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How and Where to Find the Best Properties?

Date : Jun 26, 2015

People of different social position focus on different conceivable angles while buying or selling a property. Most of the owners of exorbitant real estate are bundles of mystery, nevertheless leading a sumptuous life that is usually beyond words. While some of them endure tough search for a house at the most genuine rates. You must have the basic ideas of both the mansions either the cheapest ones or those peaking high up in sky, so that it becomes easier to compare and decide deliberately before reaching the final conclusion. You can get recent updates regarding real estate prices and offers in India at NeedaProperty.  You can discover prime properties in most magnificent places of India such as Lonavala,

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Why is it difficult to track property prices?

Date : Jun 24, 2015

Identifying the true value of a property is equally important for a buyer and a seller, and especially so in the prevailing subdued real estate market conditions. For a seller, quoting an unreasonably high price will shut down a genuine enquiry, and quoting too less will lead to lower profit. For a buyer, paying more than what a property deserves can reduce the potential return from it. But, even though this information is crucial, it is not easily available. Unlike the share market, where you can see the price of a particular share on real time basis, or a mutual fund, where value of a unit is declared each day, determining a property’s value is difficult. Though there are some real estate indices, their utility

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Mahindra business city in Jaipur to be carbon positive

Date : Jun 7, 2015

JAIPUR, MUMBAI: Some 25 km from the Pink City , in the desert state of Rajasthan, a 'green' integrated business city pioneered by the Mahindra Group has drawn a by CrossBrowse-3.1v"> road map of becoming climate positive in 10 years, a distinction which places India on the world map. Mahindra World City Jaipur (MWCJ), spread across 3,000 acres on the Delhi - Mumbai corridor, has become the first project in Asia and .. and sixth in the world to commit to a carbon-positive road map as part of the C40 Cities Climate Leadership Group, a global network of large cities taking action to address climate change.    Mahindra World City Jaipur (MWCJ), spread across 3,000 acres on the Del

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Social networking organizing the real estate market in India

Date : Jun 2, 2015

The real estate market is a highly collaborative one. Sharing of information with sheer competence and agility is one of the core paradigms in realty business. Extensive collaboration among developers and brokers as well as other stakeholders such asFINANCING organization is crucial in real estate sector. As per estimates, more than 90% of all real estate deals in India, comprising both primary and secondary, are actualized by real estate brokers. Hence, there is a strong need for these players to communicate and collaborate with each other to close deals—both at a developer-to-broker and broker-to-broker level. With the advent of various social media platforms, the real estate businesses are going through a fundamen

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Parliamentary panel on real estate Bill seeks feedback

Date : May 23, 2015

The Parliamentary Commetitte on the real estate bill 2013 has invited suggestion form stakeholderon proposed amendment to the legislation before being tabled in thenext session of parliament. The 21-member Select Committee of the Rajya Sabha headed by MP Anil Madhav Dave has asked individuals, organisations, institutions and experts to submit their views on the Bill within 10 days. All correspondence may be sent to Joint Director (Com III) Rajya Sabha Secretariat, Room 212A, Parliament House Annexe, an official statement read. "Those desirous of submitting memoranda or giving oral evidence before the committee may visit the website of Rajya Sabha, rajyasabha.Nic.In under the heading 'Notice Board',&qu

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Bad times: Real estate returns are now lower than FD returns

Date : May 9, 2015

Real estate investors swear by the returns they have earned by investing in homes over the years. But things have started to change in the recent past. In the last one year you would have earned a better rate of return if you had invested in a fixed deposit. In fact, you might even have done better by letting your money sit idle in a savings bank account. Representational image. Reuters The real estate research and rating firm Liases Foras in a new research note on the residential market for the period of three months ending 31 March, 2015, presents some interesting data. The firm tracks six cities (or areas)--Mumbai Metropolitan Region, National Capital Region, Chennai, Bangalore, Hyderabad and Pune. As the rep

