News
Will Cut In Circle Rates Help Gurgaon’s Property Markets?
The Haryana Government has reduced the circle rate of properties by 15% across all categories – a move that the government hopes will spur demand and bring buyers back to the Gurgaon property market. Haryana Cuts Property Circle Rates The last 2 years have been especially bad for Gurgaon’s real estate sector with homebuyers shying
Haryana’s Government Unsolved VAT Puzzle
Amit Gupta, a young professional from Gurgaon is one harassed home buyer and all his problems revolve around 3 simple letters – VAT or (Value-Added Tax). Thousands of home buyers across Haryana are sailing on the same boat, with the spat over payment of VAT becoming a matter of concern for home buyers and developers
Developer Report Card: NCR’s Earth Infrastructure
Delays, false promises and almost no regulatory mechanisms to control errant developers; that is the state of affairs in the National Capital Region’s (NCR) property markets. As a result there is massive buyer unrest in the region, with new protests against developer delays coming up almost every other week. Today, we highlight the case of
Mumbai Port Trust Land Worth Rs 75,000 Cr Faces Hurdles
Over 1,000 acres along Eastern Mumbai; that is the amount of land that the Mumbai Port Trust plans to throw open for development. From open spaces, to amenities to even affordable housing – a lot is possible here. But tenant issues and land acquisition problems may just derail the project. Mumbai Port Trust Land: A