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January 2007 - Posts

Apartment For Rent/Lease in Powai
• 1,675 sq. ft., 3 bath, 3 bdrm apartment - MLS® Rs125,000 INR Monthly - Lavishly Furnished Powai , Mumbai - Centrally Located in Raheja Vihar, this premium apartment is designed to maximise living space. Luxurious interiors with the best of Read More...
Designer apartment at Raheja Vihar, Chandivali Road, Powai in Powai
Powai , Mumbai - Raheja Vihar, Chandivali Road, Powai, a 1,675 sq. ft., 3 bath, 3 bdrm apartment. MLS® Rs125,000 INR Monthly - Lavishly Furnished. Property information Read More...
Apartment For Rent/Lease in Powai
Best Lifestyle Apartments • 3 bath, 3 bdrm apartment - MLS® Rs50,000 INR Monthly - Semi Furnished @ 50,000/- Powai, Mumbai Suburban - The Best of city living is yours, far away from the daily clutter and traffic Situated off the main road, Lake Read More...
3 Bedroom on Lease Lake Pleasant, Lake Homes Complex, Near Hiranandani Complex, Powai in Powai
Powai, Mumbai Suburban - Announcing a rent/lease reduction on Lake Pleasant, Lake Homes Complex, Near Hiranandani Complex, Powai, a 3 bath, 3 bdrm apartment. Now MLS® Rs50,000 INR Monthly - Semi Furnished @ 50,000/-. Property information Read More...
Apartment For Sale in I.c.colony
Spacious n Elegant 2 Bedroom Home • 950 sq. ft., 2 bath, 2 bdrm apartment "Stilt + Seven Storeys" - MLS® #103103100 Rs4,200,000 INR - Great Price Bargain I.c.colony , Borivli - Centrally Located, on Holy Cross Road. Near Spencer Super Read More...
2 Bedroom Apartment for Sale at Poonam Residency 2, Holy Cross Road, Near Spencer Super Market, I.C.Colony, Borivli West in I.c.colony
I.c.colony , Borivli - Announcing a price reduction on Poonam Residency 2, Holy Cross Road, Near Spencer Super Market, I.C.Colony, Borivli West, a 950 sq. ft., 2 bath, 2 bdrm apartment "Stilt + Seven Storeys". Now MLS® #103103100 Rs4,200,000 Read More...
Apartment For Rent/Lease in Powai
Fully Furnished 2 Bedroom Apartemnt • 890 sq. ft., 2 bath, 2 bdrm apartment - MLS® #20245600 Rs36,000 INR Monthly - Value for money @ 36,000 Powai , Mumbai - Fully Furnished 2 Bedroom Hall Kitchen in one of the premium complex in Powai Modular Read More...
Fully Furnished : 2 Bedroom Apartment on Lease at Lake Homes, Nr Hiranandani Comples, Powai in Powai
Powai , Mumbai - Lake Homes, Nr Hiranandani Comples, Powai, a 890 sq. ft., 2 bath, 2 bdrm apartment. Fully Furnished, MLS® #20245600 Rs36,000 INR Monthly - Value for money @ 36,000. Property information Read More...
So what does your Realtor do for you ?
Traditionally the role of a broker or as the modern day avtaar known as realtor, was more an exercise of showing properties and making buyer and sellers to meet. Just about anyone cud become a broker as there are no entry barriers to the trade and all Read More...
How to manage Margin Money for your Dream Home ?
With salary levels zoomiing to statospherical levels, its no surprise that the salaried class is being wooed by HFC's for fancy home loan packages. And its been a complete circle. People can now afford to buy luxury homes due to this BigHome Loans Read More...
Home loan terms you must know
Taking a home loan? Don't get floored by the jargon. Here's a list of some of the terms used and what they mean . Down payment When you take a loan, the home loan company will, in most cases, not put up the entire amount. It will only put up around Read More...
No more Pre-Sanctioned Home Loans : What Next ?
Now, banks stop giving in-principle loan sanctions on central bank directive. Don’t be surprised if your neighbourhood banker suddenly starts asking more questions before sanctioning your housing loan. Following a Delhi High Court order, the Reserve Read More...
Home Loans breach the 10% Mark.. Where do we go from here ?
Floating interest rates have surged up by three percent and millions of housing loan customers has begun to pay a heavy price. A customer who was paying 7.25 percent for his floating home loans just over a year ago is today forking out as much as 10.25 Read More...
Shop Shop - Boom Boom
As the experts don't tire of telling us, the retail boom is here to stay. The sub-text to this statement is that organised retail is now moving further outward from the metros and bringing the Tier II and III cities too into the ambit of operations. Read More...
Reliance Retail on a Shopping Spree
Of the 52 plots that the Delhi Development Authority auctioned this week for a substantial Rs 1,696 crore, Reliance Retail—through a number of associate companies – has picked up at least 17 sites for nearly Rs 1,000 crore. According to a Read More...
Coca Cola : Gimme Red... at the Malls..
