After gold is real estate the next asset class?

MUMBAI: Time has changed drastically and so is the preference of the investors. Earlier the investors used to think of equity market as the safest bet but with the changing times they have shifted their focus to other safer assets like gold and the real estate sector. Over last few days gold prices have fallen almost 20%, which has definitely...

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Buy Cheaper Flats in Resale

Over the past few years there were predictions that the property rates in Delhi-NCR will slash down offering the buyers a much needed relief. But despite all these speculations nothing came to the rescue of the buyers till now. In this scenario what should a buyer do? Wait for the prices to slash down or take the risk at the glossy schemes...

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Helipad coming soon at Greater Noida

NOIDA: In its tenure Mayawati government proposed an international airport at Jewar to improve the air-connectivity of the region. Taking this legacy forward the opposition party and the present CM of Uttar Pradesh Akhilesh Yadav has decided to launch the heliport project in Greater Noida. This will be first of its kind project for which land from...

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7 parking lots to come up in congested areas

NOIDA: Several attempts were made by the authority to curb the growing unauthorized parking all across the city, but everything went into vain. Finally to solve this problem Noida Authority has decided to provide some designated spots for parking at some of the most congested junction of the city. They have also invited bids for the construction...

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Budget 2013 – No proposal to benefit Real Estate

Yesterday was a big day as Finance Minister P.Chidambaram presented the much awaited Union Budget 2013-14 in the Parliament. As everyone was speculating, for some the budget brought cheer but for others there was nothing much in it. If we talk specifically of real estate then too there was disappointment from the budget (except the tax exemption on home loans). Finance Minister did not propose any beneficial proposal for the real estate sector. Moreover the buyers were disappointed with FM for implementing tax deduction at source on transfer...

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Yamuna Expressway - The expressway to the future

Courtesy: Buddha Circ...

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Budget 2013: Include land, building cost in capital expenditure, suggests NAREDCO

NEW DELHI: The countdown for the Union Budget 2013 has finally begun. This time NAREDCO (National Real Estate Development Council) has asked for special provisions (like inclusion of cost of land and building construction in the capital expenditure in Budget 2013) from the Finance Minister P.Chidambaram. According to NAREDCO – “section...

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