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  • WORLI OFFICE SPACE FIFTH MOST-EXPENSIVE

    If business is buzzing, can office rentals in India be far behind? Mumbai’s Central Worli district has been ranked as the fifth most expensive office location in the world in this year’s edition of Office Space Across the World, a global report on occupancy costs released by Cushman & Wakefield on Wednesday. The report shows ...
    Posted to Ramprasad Padhi (Weblog) by 23609 on February 17, 2007
  • 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 in line, and a few have already been arrested. All of them were booked under section 188 of ...
    Posted to Ramprasad Padhi (Weblog) by 23609 on January 16, 2007
  • 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 a proposal to give tax relief on income from rent, from 30 percent to 50 ...
    Posted to Ramprasad Padhi (Weblog) by 23609 on January 7, 2007