Archive for September 8th, 2007
HUDA Eyes 11,060 Cr From Land Sale
Saturday, September 8th, 2007The Hyderabad Urban Development Authority (Huda) is hoping to generate a total revenue of Rs 11,060 crore this month through auction of land and house plots in the city.
A prime land of 82.50 acres at Miyapur and 263 plots located at different places in the city will go under the hammer.
Govt All Set To Bail Out Sanghi
Saturday, September 8th, 2007In a move to bail out Congress Rajya Sabha MP Girish Sanghi from the land controversy his group of company is embroiled in, the state government is likely to offer him a conditional amnesty by which he would surrender the government land in his possession.
Over 70% Middle-class Families Own Homes
Saturday, September 8th, 2007The Indian middle class is prospering with around 70 million households earning anywhere between Rs 80,000 and Rs 18 lakh per annum. These comprise 34 per cent of the slightly over 200 million middle class households.
After 3 Years, Home Loan Rates Head South
Saturday, September 8th, 2007Here’s some good news for all those people who dream of buying their own house but have been deterred from doing so by soaring interest rates. Home loan rates are finally showing a downward trend after nearly three years, thanks to banks suddenly finding themselves flush with funds.
GRT Hotels Set To Enter Coimbatore And Hyderabad
Saturday, September 8th, 2007The city based star hotel chain, GRT Hotels and Resorts, is awaiting building sanctions for its Coimbatore and Hyderabad projects.
Know About “Agreement To Sell”
Saturday, September 8th, 2007Ashish Gupta outlines what an agreement to sell is and its contents.
A sale deed is a written document executed by a buyer and seller,which gives details of ownership of the property, history of its transfer, how the seller acquired it, the sale consideration, advance amount received, declaration by the seller that the property is free […]
Vacant Land Tax - Fresh Burden??
Saturday, September 8th, 2007The levy of vacant land tax will have a direct impact on the cost of land as rateable value of property will increase substantially, say Prasad Sathyen and Shilpa Sachdev.
The Urban Development ministry proposes to levy vacant land tax, once the Urban Land Ceiling Act is repealed.