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Govt introduces bill to hike infrastructure tax

The Times of India

Porvorim: The Goa Tax on Infrastructure (first amendment), Bill 2013 introduced in the Goa assembly on Monday seeks to hike the infrastructure tax for residential and commercial units. Additional areas are also proposed to be included in the definition of "built up area". The Act provides for levy o....

Posted on:- 4/30/2013 2:36:27 PM

Sahara acquires 25-acre plot in Bangalore for Rs 149 Crore

The Economic Times

BANGALORE: The Sahara Group has acquired a 25-acre plot in Bangalore's information technology hub Whitefield, originally owned by the television and white goods maker BPL, for Rs 149 crore, and plans to build offices and a hotel there. The real estate to retail conglomerate Sahara has bought the ....

Posted on:- 4/30/2013 2:36:16 PM

Real estate sector affected by water shortage

Others

KOCHI - At a time when the scarcity of water is hitting the headlines, the real estate sector is also hit by it. The impact of the water crisis will be felt more in the real estate sector as the increase in cost will be passed on to the customers. As per experts, the shortage of water will only int....

Posted on:- 4/30/2013 2:36:04 PM

Buyers seek more teeth in real estate bill

Hindustan Times

Gurgaon - Around 300 representatives of various residents’ welfare associations (RWAs) here on Saturday demanded a stronger real estate bill and setting up of a regulatory body with sufficient power to take action against erring developers. Stakeholders converged for a discussion on the Real Esta....

Posted on:- 4/30/2013 2:35:46 PM

India builders get rate break and lure buyers: Mortgages

Others

Mumbai: Indian homebuilders, facing the highest borrowing costs in two years, are enticing homebuyers to help finance projects as they work to revive sales and cut debt. Developers including Mumbai-based DB Realty Ltd and Sunteck Realty Ltd are offering to make buyers’ mortgage payments wh....

Posted on:- 4/30/2013 2:34:31 PM