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Property News from IndianRealtyNews

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Mumbai Developers Join Hand to build 500,000 affordable houses

Posted: 07 Apr 2010 10:45 PM PDT

Real estate developers in Mumbai propose to join hands to construct 500,000 affordable houses for middle and lower income groups in partnership with the Maharashtra government in the next five years in the fast-growing Mumbai Metropolitan Region (MMR). The MMR region comprises Mumbai and the adjoining cities and towns such as Thane, Dombivli, Kalyan, Vasai, [...]

Indiabulls to come up with Luxurious Residential Projects in Mumbai

Posted: 07 Apr 2010 09:40 PM PDT

Indiabulls Real Estate (IREL) has come up with new residential projects in south central Mumbai - Indiabulls Sky, Indiabulls Sky Suites and Indiabulls Sky Forest. The company has planned to provide luxury experience to customers. The projects will meet the highest international standards with amenities within the building. Each of the three towers has a [...]

Commercial Property on an Upswing

Posted: 07 Apr 2010 09:38 PM PDT

The commercial property is finally on an upswing. The spell cast by the global meltdown in 2008-09 is finally wearing off, as both office and retail space are back in demand. However, most of the development in 2010 is expected to happen in tier-I cities of NCR, Mumbai, Bangalore and Chennai, thanks to a new [...]

Vision India Real Estate Plans Affordable Housing in Chennai

Posted: 07 Apr 2010 08:43 PM PDT

Vision India Real Estate will make an investment of $100 to 200 million in the Chennai market over the next two years. According to Ilan Elad, Executive Director of the company, the focus will primarily be on the Rs.13 lakh to 27 lakh affordable housing segment. Insisting that India has a compelling growth story for [...]

Tax Official Looking To Collect Service Tax from Real Estate Companies

Posted: 06 Apr 2010 10:22 PM PDT

The Budget proposal to levy service tax on real estate sector may have upset home buyers, but it has given a reason good enough for the tax officials to investigate and collect chargeable service taxes from the real estate companies that have not been paying the exchequer. The service tax commissionerate, service tax arm of the [...]

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