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News Home Top 6 real estate scams and how home buyers can avoid them Date : Apr 16, 2015 NEW DELHI: The Indian real estate sector is growing, and so are the scams and frauds associated with it. Consumers now-a-days are more informed, but ironically are still susceptible to scams. Real estate scams run the entire gamut, from legal frauds and fly-by-night operators to false promises and untenable buy-one-get-something-free offers. "It is a double whammy for gullible real estate investors because justice for fraud victims is long drawn and uncertain, due to the complex nature of disputes in this sector. The absence of an industry watchdog compounds the matter further," informs BankBazaar, a multi-brand financial product comparison platform. Here is a rundown of scams typically plaguing the Indian real es Indian Real Estate to be Showcased in Australia Date : Apr 14, 2015 InvestIndia, a platform showcasing and reaching out to NRIs in Australia and other parts of the world, with ample opportunities to invest in Indian real estate, has announced a three-day real estate expo at Rose Hill Gardens Race Course, Sydney on 5th, 6th, 7th June 2015. InvestIndia Expo is the brainchild of Consistent Media Private Limited in order to bridge the gap between Indian developers and NRIs. According to the Ministry of Overseas Indian Affairs, India has the second largest diaspora in the world after China. Australia is among the top 10 business partners of India with investments of almost $12 billion. There are more than 4 lakhs Indians in Australia, most of them being successful entrepreneurs and members New real estate bill may speed up projects Date : Apr 13, 2015 With the government bringing in ongoing projects under the ambit of proposed real estate law, developers are looking to speed-up construction of existing housing units to escape any regulatory action, but funds may be a constraint. Real estate market has been facing a huge delay of six to seven years in project completions, which in turn has affected the buyers’ interest also. The Cabinet last week approved amendments to the long-pending real estate bill to bring under its ambit all ongoing projects, which would need to be registered with a proposed regulator after the new law comes into force. CREDAI has opposed the decisio Top 10 Real-Estate Companies in India Date : Apr 11, 2015 India has now become a prime destination for most of the property developers and globally recognized real estate companies. A lot of non-resident Indians are investing their money in the real estate markets and it is eventually contributing to the growth of Indian economy. Many real estate investment policies are also released and it has greatly improved the whole of the real estate scenario of India. Recently, a real estate bill is approved by the Indian governance Union Cabinet and it aims at protecting as well as conserving the customers interests by providing them a suitable environment. The bill also focuses on all potential aspects and ensures a uniform real estate market growth. All these factors ha Global and Luxury Real Estate Summit brings top executives and international investors to Chicago Date : Apr 10, 2015 CHICAGO, IL - The Asian Real Estate Association of America (AREAA), the nation's largest trade organization focused on Asian American real estate issues, will host the 2015 Global and Luxury Real Estate Summit, April 19-21st, at the Trump International Hotel and Tower, in Chicago, IL. Representatives from some of the largest names in International, Commercial, and Luxury Real Estate will be in attendance. With dozens of representatives from China, Japan, Singapore, Thailand, India, Hong Kong, the UK, France, Canada, and Mexico, this is the preeminent Global and Luxury Real Estate Summit this year. Why: In 2014, Chicago experienced a meteoric rise on the international real estate scene, particularly with invest Date : Apr 9, 2015 By Dhiraj Nayyar If Prime Minister Narendra Modi has delivered one thing in his first ten months in office, it's been electricity to India’s stock markets. India’s benchmark Bombay Stock Exchange (BSE) Sensex recorded a 31 percent jump in 2014. Only the insane runup in Shanghai's bourse -- up 90 percent in the past 12 months -- has overshadowed the Indian rally. Unfortunately, very few actual Indians stand to benefit from the boom. The proportion of retail investors in India’s equities markets is strikingly low. Less than 1.5 percent of the population invests in securities, compared with almost 10 percent in China and 18 percent in the U.S. Just 2 percent of India’s household savings 6 ways millennials are impacting the global real estate market Date : Mar 31, 2015 Fastest-growing consumer