Tag: Property Transactions

New Property Tax to Hit Property Transactions

May 13, 2013 – 6:19 pm

New property tax will affect the property transactions adversely. The builders say that the new property tax is wrongly assessed. Under the new property tax, Babu Naik will have to pay an additional of Rs.7000 per year. When he questioned the civic body officials, they explained to him that the value of his property has […]

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Real Estate Bank India Plans Sixteen Outlets In Orissa

September 24, 2008 – 6:09 am

Real Estate Bank India is scheduling to set up three thousand franchisees all over the country with sixteen outlets in Orissa within a year. The first property shop will be opened on September 24 in Bhubaneswar. The other property shops will be located at Rourkela, Cuttack, Jharsuguda, Barbil and Jajpur Road. This would promote inter […]

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Impact Of Rate Hike On Real Estate

July 30, 2008 – 6:43 am

Real estate companies observes their cost of borrowing rising by 1% age point as the central bank has increased the repo rate by 0.5 % and cash reserve ratio by 0.25 %. The rate hike will push up the corporate lending rates. This, in turn, is anticipated to further strain the balance sheets of realty […]

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Stagnation In Chadigarh Real Estate

July 25, 2008 – 5:08 am

Chandigarh real estate is witnessing testing times. On one hand, there are more investments pouring in the segment and on the other side property buyers and sellers are not very enthusiastic about property transactions.

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