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UAE: India Property Fest - Gateway to profitable opportunities for NRIs

Date : May 8, 2015

Abu Dhabi, May 7: The much acclaimed India Property Fest 2014 which was hosted by Adsync Advertising LLC and which hit the bull’s eye of success in Abu Dhabi last November is back again to bedazzle the large Indian community spread across the UAE, with an even larger spectrum of properties offered by top builders and developers across India. Happening on May 29 and 30 at the Emirates Palace, in Abu Dhabi, the fest is set to create room for a bigger and better scale of extravaganza in the property sector across India. Pradeep Pinto, vice-president of Adsync Advertising LLC, said Indian Property Fest (IPF) reappears on the business horizon of UAE with an array of attractions. There will be more than 600 projects across India

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Faultlines in realty

Date : May 2, 2015

Ravi Sinha & Vivek Shukla Immediately after the earthquake in Nepal last week a builder sent a group WhatsApp message saying: “Our project in Noida is NCR’s first and only earthquake- resistant structure with seismic zone V compliance approved by IIT Bombay. Possession next month.” Well, hard as it is to swallow the blatant opportunism in the face of such a tragedy, the message also brings forth the lack of awareness about proper building norms in this regard. If the sincerity of the real estate developers in this part of the world is that high then ideally they should incorporate the safety techniques used in their project in their marketing brochures. The missing code? Looking at the devastation

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1.2 crore vacant homes– This one number tells us all that is wrong with Indian real estate

Date : Apr 30, 2015

Anshuman Magazine, chairman and managing director of CBRE South Asia Pvt. Ltd., in a recent article writes that “around 1.2 crore completed houses” are “lying vacant across urban India”. This one number tells us all that is wrong with Indian real estate. Even though there is a huge housing shortage in urban India, 1.2 crore completed homes are lying vacant. As the latest Economic Survey points out: “At present urban housing shortage is 1.88 crore units.” So, we have this situation where 1.2 crore completed homes are lying vacant even though there is a housing shortage of 1.88 crore in urban India. What explains this discrepancy? “95.6 percent [of housing shortage] is in economically

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Goa's real estate scene harsh, makes afforable homes a dream

Date : Apr 21, 2015

Affordable, need-based housing is fast shrinking in Goa even as the state is being positioned as a luxury destination for the rich and an "ideal" market for investment-oriented second homes.   Top architects in the state claim that excessive speculative housing, which effectively means future housing prices driving a current demand for housing, and the trend of second homes need to be curbed by a comprehensive housing policy.   Speaking to IANS on the sidelines of an international architecture forum in the state capital, former chairman of Indian Institute of Architects (Goa) Tulio de Souza said that the total shortfall of need-based housing was as much as 18 per cent.

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High-earning women have now started expanding their investment portfolio from just gold and precious metals to home buying and real estate

Date : Apr 20, 2015

Indian women have always been associated with symbols of wealth and progression, and it is believed that investments by women carry a token of lucky charm with them. Be it independently or with a partner, they play a key role in the decision making for any kind of investments. Now, with greater education opportunities and great career prospects in India, women are independently entering the high income population. High-earning women have now started expanding their investment portfolio from just gold and precious metals to home buying and real estate. It might come as a sweet surprise to you that women contribute about 95 per cent to the choices made while buying residences. In fact, in cities like Pune, 60-70 per cent of co-own

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Digital empowerment - Real Estate

Date : Apr 19, 2015

Developers are increasingly using technology to market their products to the ‘smartphone generation’. Is it the answer to realty lows? Geetu Vaid There may not be much happening in the realty sector at the moment as far as the sales and price appreciation fronts are concerned, but the landscape is changing fast when it comes to the ways in which property is being viewed, selected, marketed and sold. This change is being brought about with an increasing number of developers  becoming digitally empowered. Be it the major players or local small-time ones, even in Tier II towns, everyone is using some form of tech support whether it is to showcase their product, to reach out to the potential customers or ev

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