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1/3 of property brokers in Dubai from India, Pak

Date : Feb 24, 2014

As many as 676 real estate brokers from India and Pakistan are operating in Dubai out of a total 2,238 in the Gulf emirate, according to a new report.The UAE nationals made up the largest percentage of the city's property brokers and there was one woman for almost every five men working in the sector, the Dubai Land Department (DLD) said in the report. There are 336 Indians and 340 Pakistanis operating as real estate brokers in Dubai while the number of British property dealers are said to be 177, the report said.   There were 134 Egyptian brokers registered with other nations represented, including the Philippines, Iran, Russia and Uzbekistan. "Brokers in Dubai are reassured by the legislation and laws

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Indian Properties Spring Expo 2014 begins tomorrow in Dubai

Date : Feb 21, 2014

The Indian Properties Spring Expo is back in Dubai bringing more than 30 Grade-A developers from several Indian cities to showcase their multiple options to the Non-Resident Indians in the UAE. The two-day expo is organised by the Dubai-based Yard Real Estate, in association with Indian Properties - a leading realtor from Mumbai that brings Indian real estate brands closer to the NRIs across the globe. The Indian Properties Spring Expo 2014 will be held at Le Meridian Airport Hotel from February 21 to 22, 2014 with engaging offers and fabulous deals to attract the Indian expatriate customers from across the UAE and other parts of the region. Commenting on the second edition of the much-awaited realty exhibition, Prasanna

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Realty sector may see improvement in next 6 months: Report

Date : Feb 15, 2014

Even as the current sentiment remains sluggish, industry experts believe the real estate sector is likely to see some improvement in the next six months when property prices will also witness upward movement. "As per the stakeholder survey, not just supply and demand for residential property, but price too is expected to witness an upward movement in the next six months," Knight Frank India Chief Economist and Director-Research Samantak Das said here. He was talking to reporters after releasing a report on 'Real estate sentiment index', jointly brought out by FICCI and Knight Frank India, a real estate consultancy. However, if an analogy is drawn with the 2009 general election period, the determinant

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Buy You Dream Home @ Anukampa Property ShowCase

Date : Feb 14, 2014

Unbeliveable Offer Buy Your Dream Home In Property Showcase Only Two Days at 7th Floor Fourtune Heights opp.ICICI Bank Near Ahinsa Circle C-Scheme Jaipur

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Property expo to showcase real estates across India

Date : Feb 13, 2014

By A Business Reporter - MUSCAT — The Indian pavilion comprising the prestigious Realty India Expo 2014 will be held on February 21 and 22 at Al Falaj Hotel in Muscat. Jointly organised by Arabian Gate Expo with the support of Lynx Ads, the 2-day event will bring over 30 property developers from various Indian cities under one roof. The show will be open from 10.30 am to 9 pm consecutively and the entry is free for all the visitors with the provision made for ample car parking facilities for the visitors. Apart from developers, housing finance companies and banks would offer home loans for NRIs at competitive lending rates with flexible terms. The 2-day show will display a wide range of options in

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Gurgaon, Noida land price may fall with fresh supply in Delhi

Date : Feb 7, 2014

New Delhi: Land prices in Gurgaon and Noida could fall as over 70,000 acre is likely to come in the Delhi market because of DDA's new land pooling policy, property consultant CBRE said Thursday. "The land pooling policy will prove to be positive for the National Capital Region (NCR) in the long-term, since land prices in the suburban markets of Gurgaon and Noida would eventually rationalise with fresh supply coming into the Delhi market," CBRE South Asia Chairman and Managing Director Anshuman Magazine said in a statement. According to the Delhi Development Authority's (DDA's) recently passed land pooling policy, private developers may directly acquire land from farmers/landowners willing to part

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Indore,Bhopal Join Big Housing Boom League

Date : Feb 6, 2014

INDORE: There's good news for the real estate sector in Madhya Pradesh. While the housing boom in big Indian cities has taken a beating, tier-II cities like Bhopal and Indore have bucked the trend, according to the Housing Start up index (HSUI).   HSUI is an indicator of volume of construction in the housing sector in certain period covering 27 cities across India. In Indore, most permits issued between 2007 and 2009 were for single house units (SHUs). The trend changed in 2009. Between 2010 and 2011, most permits were issued for multiple house units (MHUs). Bhopal too is witnessing a robust increase in construction activities, the HSUI report stated. The development will not only help consumers but thos

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Property And Asset Management In India Today

Date : Feb 5, 2014

New Delhi: Even globally, Property & Asset Management practices have taken time to evolve into a sophisticated business and delivery model. However, its benefits are now available in India in the form of comprehensive real estate management. This includes two important and independent, though inter-related functions – Property Management and Asset Management. ‘Property Management’ is a discipline that integrates people, place, processes and technology to ensure the day-to-day operational functionality of a real estate asset. It involves handling of the routine operational functions on behalf of developers (engineering, security, soft services, landscaping, etc. Further, Property Management involves pl

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Realty growth shifts to smaller cities

Date : Feb 4, 2014

NEW DELHI: The real estate sector has been witnessing a declining trend in big cities such as Bangalore, Kolkata and Chennai, while the growth is noticeable in smaller cities, labelled as tier-2 centres, like Dehradun, Bhopal and Hubli, according to the Housing Start-Up Index (HSUI), which was released on Monday. HSUI, an indicator of volume of construction in the housing sector during a certain period, covered 27 cities across the country between 2009 and 2011. The index will cover 300 cities soon. The first-of-its-kind initiative is a critical indicator of economic growth in sectors like banking, mortgage, labour, steel, cement and paint. India has joined a club of six developed countries - Canada, US, Japan, France, Aus

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How to improve rental yields

Date : Feb 2, 2014

        Even a smaller property at a good location and proper maintainence helps Real Estate prices constantly move up and down due to changing economic conditions. But there is this certainty that people and businesses will always need a roof over their heads. And this means that individuals can always boost total earnings from a property by hiring it out.   Rents may not be that high for household property as prices of assets have risen considerably. So rental yields are working out to around two-three per cent, but commercial yields are around six-seven per cent, which helps generate income from real estate. Nature of rental yield One of the main questions for an individual

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An NRI's guide to investing in property in India

Date : Feb 1, 2014

   With the rupee falling, real estate has been one lucrative investment option for non-residential Indians (NRIs). Also, whether the market is hot or not, many NRIs like to have a place back here in India. The RBI's regulations on it are fairly easy as well and you do not have to take any prior permission from the authorities. The rules for any such property transaction fall under the Foreign Exchange Management Act (FEMA). An NRI or Person of Indian Origin (PIO) can own both residential as well as commercial properties in India and there is no restriction on the number of properties you can buy. However, you cannot purchase any agricultural land, farm house and plantation property. You can have ownershi

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DLF partners IBM for mobile analytics solutions

Date : Jan 31, 2014

Technology giant IBM has partnered with real estate firm DLF to deploy a mobile-phone based solution to gather insights into behaviour of shoppers at the latter's mall premises. The solution, to be deployed at high-end shopping mall DLF Promenade in the City, performs real-time analytics to convert data gathered from shopper's movements in the mall to provide meaningful interactions for smartphone users, IBM said in a statement. For example, once a user opts-in for the service, the solution performs analytics to understand consumer preferences based on location and interests in order to provide customised services via a mobile app. No financial details were disclosed. DLF will also use the solution to all

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