Redpro Developers

https://www.ndtv.com/business/inr-vs-usd-rupee-vs-dollar-currency-exchange-rate-how-nris-are-benefiting-from-weaker-rupee-1920839?amp=1&akamai-rum=off

Fluctuating Rupee Makes Real Estate More Lucrative For NRIs, Say Experts With real estate industry estimated at about Rs 3 trillion annually, about 7-8 per cent of the inventory is being bought and held by NRIs each year.

6 rules in RERA that will stop builders from delaying delivery of your dream home - The Economic Times For many homebuyers, delay in possession has been interminable. In the absence of a regulator, the builder-buyer battle appeared one-sided till now.

Buying a flat? Here's why you should wait till May 1

Property Prices remain unchanged in Delhi-NCR region in Q1-14

Property Pulse - the Realty Plus Newsletter 99acres.com Insite is a quarterly report focusing on buying and rental price trends in residential real estate across 7 major cities of India. According to this report, prices per square foot in Delhi-NCR region have remained unchanged in Q1-14 as compared to Q4-13. On the other hand, an annual comp…

CREDAI pins hopes of realty revival with Modi govt

Property Pulse - the Realty Plus Newsletter CREDAI pins hopes of realty revival with Modi govt May 28, 2014 Welcoming the appointment of Venkaiah Naidu as the new Union Urban Development and Housing Minister, realtors apex body CREDAI chairman Lalit Kumar Jain expressed the confidence that real estate and infrastructure will get due priority…

How to buy a flat and not lose sleep - The Times of India

How to buy a flat and not lose sleep - The Times of India Most middle class people in the country dream of owning a house. Also, investing money in real estate is always rewarding . But since the government is yet to prepare an ownership registry of all the properties in the country, in many cases, the title of a property is not clear.

Wishing you all a very happy and colourful HOLI..

Real Estate tips: Housing price - More than what meets the eye
Source: The Financial Express

There are many costs that add on to reach the final price of a property. Buyers must be aware, factor all of them in and not rush into a purchase decision. Most important, do not ignore the hidden interest cost that is very real Buying a house is not the same as buying a car. When a car advertisement says “Rs 5 lakh ex-showroom”, the only additional costs to be factored are extra frills of one’s choice, road tax and insurance. But if an advertisement for a house proclaims Rs 2 crore onwards, it is not as simple as the price with the registration and stamp duty charges and a fraction for miscellaneous expenses.

Budget 2013 can improve real estate sentiment.
Source: The Times of India

Indian real estate, a vital sector of the Indian economy that contributes significantly to the Indian GDP, has started to show some signs of recovery and optimism in the sector is slowly returning. Some of the issues faced by this sector include uncertain global headwinds, high inflation rates, subdued retail demand, high interest rates coupled with credit crunch, challenges associated with land acquisitions, stamp duty costs, non-standardized bye-laws and limited institutional exit options.

INCREASE IN CIRCLE RATES IS GOOD
Source: The Times of India

Real estate properties are registered at circle rates.Circle rates were introduced in July 2007 only and the capital was divided into eight categories.This is the minimum valuation at which properties are registered with the government. Recently,the circle rates were raised in Delhi in the range of 20-200 % across different categories of properties in the city. Category A localities of Vasant Vihar,Shanti Niketan,Anand Niketan saw a steep hike of 200%,Category B properties saw a jump of 50% while properties in the remaining six categories - C to H - saw a hike of 20-25 %

Vertical growth for six govt colonies in S Delhi
Source: The Times of India

Six of the major government colonies located in prime locations in south Delhi,including Srinivaspuri,East Kidwai Nagar and Moti Bagh,would go vertical over the next few years. The Union urban development ministry has decided to exploit the floor area ratio (FAR) in these colonies to build high-rises coupled with adequate open space and community facilities.