Indo Gulf Properties

12/09/2012

Because of high crude oil imports as the government continues to dither in passing on high prices to customers causing ruppee to fall by another 4%.

http://economictimes.indiatimes.com/markets/forex/rupee-may-fall-by-another-4-as-forex-loan-paybacks-loom/articleshow/16358821.cms

Relative calm in currency mkt may be disturbed as corporate demand to repay about $8 bn of maturing loans put pressure on Re.

12/09/2012

“The government is keen to expedite development works in unauthorised colonies and take the regularisation process to its logical conclusion at the earliest,” Chief Minister Sheila Diksh*t

http://www.financialexpress.com/news/regularisation-of-unauthorised-colonies-arvinder-singh-lovely-to-head-task-force/1001262/

Financial express latest business and finance news: Regularisation of unauthorised colonies: Arvinder Singh Lovely to head task force

12/09/2012

All major real estate markets have witnessed an over 10% increase in property prices over the last quarter.

http://www.indianrealtynews.com/real-estate-india/real-estate-markets-witness-over-10-increase-in-property-prices-post-q1.html

BANGALORE: All major real estate markets have witnessed an over 10% increase in property prices over the last quarter. This, coupled with stiff interest rates and bleak growth, is increasingly ...

09/09/2012

Housing projects in Gujarat may become costlier by 10-15 per cent if rising input costs of material and labour are not reined in in time.
http://www.financialexpress.com/news/housing-in-gujarat-may-become-costlier/998913/

Financial express latest business and finance news: 'Housing in Gujarat may become costlier'

09/09/2012

: London's leading real estate firm Berkeley group is wooing Indian investors to buy homes in its luxury housing project adjacent to iconic 'Tower Bridge' on the banks of river Thames.

(ref: http://www.financialexpress.com/news/londons-berkeley-group-woos-indian-for-housing-project/998938/)

09/09/2012

At present, very few states have VAT in place for property, but the Maharashtra example may set a precedent of sorts. The tax is expected to generate revenue in the range of Rs 1,000 crore to Rs 3,000 crore for the state, but will affect around 7 to 10 lakh buyers.
(ref: http://www.financialexpress.com/news/how-to-bell-the-vat/999542/)

Financial express latest business and finance news: How to bell the VAT?

09/09/2012

Eight months after cancelling the licence of Mayfield Gardens in Gurgaon, the department of Town & Country Planning (DTCP) has renewed it following an appellate authority’s order on September 6.
http://www.indianrealtynews.com/real-estate-india/gurgaon/department-of-town-country-planning-renews-licence-of-mayfield-gardens.html

GURGAON: Eight months after cancelling the licence of Mayfield Gardens in Gurgaon, the department of Town & Country Planning (DTCP) has renewed it following an appellate authority's order on September ...

06/09/2012

The state government has revealed that all illegal encroachments and constructions along the banks of the Sindh in the Sonamarg and Kangan areas of Ganderbal district have been demolished.

06/09/2012

New residential project launches in the city declined by nearly 75 per cent to 1,500 units in the first half of 2012 over the year-ago period.
http://www.financialexpress.com/news/housing-projects-in-hyderabad-decline-75-per-cent/998339/

Financial express latest business and finance news: Housing projects in Hyderabad decline 75 per cent

06/09/2012

Following the footprints of farmers in Noida and Greater Noida, villagers of Ghaziabad have now intensified their agitation demanding increased compensation in lieu of land acquired. On Wednesday, around 100 farmers barged into the office of Ghaziabad Development Authority (GDA) and staged protests.

06/09/2012

HC quashes town planner’s notices to Gurgaon residents.
http://www.financialexpress.com/news/hc-quashes-town-planners-notices-to-gurgaon-residents/998600/

Financial express latest business and finance news: HC quashes town planner’s notices to Gurgaon residents

05/09/2012

ITC Hotels, the country's second-largest hospitality chain, is keen to bid for the property that houses the iconic Taj Mahal Hotel in Lutyens' Delhi if it is auctioned.
http://economictimes.indiatimes.com/news/news-by-industry/services/hotels-/-restaurants/itc-keen-to-bid-for-taj-mahal-hotel-in-lutyens-delhi/articleshow/16257868.cms

ITC Hotels, is keen to bid for the property that houses the iconic Taj Mahal Hotel in Lutyens' Delhi if it is auctioned.