group is making its mark on real estate A recent National Association of Realtors report, Home Buyer and Seller Generational Trends 2015, revealed that the global real estate market is once again witnessing a large number of millennial homebuyers and realty investors. These young financiers have braved the recession that almost strangled the market to death a couple of months ago. However, times have improved and the report indicates they are the largest share of recent buyers. The survey also indicates that an overwhelming majority of buyers are making use of online real estate portals. Right after finding their dream home they are extensively searching for agents to guide them. About 34 an Rangoli Gardens adjudged as "Best Budget Apartment Project of the Year" by NDTV Date : Mar 30, 2015 The NDTV Property Awards 2014 has felicitated Ashiana Housing Ltd's "Rangoli Gardens" as "Best Budget Apartment Project of the Year" in Tier 2 cities. Rangoli Gardens is a project situated in Jaipur (Rajasthan) with the saleable area of approx 2.617 million sq. ft. This project is in partnership under the name of "Megha Colonizers" where Ashiana Housing Ltd. holds 50% economic interest. Rangoli Garden - the landmark high rise residential reality project by Ashiana Housing and Manglam Developers in Jaipur has brought another laurel to the Pink City. The 26 acre state of the art project has declared "Best Budget Apartment Project of the Year" during NDTV Property Awards, one of the E-commerce companies fuel growth in brick-and-mortar real estate Date : Mar 16, 2015 For companies that do their business online, e-commerce giants are spending a lot on brick and mortar. Just 12 hours before the country rang in the New Year, cab service provider Ola signed on 20,000 sq ft of prime office space at Embassy Golf Links (EGL), a premium Grade A business park located just 20 minutes away from Bengaluru's city center of MG Road. That was the last available office space at the 21-office block EGL campus, which charges tenants approximately Rs 100 per sq ft per month as rent. While the office transaction is minuscule in the context of India's over 400 million sq ft leased office market, the deal signaled the coming of age of the country's new sunrise sector. Consumer internet firms cle India amongst top 20 highest property investment market: Cushman & Wakefield Date : Mar 12, 2015 India is amongst the top 20 investment destinations for 2014 with total of USD 5,000 million (mn). This was noted in the latest report by global real estate consultants Cushman & Wakefield entitled ‘International Investment Atlas 2015’. India also recorded the third highest growth in investments recording an increase of over 140% in total investment volumes in 2014 over the same time last year. The report however noted that global real estate investments fell in 2014 for the first time in five years, dropping 6.3% to US$1.21 trillion. The India real estate investment scenario saw a high point in 2014 reaching highest investment levels in the last five years. In 2014 real estate investments registering a growth of Rajasthan: Vasundhara Raje presents Rs 20609 crore deficit budget Date : Mar 11, 2015 Rajasthan Chief Minister Vasundhara Raje presented her second budget of current tenure on Monday with an estimated fiscal deficit of Rs.2,0609 crores which is 2.99 per cent of the GDP. She expects own tax revenue to increase by 18 per cent compared to previous fiscal year. It is 6.84 per cent of GSDP. Interest liability has been pegged at Rs.11962 crores which is 10.74 per cent of total revenue receipts. The focus of the budget has been to carry forward and start executing proposals that she made last year. This include simplifying and computerising procedures for ease of business, roads, education, drinking water and health sector. Tourism and heritage are her clear priority areas. Crucial business areas including real esta SBI to snap up 4 posh Air India flats in Mumbai for Rs 90 crore Date : Mar 9, 2015 NEW DELHI: Cash-starved national carrier Air India is set to seal a real estate deal with State Bank of IndiaBSE -1.02 %, which has "in principle" agreed to acquire four of its posh residential properties in south Mumbai for Rs 90 crore. The airline had been scouting for a buyer for its four tony flats on the Sterling Apartments on the upmarket Peddar Road in south Mumbai for the last two years, AI sources said. Its efforts in 2013 to sell these through e-auctions did not elicit good response. So were its attempts to lease out its iconic previous headquarters in the Nariman Point area of the megapolis. SBI Estate Manager was not available for comments. In August 2013, the national airline had floated b |
  
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