Property News from IndianRealtyNews

Property News from IndianRealtyNews

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NAREDCO to Review Impact of Service Tax on housing Sector

Posted: 05 Mar 2010 09:45 PM PST

Realtors body NAREDCO said it will hold a meeting of its members to assess the negative impact of imposition of service tax on housing complexes under construction. “We will call a meeting of the association to discuss the Budget proposals, particularly the levying of service tax on housing which will have a negative impact on [...]

Realty Prices to Increase from July

Posted: 05 Mar 2010 09:43 PM PST

If you are planning to buy a house, grab it before July, as realty prices are set to increase later. The service tax of 3.3%, announced in the Budget, will be effective on your home from July as the amendments to the Finance Bill will be put into effect in June. Moreover, banks have decided [...]

India Infoline Advises to Buy Indiabulls Real Estate for target of Rs 185

Posted: 05 Mar 2010 09:43 PM PST

India Infoline has advised high-risk traders to buy Indiabulls Real Estate for target of Rs 185. "Indiabulls Real Estate is pointing to continued strength in the weeks to come as it has broken a downward-sloping trend line since early-January 2010. A detailed study of the daily chart shows that the stock has corrected from the [...]

Realty Companies Joining Hands with Land Owners to cut Expenses

Posted: 04 Mar 2010 09:45 PM PST

Sky high land prices, unclear titles and a clear need to conserve cash are forcing some real estate companies to do joint development deals with landowners rather than splurge money in buying and holding land at expensive rates. Bangalore-based developers, such as Nitesh Estates, Prestige, Puravankara, Brigade and Mumbai-based Godrej Properties are adopting this route [...]

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