Category Archives: Real Estate

Real estate sector turns corner; housing sales surge 6% in 8 major cities

Housing sales rose 6% in calendar year 2018 in eight major cities as developers reduced prices and offered indirect  discounts to lure customers, property consultant Knight Frank India has said in its latest report. Sale of residential units increased in six cities — Delhi-NCR, Mumbai, Bengaluru, Chennai, Hyderabad and Ahmedabad — but declined in two cities — Kolkata and Pune. Read More


Airport Authority Threatens To Seize Sahara’s Mumbai Hotel

Hotel Sahara Star is located on 30,047 sq. meters on the Western Express Highway. Mumbai: In yet another blow to the beleaguered Sahara Group, the Airports Authority of India (AAI) has terminated the lease of the posh Hotel Sahara Star and threatened on Friday to seize the prime property situated outside Mumbai Airport. The AAI Western Region (AAI-WR) slapped a notice Read More


Indians Biggest Foreign Investors In Dubai Real Estate: Report

Indians have invested hugely in Dubai realty in the first nine months of 2018. Mumbai: Expecting high returns, Indians have invested hugely in Dubai realty in the first nine months of 2018, making them the largest chunk of all foreign investors in the sector, according to the latest statistics of the Department of Real Estate Studies & Research, Dubai Land Department Read More


Gautam Gambhir Gets Warrant For Skipping Real Estate Fraud Case Hearing

Gautam Gambhir as the brand ambassador is accused of luring people to invest in the fraudulent project. New Delhi:  A Delhi court on Wednesday issued bailable warrants against retired cricketer Gautam Gambhir for not appearing before it despite repeated summons in a case related to alleged cheating of flat buyers in a real estate project. In a complaint, 17 flat Read More


Explained: Rules you need to follow for withdrawing PF

Fmployees working in a corporate setup or registered employees in an organisation are entitled to Provident Fund (PF), a popular pension scheme for each and every employee working in an organisation having over 20 members. Once a member’s PF is registered, the contributions in the fund keep swelling as they continue to work in one organisation or more. In case Read More


Goodbye to bidding wars: Some of the hottest housing markets are falling the hardest

Mike Kane | Bloomberg | Getty Images Potential homebuyers attend an open house in Seattle. It was just last spring that home buyers in most of the nation were digging ever deeper into their pockets, bracing for a bidding war on whatever property they chose. And now, suddenly, they’re not. Home sales have slowed to a crawl nationally, and it’s Read More


Top 10 states to make the most money from investing in real estate

Chris Howe | Getty Images Indianapolis, Indiana Investing in real estate isn’t as simple as investing in equities. But some wealthy investors like real estate because of the potential for great returns. There are several ways to invest in property. You can become a landlord or buy a property to rehab and flip. Or you can put money into a Read More


That prehistoric fossil in your attic may be a tax break

Frank Rothe | Photonica | Getty Images Whether you’d like to give away several thousand bushels of soybeans or a prehistoric fossil, there just might be a charity that’s willing to receive it. Year-end tends to be a busy time for individuals who are in a giving mood. Donors seeking a break on their 2018 taxes must make their charitable Read More


Alate Partners seeks to change how real estate is managed

Venture capitalists Relay Ventures and Canadian real estate firm Dream have come together to launch Alate Partners, a business focused on accelerating the development of technologies that enhance or augment how real estate is designed, built, and managed. Growth in the property technology (so-called ‘proptech’) market is significant, with real estate tech startups raising $3.4 billion in funding last year, Read More


Amazon HQ2 rumors rattle New York and DC real estate markets

It hasn’t been announced yet. It wouldn’t happen for months, if not years after it was announced. But Amazon’s possible arrival in Northern Virginia and Queens, New York, has already sent shockwaves through surrounding real estate markets. Mara Gemond, a longtime Arlington, Virginia, realtor, never did much business in the dingy cluster of office buildings next to Reagan Airport known Read More