August 29, 2008 – 2:19 am
As India continues its scorching pace of economic growth, many sectors that were not historically favoured by the government are gaining prominence. One such sector is real estate, which has a large employment generation potential and is a significant source of tax revenue. Additionally, this sector has attracted a large amount of foreign investment in [...]
By Rajani
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Posted in Real Estate News
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Also tagged Ambiguities, Complexities, Construction Activities, Contract Sales, Economic Growth., Employment Generation, Expanding Service, Foreign Investment, Immovable property, Indirect Tax, Indirect Taxes, K Raheja, Latest Addition, Prominence, Real Estate Sector, Residential Apartment, Sales Tax, Tax Act, Tax Authorities
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Leading realty developer Ansal Properties & Infrastructure Ltd said it will invest Rs 900 crore for developing a 250-acre engineering-based Special Economic Zone at Sonepat in Haryana.
It’s now quite evident that real estate companies are in for some difficult times. CRISIL not only foresees a delay in many planned and ongoing projects, it believes several players are over-leveraged and that the combination of sluggish demand and rising costs will lead to a shakeout. In particular, residential complexes, funded largely by customer [...]
By manish
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Posted in Real Estate News
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Also tagged Bookings, China, Chinese Rules, Developers., Land Banks, Mortgage Payments, projects, Realty, Realty Firm, Residential Property, Scrutiny
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Kochi will soon get international status with the upcoming of hi-tech city project worth five thousand crore rupees. The Bangalore-based Shobha Developers have signed up a MoU with the state government for setting up this hi-tech city. Sobha Hi-Tech City will be an incorporated city with focal point on research and development, knowledge dissemination, information [...]
By manish
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Posted in Real Estate News
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Also tagged Commercial Space, Hospitality, information technology, Knowledge Dissemination, Knowledge Park, Kochi, Leisure Projects, Mou, Research And Development, Shobha Developers, State Government
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February 20, 2008 – 1:28 am
India is internationally recognized as a booming economy, making it a favored real estate investment destination for both commercial and residential properties. Still, there is always the confusion of whether to invest in an recognized area or in potentially more money-making area.
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