Category Archives: Gurgaon

As monetary transactions done with respect to property deals involve a significant sum of one’s income, it becomes extremely necessary to be aware. Knowledge of the market price, market trend, etc., is extremely important. In today’s day and age of …

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The meaning of circle rate in real estate: The term ‘circle rate’ refers to the minimum value of a given piece of land parcel. The area of land for which a particular value is assigned is encircled by the administrative …

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Since 18 March this year, the Department of Town and Country Planning-Haryana has uploaded on its official website a draft for affordable housing policy 2013. To read the draft, visit: http://tcpharyana.gov.in/   The intention behind such a draft is to …

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As per a report by Cushman & Wakefield, a global real estate consultancy, India ranked 20th in the world real estate investment market with a total investment volume of approximately $3.4 billion in 2012.   The report also forecasts that …

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The new Energy Conservation Building (ECB) code is expected to be implemented from the first week of April.  As per the new code, all multi-storeyed apartments will be rated including commercial buildings, residential apartments, municipal buildings, industries, etc. The rating …

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With few launches, high property prices and a lot of unsold inventories, some builders have adopted a strategy of availing discounts and reducing the sizes of apartments on offer. A few examples of huge property sales in the recent past …

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As per amendments to Section 56 of the Income Tax Act, which were made by the Union Finance Minister P Chidambaram, if a property is undervalued at say, Rs 80 lakh while the Ready Reckoner (RR) property rate for the …

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In a meeting which took place on 13 March, the Municipal Corporation of Gurgaon decided to give rebate on property tax to owners of plots.   The percentage of rebate on property varies from the sizes of plots. For instance, …

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As reported in The Economic Times, Ansal Properties and Infrastructure (Ansal API), a reputed real estate developer recorded property sale of worth Rs. 2,361 Cr. in last 11 months. Although in terms of value incurred in the last fiscal property …

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Cities with some of the costliest addresses in India include Mumbai, Delhi and Kolkata. Localities that witness the highest property prices are Luytens Delhi, Altamount Road, Cuffe Parade and Malabar Hills in Mumbai and Alipore in South Kolkata.   Property …

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