
The owner of condo hotel is entitled to 21 to 60 days of use of room in a year, & hotel management uses rest of the time to generate revenu...
- CM's quota allottees make a killing on flat resale
Close to 42% of such apartments were sold off later; and more than 1,000 flats, where allotment carried a five-year lock-in period, were so...
- Maharashtra cuts realty stamp duty concession to 1 year
Maharashtra finance minister Jayant Patil in his budget announced on Wednesday a reduction in the concession period for payment of stamp du...
- Orissa, Punjab, M'rashtra fiercely oppose selloff
The Nalco privatisation process is unlikely to resume in a hurry, brave efforts of the disinvestment ministry notwithstanding.
- Disinvestment policy draws flak at NDC meeting
The Centre's disinvestment policy on Saturday came in for sharp criticism from some states with BJP ally Biju Janata Dal in Orissa going so...