Advertising-weary young consumers are making even the biggest global brands realise the need to connect with their consumers outside the big, homogeneous marketing campaigns. Need proof? Coca-Cola India (CCI), in an attempt to enter, understand and perhaps Read More...
Realty Firms at IIM's
India’s premier colleges are going downmarket... No, actually, the creamy layer of India Inc is getting redefined. A buoyant economy is throwing up a slew of fast-growing sectors. As a result, IIMs are seeing the arrival of a new breed of recruiters Read More...
Industry Reaction to Morgan Stanley investment in city Realty Firm
Property developers and consultants have come up with mixed reactions to Morgan Stanley Real Estate announcing an investment of Rs 675 crore (around $152 million) in Oberoi Constructions, the biggest FDI in a real estate company in India till date. According Read More...
FDI in Realty : Morgan Stanley invests Rs 675cr in Mumbai firm
MUMBAI: In the single largest FDI in the country's booming real estate sector, Morgan Stanley has invested $152 million (Rs 675 crore) in a city-based firm, Oberoi Construction. The world's largest private equity realty fund, which manages $100 Read More...
Trendy 3 Bedroom Homes, facing the Lush Green National Park at Borivli East in Borivli
Borivli, Maharashtra - Announcing a price reduction on Off the Western Express Freeway, Near Thakur Complex, Borivli East, a 1,350 sq. ft., 3 bdrm apartment. Now MLS® #198023 Rs8,100,000 INR - Value for Money @ 5,500/-. Property information Read More...
Trouble for Landlords : Verification of tenants must or else face arrest
Not having your tenant verified with the local police can land you in jail. Tightening security ahead of Republic Day, Delhi Police on Monday went a step beyond issuing advisories. It booked 39 landlords — and some tenants — for not falling Read More...
Home loans fuel banks` asset-liability mismatch
Business Standard Shriya Bubna & Rajendra Palande / Mumbai January 16, 2007 The runaway growth in housing loans over the last few years has played a major part in worsening banks’ asset-liability maturity mismatch. The deterioration in the asset-liability Read More...
Municipal Elections in Mumbai and The infrastructure : How wud Real Estate be affected ?
All municipalities build drains and sewers. Many run crematoria, hospitals and primary schools too. But, globally, nowhere does a civic corporation also operate an intricate electricity supply system with 8,20,000 consumers, a fleet of 3,400 buses carrying Read More...
Stylish Homes in the Sky. Park your Ferrari on the18th Floor.
Villas in the Sky.... Plans Now Open.... • 4,500 sq. ft., 5 bath, 5 bdrm apartment - MLS® #1603030 Rs42,750,000 INR - Diamonds at Earthly Price Powai, Mumbai Suburban - Villas, you always have seen them on the earth. Now, at ‘Lake Superior’ Read More...
Villas in the Sky at Powai. Lifestyles Redifined with this state of the heart home.
Powai, Mumbai Suburban - Announcing The Launch of Premium Villas in the Sky, at Lake Homes, Off AdiShankarachrya Marg, Nr Hiranandani Gardens, Powai, a 4,500 sq. ft., 5 bath, 5 bdrm apartment. Now MLS® #1603030 Rs42,750,000 INR - Diamonds at Earthly Read More...
Mumbai : Booming Realty - But where is the Infrastructure to handle new Developments ?
Central Mumbai, undergoing change at fever pace and witnessing a real estate boom that’s seen prices shoot up by two or three times, has a single problem: Missing infrastructure. From Sangam Nagar’s slums in F North to the old chawls of Parel Read More...
DELHI HOUSE GOES FOR RS 100 CRORE : Where is the Realty Market heading to ??? UP UP UP... or ? a Big Bubble..
A single-storey house at 3 Tilak Marg has just been bought for Rs 100 crore, continuing the scorching pace of ultra-expensive real-estate deals in the coveted centre of the Capital. The acquisition was confirmed on Tuesday night by Abhay Oswal, managing Read More...
DELHI AND MUMBAI AMONG COSTLIEST ASIAN CBD SITES
Two Indian cities — Mumbai and Delhi — have emerged amongst the top 10 most expensive Asian CBD (central business district) office locations. In the Asia-Pacific region, Mumbai and Delhi rank fourth and eighth, respectively, according to a Read More...
LAND ACQUISITION MUST BE TRANSPARENT'
As the scorching pace of land acquisition for special economic zones or industrialisation purposes has made the jittery peasantry take to the streets, bolstered by the non-governmental organisations, the issue has been hijacked by political parties. It Read More...
Gujrat : MORE SEZS NEEDED, LOOK AT CHINA’S PROGRESS: MODI
SEZs are here to stay and they can’t be wished away. This was the chief minister Narendra Modi elaborating on his vision for Gujarat during his inaugural address at Ahmedabad Science City on Thursday. The occasion was the opening of the exhibition Read More...
