Property Matters
« Previous EntriesMaytas Properties To Close 4 Divisions
Tuesday, January 27th, 2009With cash flows threatening to dry up and debt hard to get, Maytas Propertiesâ ambitions to be among the top five realty companies in India on âfast trackâ are coming crashing.
Wakf Land Unlikely For Electronics City
Thursday, October 23rd, 2008The Andhra Pradesh State Wakf Board is having second thoughts on giving land to the proposed Electronics City at Alur in Ranga Reddy district.
Banjara & Jubilee Hills Losing Their ‘Elite’ Status
Monday, September 22nd, 2008Paradise lost: It was time that disparity between the Hills residents and others is removed
Itâs a place where the rich and the powerful live. For decades, living in the posh Banjara Hills and Jubilee Hills was at once a status symbol and mark of envy for rest of the citizens with huge houses and lush […]
‘Nano Homes’ Next??
Sunday, August 24th, 2008While almost everybody knows about Tataâs Nano, which has become synonymous with the âsmall car,â many may not know about a ânano houseâ. What is this new concept in housing segment? Let us study this subject.
Interest Rate Spiral Sends Spinal Chills
Sunday, August 24th, 2008When N. Radha availed herself of a home loan for Rs.10 lakh three years ago, the floating interest rate was around 8.25 per cent for a 15-year tenure. And she perhaps, could not have imagined that in a matter of years, the equated monthly instalment (EMI) would shoot up from her estimated Rs. 8, 000 […]
Vizagâs Beauty Spot May Disappear Soon
Sunday, August 24th, 2008The pristine beauty of the Yarada Hills overlooking the Bay of Bengal has inspired great poets including Rachakonda Viswanadha Sastry, Arudra and Sri Sri. Film directors have also chosen this locale to picture duets since the hills form a perfect backdrop for young lovers to sing and dance. But if authorities have their way, all […]
CM Halts Land Acquisition
Friday, August 22nd, 2008The Chief Minister, Dr Y.S. Rajasekhar Reddy, on Tuesday directed officials not to acquire land for infrastructure projects unless there was dire need to do so.
Liberalised Norms For NRI Investors
Sunday, August 10th, 2008Here are some important FAQs for Non-Resident Indians seeking to invest in real estate in India.
The government has liberalised investment norms for NRIs to invest in real estate in India. At the same time there is a need of adhering to ground realities before plunging into investment.We provide some of the frequently answered questions answered […]
Constant Revision Of Market Values Further Hurting Real Estate
Sunday, August 10th, 2008Constant revision of market values will fill the Department of Registrations and Stampsâ coffers, but what about the realty sector? ponders M. Sai Gopal.
Doâs And Donâts In Dealings
Sunday, August 10th, 2008The city police prepared a checklist for the prospective buyers of land/plots as a preventive measure, says K. Srinivas Reddy.
Over the last three weeks, we have examined different modus operandi employed by unscrupulous agents to cheat the gullible in sale of plots or apartments.
Demand For One-bedroom Dwellings Soaring
Sunday, August 10th, 2008Youngsters in the city are heading for one bed-roomed condominiums of late. Owing to budgetary constraints, they are increasingly seeking one-bedroom accommodation that is a more viable option than staying in a two-bedroom condo or hostel or as a paying guest (PG). As a result, smaller real estate dealers in the city are slowly waking […]
Market Value Of Land To Rise
Thursday, July 24th, 2008The basic market value of land in the urban areas, including those falling in Greater Hyderabad Municipal Corporation limits, is likely to be increased by 8 to 10 per cent from August 1.
List Of Apartment Communities In Hyderabad
Saturday, July 19th, 2008Hyderabad has been witnessing the rapid development of many apartment communitities - small standalone upto luxury gated communities.
Reasonably sized apartments in gated communities are costing anywhere between 45Lakhs to 1.8 Cr. Some ultra luxury apartments (so called) have been priced upto 3 Cr as well.
BPS: Court Order Awaited
Friday, July 18th, 2008Property owners who have submitted applications under the Building Penalisation Scheme will have to wait for some time for their buildings to be regularised.
