Property News from IndianRealtyNews

Property News from IndianRealtyNews

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SEBI Panning New set of Rules for Alternative Investment

Posted: 29 Jul 2011 07:53 PM PDT

Entities promising hefty returns to gullible investors from ‘offbeat’ avenues like art, antiques and real estate may soon come under the scanner of Sebi, which is framing a new set of rules for ‘alternative investments’. These alternative or offbeat investments are generally offered by wealth or portfolio managers in schemes focused on real estate, art [...]

Property in NCR may Get Dearer

Posted: 29 Jul 2011 07:22 PM PDT

NCR real estate may get costlierThe draft Land Acquisition and Resettlement and Rehabilitation Bill, 2011 will have a direct impact on real estate prices in Delhi and neighbouring Gurgaon, Faridabad and Noida — if it becomes law. The bill’s proposals that no irrigated and multi-crop land can be acquired and compensation must be much higher [...]

Rise in lending rate leads to low value property deals

Posted: 29 Jul 2011 05:55 PM PDT

The third hike in repo rates by the Reserve Bank of India since May this year is driving buyers to go for properties with lower price tag. As per figures compiled by the office of the inspector-general of registrations (IGR), 1,98,206 property registration documents were processed in April 2011 which earned the state a revenue [...]

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