Property News from IndianRealtyNews

Property News from IndianRealtyNews

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Minor Recovery Observed in Office Segment

Posted: 09 Jul 2010 10:42 PM PDT

Slowdown-hit office segment now clearly seems to have found its feet and confidence again. The demand levels in the second quarter have improved across most major cities resulting in improved transaction in the commercial real estate segment, notes a report by CB Richard Ellis, an international real estate consultancy firm. Cushman & Wakefield research estimates [...]

Hike in Service Tax to Have Minimal Affect on Residential Demand

Posted: 09 Jul 2010 10:16 PM PDT

The recent imposition of service tax on residential properties will have only a minimal impact on the demand for residential properties in the real estate sector as most buyers in the market are end-users than investors. This service tax of 10.3 per cent on 25 per cent of the home value, which will translate into [...]

Confident Bangalore Real Estate Developers coming up with New Projects

Posted: 09 Jul 2010 08:17 AM PDT

Rising purchasing power and higher wages in the information technology (IT) sector is making real estate firms in Bangalore confident of launching new projects after a lull in the past few years, according to a DNA, Bangalore report. The city developers — Sobha Developers, Puravankara and the Brigade Group — which had not launched [...]

SVP Group and Ashiana Homes Come up with Luxury Villas in Ghaziabad

Posted: 09 Jul 2010 08:11 AM PDT

Continuing to build on the success of their projects, leading real estate developers, SVP Group and Ashiana Homes Pvt Ltd., have come together to offer Villa Anandam on NH-58, in Ghaziabad. The Rs 150 crore luxury living project will be spread over 12 acres. The project offers 198 luxury villas. 'Villa Anandam' boasts of excellent [...]

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