Real Estate: Hot Deals, ‘FLAT’ Offers
Sunday, July 13th, 2008Developers have found a new way to beat slowing demand. They reduce the basic selling price but load a host of other charges later. Buyers need to read the fineprint before signing any deal, says E Jayashree Kurup.
Is This A Good Time To Buy Property?
Sunday, July 13th, 2008Costs of construction and finance are increasing. But if you are looking for a home for yourself, it still makes sense to buy now, writes Mythili G Nirvan.
GHMC Increases Town Planning Charges And Others Fees
Sunday, July 13th, 2008Various town planning charges and other fees have been hiked by GHMC from July 1, informs V. Geetanath. Itâs not just land rates, bigger constructions have just become more expensive in twin cities with the Greater Hyderabad Municipal Corporation (GHMC) increasing various town planning charges and others fees from first of July.
Wakf Lands Under Encroachment
Thursday, July 10th, 2008Over 80,000 acres of Wakf properties, including land, are under encroachment at various places in Andhra Pradesh. Ironically, even the State government has allegedly encroached some of them and is fighting cases claiming ownership along with several other private individuals in the Andhra Pradesh High Court.
It Makes Sense To Buy Sooner Than Later
Saturday, July 5th, 2008Vikas Agarwal explains why, going by the current market conditions, it makes sense to buy a house for self occupancy, as soon as possible.
Real Estate Transactions Reel Under Inflation
Saturday, July 5th, 2008The pace of registration of lands and buildings, which reflects the market sentiment of real estate, has been stagnant in Hyderabad and other major cities in the State.
Your Dream House Has Become A Bit Pricey
Friday, July 4th, 2008The dream house that you have been yearning to buy has become a bit more difficult to get than before. Or, even if you are already paying for one, it just got costlier to service the loan. The reason? The recent hike in interest rates has affected the borrowing ability of the salaried class apart […]
PBEL To Build Business Park At Shamshabad
Sunday, June 29th, 2008Anticipating demand for space for logistics companies around the Rajiv Gandhi International Airport here, PBEL Property Development (India), owned by Israeli companies IDB and ELCO Holdings, is planning to build a business park at Shamshabad at an estimated outlay of Rs 1,400 crore.
Registration Charges To Be Increased
Saturday, June 28th, 2008Market values of properties such as lands and buildings in towns and cities in the State will be revised upward by 5 to 10 per cent from August 1 for registration purpose.
Tough To Buy A House, Tougher To Rent One
Friday, June 27th, 2008Realty prices might be showing signs of easing, yet itâs tough to buy a house. Prices are still high and loans are getting expensive. And if you thought renting a property is an option, well, itâs getting dearer too.
How To Choose An Ethical Property Broker?
Saturday, June 21st, 2008Namrata Kohli breaks the code on how to identify a qualified and an ethical broker when you are on your dream home search…
With no licensing authority or educational qualifications required for being a property broker in India, it has become a free-forall industry, with investors, housewives, retired persons and individuals dabbling in property transactions. […]
GO To Regularise Land Encroached By The Poor
Friday, June 20th, 2008In a move that would benefit thousands of poor people of the state, the Y S Rajasekhara Reddy government on Wednesday decided to regularise land encroached upon by third parties free of cost provided they produce relevant documents. The regularisation would also be allowed only if it has taken place before the Urban Land Ceiling […]
HUDA To Monitor Projects Online
Thursday, June 19th, 2008The HUDA is computerising its business processes in various wings for internal online access and tracking file movement.
How Much Will A Bank Lend You?
Saturday, June 14th, 2008Ashish Gupta explains how banks arrive at the home loan amount an applicant is eligible for. Credit appraisal is an important step in determining the eligibility of a home loan borrower for a loan.
Property Good For Long Term Investors
Saturday, June 14th, 2008As the stock markets turn volatile, property looms large as a sound long-term investment option, says Srikala Bhashyam.
Over the last few months, there have been interesting developments on the economy front, which have changed the outlook for different investment options. Equity markets, for instance, have turned more volatile than earlier, and gold has turned a […]
Builders Fear âPro-Poorâ Order Is Unviable Building Block
Saturday, June 14th, 2008The state governmentâs decision to allot 25 per cent of space in layouts for economically weaker sections and lower and middle income groups has stirred up controversy.
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