Tag: ECB

Economy and Realty at Glance: In the Month of March 2012.

The report highlights the revised service tax and its impact on the consumers, the deduction in TDS and the current scenario of the External Commercial Borrowing (ECB) apart from its emphasis on the Chennai Realty Market. Following are the key takeaways of the report: – Chennai leads the market in terms of number of units […]

Rise in Indian House Prices gives relief to Affordable Units.

Developers were largely disappointed with the country’s budget for 2012.  They had hoped the budget would have included more incentives for the development of affordable housing. Still, several of the key budget items were aimed at stimulating capital for new residential projects. In the world, Housing prices in India are the highest, as per the […]

DLF plan could hit barrier

Plans by the promoters of top real estate company DLF to buy out hedge fund DE Shaw’s investment in family-owned DLF Assets (DAL) could hit a roadblock because of a little known rule in the country’s foreign exchange laws. Under a ‘put’ option signed between DE Shaw and three companies controlled by DLF-promoter KP Singh’s […]