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Real estate: Why RERDA should work as clearing house for all receipts, payments

Apr 16, 2015

Real estate: Why RERDA should work as clearing house for all receipts, payments

Since the RERDA performs some crucial book-keeping and funds management functions on behalf of the builders, it must be suitably rewarded for its efforts. #HowThisWorks #Stock exchange #Real estate #RERDA #Capital Gains Account Scheme 1988 #Clearing houses
Real Estate Bill is not fool proof; protects investors more than home buyers

Apr 08, 2015

Real Estate Bill is not fool proof; protects investors more than home buyers

What needed to be done was to make the Real Estate bill foolproof. For example, the Bill doesnt make any attempt to minimize the pernicious role of black money, rampant in real estate transactions, with even builders winking at offers of cash, secure in the knowledge that such cash would come handy in greasing palms and buying stones etc from quarry owners who have a strong dislike for the banking channel. #Black money #UPA #Modi government #Real Estate Bill
Real estate bill to clamp down on black money: Key facts to know

Apr 08, 2015

Real estate bill to clamp down on black money: Key facts to know

Paving the way for regulation of the real estate sector, the Union Cabinet on Tuesday approved amendments to the long-pending real estate bill to bring under its ambit commercial and all ongoing projects as also brokers, while safeguarding consumers. #Black money #Cabinet #brokers #builders #agents #Real Estate Bill
Real estate portal PropTiger.com acquires interactive tech firm OoBi

Apr 07, 2015

Real estate portal PropTiger.com acquires interactive tech firm OoBi

OoBI, co-founded by IIT-Bombay alumni Atish Patel and Kumar Ahir, offers interactive technology to showcase real estate projects. #Real estate #DealWatch #PropTiger.com #OoBi #digital interaction design #sale of projects
Power of e-commerce: DLF ties up with Snapdeal to sell flats online

Mar 10, 2015

Power of e-commerce: DLF ties up with Snapdeal to sell flats online

DLF is planning to monetise properties worth about Rs 15,000 crore under various projects to boost its cash flow and reduce debt #DLF #E-Commerce #Snapdeal #Real estate
Wealth report reveals India's ultra rich top the world in realty investment

Mar 10, 2015

Wealth report reveals India's ultra rich top the world in realty investment

The world's richest are lapping up properties in the world's most expensive cities, pushing up prices of luxury homes, so much so that $ 1 million ( roughly Rs 6 crore) will buy you only 1033 square feet of prime property in Mumbai. #Delhi #Mumbai #Dubai #Knight Frank #Real estate #Wealth Report
Budget 2015 low on big bang reforms;  there's not much for housing

Mar 01, 2015

Budget 2015 low on big bang reforms; there's not much for housing

The budget has not provided any additional relief via increased income tax deduction limit or on repayment of housing loans. The regime on these fronts, which was announced during the previous budget from eight months ago remains unchanged. This is a disappointment, since there were expectation that the Finance Minister would further increase either or both of these limits and thereby address the reality of high property prices in India. #Arun Jaitley #Wealth tax #Real estate #Union Budget 2015 #Budget2015 #Real Estate Budget 2015 #Transpareny