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Bombay High Court rules in favour of Wadias in legal dispute with GL Raheja Group

MUMBAI: The Bombay High Court on Wednesday ruled in favour of the Wadia Group in a high-profile legal dispute with the GL Raheja Group , a decision which could have a significant fallout for Mumbai.....

Court asks environment ministry to consider Lavasa partial construction

MUMBAI: A court on Thursday asked the environment ministry to consider allowing Hindustan Construction's Lavasa unit to resume construction activity partially. The ministry has asked Lavas.....

Has DDA got the VAT treatment correct?

“It’s the VAT, stupid!” my mother told me when she found me holding the Delhi Development Authority (DDA) Housing Scheme 2010 brochure and laughing. I was just not able to com.....

Property mkt back at pre-meltdown peak

Indian property market was hit by the global financial crisis in 2007 leading to realty prices tumbling by about 25-30% across the board as buyers stayed away. The worst hit were investors in b.....

Look beyond residential investment options

Everytime, I speak to an average property investor looking for investment opportunities, nine out of 10 chances are that he or she is in the market looking for residential options. Either it is a s.....

Your property tax bill set to be steeper this year

MUMBAI: The rise in the stamp duty ready reckoner rates combined with afew BMC proposals that are likely to be implemented this year is set to push up your property tax burden. The direct impac.....

Seven-year windfall for flat owners

Buying a house in the city may be a distant dream for most Mumbaikars but even this “out-ofreach ” situation has a silver lining. Those who had booked their flats a few years ago are no.....

Lanco bags Rs4,100 cr order to execute power project

New Delhi: Infrastructure firm Lanco Infratech on Tuesday said it has bagged a Rs4,100 crore order from an arm of Moser Baer Projects to execute a 1200-MW power project. Lanco bagged the order .....

Affordable housing need of the hour

There has been a flurry of launches in the premium category in recent months. However, the pace is likely to slacken in the near future, indicates a Mint Money-Makaan.com survey. A joint report.....

Consistent earnings growth key to realty stocks recovering

The beginning of fiscal 2011 saw improved sentiment towards them, but recent investigation of bribes related to loans given by public sector banks and financial institutions to realty firms led to .....

Office space absorption to rise by 24% in 2010

New Delhi: The absorption of office space is estimated to rise by 24% to 32.65 million sq ft during 2010 in the eight major cities as corporates are on an expansion spree, according to property con.....

Living space = area advertised - 30%

After six month of house hunting, when Ashwij Patil, an entrepreneur, found a 1,000 sq. ft apartment in Thane, a distant suburb in Mumbai, worth about Rs42 lakh, his search was over. Though a tad o.....

Real estate: When buying another home makes sense

Should you invest in a second house? Real estate experts and personal finance consultants believe it’s a lucrative investment. “It is a good time to buy a second home because a lot of r.....

Query corner: Real estate

Dhiraj Jain, Partner-Real Estate, SN Gupta & Company REVOCATION OF POWER OF ATTORNEY My father gave the power of attorney (PoA) to my brother for a piece of land in Bangalore in 1983. M.....

Make bank your property agent if you want to buy a house

Finding it difficult to locate a house to buy? Step into your bank and staff there will be only too eager to help you. Banks these days are offering free home-search services to potential buyers to.....

ET Spcl: Urban planning for better cities

The Indian real estate Industry is consolidating its position and strengthening its fundamentals as the economy get sets for traversing a high economic growth trajectory. It is estimated that by 20.....

ET Spcl: The way forward for new-age townships

With metro cities already bustling with over-population , the focus of real estate developers and urban planners has now shifted towards developing the satellite towns on the periphery of bigger ci.....

Poised for growth- NUHHP-2007

Invariably, India is a land of villages but at the same a lot has changed in the urban scenario of the country in the last five decades. While the increasing pace of urbanization has played a cruci.....

ET Spcl: Envisioning an affordable dream

The global recession brought with it a ray of hope for all those who could not afford a house thanks to the ever-growing prices in the realty sector. The focus on affordable housing- a dream that t.....

Consistent earnings growth key to realty stocks recovering

The beginning of fiscal 2011 saw improved sentiment towards them, but recent investigation of bribes related to loans given by public sector banks and financial institutions to realty firms led to .....
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By vayaM CS