Property News from IndianRealtyNews |  |
- Positive Change in Commercial Office Space Sector
- CREDAI May Knock Court’s Door if Service Tax on Land is not Removed
- Govts Plan to buy Stake in RBI put on Backburner
- Falling Realty and Labor Costs Attract Indian BPOs to Expand Operations in US
| Positive Change in Commercial Office Space Sector Posted: 28 Mar 2010 10:11 PM PDT The demand-starved commercial office space market is slowly seeing positive signs, with several large and mid-sized US corporates firming up their plans to outsource their work to India for the first time. Major cities like Bangalore, Mumbai and Gurgaon have seen substantial business deals in the last few months and this has led to several [...] |
| CREDAI May Knock Court’s Door if Service Tax on Land is not Removed Posted: 28 Mar 2010 09:58 PM PDT The Confederation of Real Estate Developers' Associations of India (Credai) today said it would consider taking the government to court if its demand for excluding land cost from the proposed service tax on housing complexes under construction was not met. "There is an option of approaching the court and Credai will decide to go to [...] |
| Govts Plan to buy Stake in RBI put on Backburner Posted: 28 Mar 2010 09:04 PM PDT Three years after a Cabinet decision to buy out Reserve Bank of India's stake in National Housing Bank and Nabard and list them, the government has conceded to RBI's objections in this regard and put the plan on the backburner. In Budget 2010-11, the finance ministry has, therefore, dropped the allocation of almost Rs 1,900 [...] |
| Falling Realty and Labor Costs Attract Indian BPOs to Expand Operations in US Posted: 28 Mar 2010 08:05 PM PDT Indian back-office processing firms are planning to expand operations in the US following a fall in real estate prices and labour costs and a rise in anti-outsourcing sentiments there. The industry, which traditionally followed the offshoring model, is now looking to open facilities and hire locals in low-cost locations in the US. Their aim is [...] |
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