Property News from IndianRealtyNews

Property News from IndianRealtyNews

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Real Estate the Most Preferred Investment Avenue in Non- Metros

Posted: 16 Mar 2011 11:09 PM PDT

Real estate has emerged as the most preferred investment avenue for working professionals in non-metro centres vis-à-vis bullion and stock market. Realty has topped the preference chart as it is considered a safer investment option compared to other instruments and the booming real estate sector in Tier-II towns of the country. Almost 60 per cent [...]

Developers Express Concern over Budgetary Proposal to Impose MAT and DAT on SEZs

Posted: 16 Mar 2011 10:36 PM PDT

Leading developers of special economic zones (SEZ) from across the country, including ONGC, Reliance, DLF, Mahindra World City and Unitech, have expressed concern over the Budgetary proposal to impose Minimum Alternate Tax (MAT) and Dividend Distribution Tax (DDT) on SEZs. They have urged the Government to reconsider the proposal. MAT is a levy on book [...]

RBI to Continue with its Rate Tightening Policy

Posted: 16 Mar 2011 09:07 PM PDT

The Reserve Bank of India is expected to continue its rate tightening cycle and raise policy rates by a quarter percentage point on Thursday, for the eighth time in about a year, to tame inflation amid strong growth momentum. Besides supply bottlenecks and the prospect that global oil prices could remain high, concerns over robust [...]

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