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Reduction in Property Tax On The Cards in Maharashtra

As the property graph continues to go down, the state government plans to reduce the property rates in the Ready Reckoner to reflect reality. The reduction might well be in the range of 10 to 30 percent of the rates for various areas in the existing Ready Read More...
Posted Saturday, March 21, 2009 3:58 PM by Ehsaan M.W | 3 Comments

Buyers In Pune Wait and Watch

Buyers in Pune have adopted a wait-and-watch policy in an anticipation of a steep fall in prices as builders scramble to prevent a further slide. Statistics with the stamp registration controller's office suggest that property deals slowed down from Read More...
Posted Saturday, March 21, 2009 3:12 PM by Ehsaan M.W | 2 Comments
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450 Projects Halted And 5, 000 Jobs Lost In Pune Realty Sector

Falling sales and severe cash crunch have halted the development of more than 450 real estate projects in Pune. This has resulted in loss of jobs of around 5,000 construction workers. A detailed survey undertaken by Promoters and Builders Association Read More...
Posted Friday, February 13, 2009 2:55 PM by Ehsaan M.W | 2 Comments
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DLF to Invest Rs.1000 Crores in Multiplex Business

Real estate giant DLF is likely to invest about Rs 1,250 crore on expanding its multiplex business, DT Cinema, by adding about 500 screens in the next four to five years. Currently, DLF is at a pre-operative stage with about seven screens. In another Read More...
Posted Thursday, September 18, 2008 3:35 PM by Farooq M | 0 Comments

CONSTRO 2007-Exhibition IN PUNE

Construction industry equipment manufacturers from Korea, China, Malaysia, Germany, Italy, Canada, Holland, Denmark and Dubai are expected to participate in Constro 2007, an exhibition of construction machinery, materials, methods and projects, to be Read More...
Posted Tuesday, October 23, 2007 12:55 PM by Farooq M | 1 Comments

Lemon Tree to build 1700 rooms across India

Full service business and leisure hotels chain Lemon Tree has ambitious expansion plans to build 1,700 hotel rooms in 12 major Indian cities over the next four years involving an investment of about Rs 1,000 crore. Patu Keswani, chairman and managing Read More...
Posted Friday, June 08, 2007 6:03 PM by Farooq M | 1 Comments
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Future Group, real-estate firm to invest Rs850 cr on Pune enclave.

Lack of space is forcing companies to build banks of commercial space and ride the retail boom in the country. New Delhi: Future Group, the parent company of India's largest listed retailer Pantaloon Retail (India) Ltd, and a local real-estate firm Read More...
Posted Friday, May 25, 2007 8:17 PM by Property Reporter | 5 Comments
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Land banks come under SEBI scanner, 7 crore land Evaluated for 44 Crores!

MUMBAI: In the surreal world of property valuations, this one perhaps takes the cake. A real estate company wanting to buy a piece of property roped in a reputed international consultant to do the valuation. The consultant, eager to oblige, submitted Read More...
Posted Friday, March 23, 2007 1:01 PM by Property Reporter | 0 Comments
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PMC general body talks property on its last day

Pune, March 14: Property dealings remained top on the agenda for the outgoing General Body members of the Pune Municipal Corporation on the last day of their term on Wednesday. Without any discussion, members approved proposals for allotting land reserved Read More...
Posted Monday, March 19, 2007 1:05 PM by Farooq M | 0 Comments
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