FRESH SEZS AFTER LAND SURVEY
The government has decided not to approve any fresh proposals for special economic zones and also hold back clearances for SEZs facing problems over land acquisition. In a letter to state chief ministers earlier this week, commerce and industry minister Read More...
THREE SEZS, ONE AIRPORT TO COME UP IN MAHARASHTRA
Maharashtra Industrial Development Corporation (MIDC) on Thursday signed four agreements with Infrastructure Development Finance Company Ltd (IDFC) and Feedback Ventures for developing three Special Economic Zones and one airport in the State. Of the Read More...
BUILDERS MUST TELL ALL TO BUYER - A Step in the Right Direction
The next time you go on a property hunt, you can ask your real estate promoter whether the particular plot is capable of being loaded with additional FSI in the future. The promoter is legally bound to give you the answer. In a major relief to flat buyers Read More...
LANDS OF CONTENTION
The Prime Minister, Dr Manmohan Singh's promise to put in place a more humane policy towards those displaced from lands acquired for new industrial projects is timely. Land acquisition is increasingly becoming controversial with the conflict between Read More...
EVEN BIG BRANDS CAN`T PAY THE CURRENT RENTALS - HDFC Chairman Deepak Parekh
While foreign investors seem to be making a beeline for property in India, HDFC Chairman Deepak Parekh believes real estate is overpriced. He speaks on the dangers of having unreasonably high property prices, saying affordability is now being stretched. Read More...
High Risk Investments : Are you Game ?
In India, land legislations are not fool proof and many land deals are mired in title litigations. Land deals are best left to the builders who are well versed with the legalities. Also compounding the problem is the issue of land grabbing and adverse Read More...
Property Buying in India for NRI's
There has never been a better time for NRI's to buy realty in india, than now Not only have construction standards up the ante, bigger complexes and layouts today give the same ambience and lifestyle homes that most of the developed countries worldwide. Read More...
FOR REALTORS, THE ONLY WAY TO GO NOW IS UP
Bangalore, January 08, 2007 The Economic Times Call it the real estate ‘storey’ of India. Backward or forward integration may have been the hallmarks of different industry verticals here, but when it comes to real estate, ‘vertical’ Read More...
Govt plans on housing loan sops for urban poor
Economic Times, NEW DELHI: The Centre has planned a New Year bonanza for the urban poor. To ensure shelter for the marginalised in big cities, the housing ministry has finalised a scheme aiming to extend subsidy of 5% on market rate of interest on housing Read More...
Real Estate and the Stock Market - What's the correlation ?
The Telegraph : The volatility in the stock market is beginning to have some ruboff effect on the booming real estate business as well. Industry sources say real estate developers who had seen great amount of money flowing into the industry are now witnessing Read More...
Land ceiling Act stuck in election logjam
Economic Times : Mumbai. The abrogation of the Urban Land Ceiling (ULC) Act, the out-dated socialistic legislation, seems to be the first major casualty of the code of conduct that followed soon after the announcement of the municipal elections on Wednesday. Read More...
PROPERTY BOOM YIELDS HIGH RETURNS
Economic Times : NEW DELHI Rajan Sharma bought 4,000 square feet (372 square metres) of office space on the outskirts of India's capital, New Delhi, for Rs 2,900 ($65) a square foot in 2002 and hasn't stopped grinning since. Four years later, Read More...
US Univ keen on setting up varsity near Mumbai
Mumbai Mirror. A US university has shown interest in setting up an "American-style University" near Mumbai ahead of a move by the government to allow the entry of foreign varsities to the country. A team from the Washington-based American University Read More...
Are Fixed Rate Home Loans really Fixed ?
DNA - Vivek Kaul Wednesday, January 03, 2007 Home loan interest rates have been on their way up for some time now. Individuals who had taken a floating rate home loan have seen their interest rates increasing. In some cases, the floating interest rate Read More...
HDFC HIKES INTEREST RATES BY 50BPS AS CRR EFFECT KICKS IN
HDFC, the country’s largest housing finance company has raised interest rates on loans by 50 basis points, the third hike during the current financial year. HDFC has, however, left fixed rates unchanged at 11 percent. Floating rate loans have gone Read More...
CHIDAMBARAM INDICATES SOFTER TAX RATES
CHIDAMBARAM INDICATES SOFTER TAX RATES New Delhi The Economic Times Busy preparing the union budget 2007-08, Finance Minister P Chidambaram Thursday indicated moderation in tax rates next fiscal following improvement in tax collection. In a wide-ranging Read More...
Real Estate Boom : Is it here to stay or bust?
One of the most important reasons for the growth in the real estate sector is the expansion of well-organised townships to tier I and tier II cities. Rising cost of land in urban metros, lack of adequate infrastructure support to back further growth of Read More...
Lease your Property and Get Tax Breaks.
The goverment is considering TAX SOPS for people to rent out vacant property. Excerpts from Times of India : GREAT EXPECTATIONS Padma Ramakrishnan The Times of India (Mumbai edition) It will be a step in the right direction. The government is studying Read More...