Real Estate News
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Real Estate Investments Options
The real estate market, especially the housing sector is all set to see an upswing in the prices of the properties. Hence now is a good time for investors to add to their real estate portfolio by investing in the market. For beginners who want to invest, Real Estate is the best said option for them as it is not so risk like shares and bond and also there is appreciation in their prices. The cost of property is either stagnant or on a rise, it never declines. The biggest point that a person should know about real state is that it is more than just an investment. Real Estate should be seen as business. However this field definitely require...
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Bhopal Real Estate on the Path of Growth
The capital city of Madhya Pradesh is not behind from the other cities on the path of development and growth in the Real Estate sectors. The city recently is experiencing a rapid of growth in real estate arena. Industrial and Residential construction is happening all over the city for the upliftment, not just that people which includes buyers and developers are gaining huge profit from this city. As per data and reports we all see that in other cities where there has been a growth of just 14 percent in the real estate market, the market in Bhopal is witnessing a growth of about 35 percent! The effect of this growth is visible in the nearby ar...
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What’s the Perfect Time to Withdraw or Enter the Real Estate Market
The recent flooding of houses on the market, combined with an economic downturn and low buyer self-confidence, indicates property is not selling the way it was simply a couple of years back. In times like these, it is best to know ways to cut your losses-- and ways to acquire from the scenario by learning when to remain in the market when to get out. Knowing When to Get Out or Remain in the Real Estate Market-- Speak to Your Lender If you have an adjustable rate home loan and cannot make the payments, or are dealing with prepayment charges, you certainly have to speak to your lender. Some individuals are dealing with contrasting declarati...
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General Budget Makes Bhopal a Beneficial Investment Spot
The general Budget of this year is said to be a balanced budget. In this budget, there have been three major announcements pertaining the real estate sector wherein you get a tax exemption on house rates, double taxation on REITs and for the developers who will benefit from the affordable house, there is a 100 percent tax exemption for them. For home loans, there has been an additional 50 thousand tax benefit for the people living in tier two and tier three. What needs to be noticed here is that the companies are taking the affordable housing segment not just as a business but also as a service to the society. Houses with low price are get...
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How About Making Real Estate Investment during the Recession
Currently real estate is suffering an enormous slow down due to economic downturn. The value of property has been decreasing profoundly and some people are not buying new property. They are not spending on this extremely profitable sector. Buying property has been constantly first option of buyers either to own a home or meet financial investment factor. To efficiently manage this issue one has to choose cost effective homes. The Government has advanced an appealing offer under its plan of cost effective homes. To slow down the results of economic crisis, the government has introduced its housing for all plans that has focused on offering ...
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A Minimum Collector Rate for Bhopal
Bhopal has been on a steady growth path and development on the real estate front recently. It has been chosen to be developed as a smart city among the other cities across the country. In a recent development in the city, the minimum collector rate at which a property is registered in Bhopal remains to be static all across the state, leaving an exception for just 20 locations. Apart from the real estate developments, the city has also got effected from the market slowdown. And with the recession that prevailed in the real estate market, there has been a proposal to increase the rate to a maximum of 10% in five locations and an increase in ...
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Proposal Passed For Development of 355 Flats in the Eight-Story Building in Bhopal
355 flats and 40 shops have been proposed on the more than 2-acre vacant land of Sarva Dharma Co-operative Housing Society, Bhopal. The earlier plan was to build 192 flats; however, most of the members do not find it profitable; thus, it was pending for a long time. This new plan was passed unanimously at the General Meeting of the Committee that the held on Sunday. After the meeting concluded, a dispute takes place between some members and they started fighting with each other. However, due to the presence of police the matter is resolved then and there. Sarva Dharma Co-operative Housing Society organized the annual general meeting on the...
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To Overcome Realty Slump, BDA Go On Infra Development Road
Bhopal Development Authority, who was badly hit by the recession in the real estate, is now trying to bring back the things on track by building the flyovers to get rid of traffic congestion problem in Bhopal. Bhopal Development Authority is yet to announce any real estate scheme for this financial year. BDA chairman Om Yadav while presenting the budget for 2016-17 suggested having a flyover at Board Office square and Lal Ghati at MP Nagar. In spite of proposed metro rail in Bhopal, Bhopal Development Authority considers traffic to be still an issue and they are best possible actions to deal with the traffic problem in the urban city. F...
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2-Bhk and 1-Bhk Residential Flats Housing Scheme by BDA
A new housing scheme was launched by BDA (Bhopal development authority) for the allocation of 73 2-bhk and 1-bhk residential flats. Maharishi PatanjaliParisarYojana, Gondarmau is the name of this new housing scheme. Bhopal development authority has called for the applicants to be registered for flats in this scheme from 11 April 2016. The Bhopal development authority also came up with a new housing scheme known as Shri Pyarelal KhandelwalAwasiyaParisar Housing Scheme 2016. Under this scheme, it was proposed to build 73 flats out of which 24 flats are there for the Economical Weaker Section (EWS) category and rest 49 for the peoples belon...
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Tips for Nris While Investing in India
“Real estate cannot be lost or stolen, nor can it be carried away. Purchased with common sense, paid for in full, and managed with reasonable care, it is about the safest investment in the world.” -Franklin D. Roosevelt The quote cited about hold extremely true as real estate is that one sector which is meant to bounce back even after a downfall and we have a clear example of that seen in the last couple of years, to be specific from the beginning of 2014. There was an upswing in the demand and well as the price of the property. There has been a drastic increase also in a number of foreign investors especially after the refor...
