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Find bargain real estate online
2008-02-09 13:27:00 The national foreclosure rate is at its highest point in years and is expected to climb. But, despite the downturn in the housing market, real estate sites are going strong.Maybe you're looking to pick up a bargain. Or maybe you want to know how market changes are affecting your home's value. Real estate sites can help. Find ing a house Your first stop should be Realtor.com. This is the National More About: Estate , Real Estate , Online , Bargain
Real Estate developers catering to specific needs of Chandigarh buyers
2008-02-03 15:45:00 Real estate developers are now catering to the specific needs of upmarket buyers, including non-residents, providing accommodation that spells class, elegance and luxury. he search for that ideal accommodation that spells fine living brings Jalandhar-based industrialists Simardeep and Gundeep Singh to Mohali, where there are superb options for possessing a 'dream home'. Designed to Andalusian, More About: Estate , Real Estate , Chandigarh , Real , Developers
Developers focusing on NRIs to give sales a push
2007-10-24 12:36:00 Paul Sharma, 46, a portfolio manager with a hedge fund in London, plans to apply for an overseas Indian citizenship that would let him buy real estate in one of the fastest appreciating real estate markets in Asia. Sharma, who is partly of Indian origin, left India in 1968 and has since been living in the UK. And he is not eyeing India for sentimental reasons alone.“I am basically from Himachal More About: Sales , Give , Developers , Push
India Offers Enormous Opportunity for Commercial Retail
2007-10-19 07:33:00 Real estate in India is soaring high with people reaping profits from this sector. In the last 2-3 years real estate has plummeted to new highs with around 100 % to even 600% increase in the rates of both commercial and residential sector. The shift today is and expected in the future will be towards the commercial segment with retail giving a strong impetus to it. The international retail More About: Commercial , Retail , Opportunity , Offers
It's changing India that greets NRIs coming home
2007-10-12 08:47:00 When Surya 'Sue' Patel landed at Mumbai airport, she stepped out like many confident NRIs. Wearing the latest Nike sneakers, a designer pair of jeans and her Rolex watch, she thought she would make her presence felt among her relatives in Mumbai before going on to Gujarat to celebrate Navratri and, later, Diwali. She trundled her Samsonite bags to be welcomed and hugged by her cousin, Meera. More About: India , Home , Changing , Chang , Chan
India offers enormous opportunity for commercial retail
2007-10-04 13:17:00 Real estate India is soaring high with people reaping profits from this sector. In the last 2-3 years real estate has plummeted to new highs with around 100 % to even 600% increase in the rates of both commercial and residential sector. The shift today is and expected in the future will be towards the commercial segment with retail giving a strong impetus to it. The international retail giants More About: Commercial , Retail , Opportunity , Offers
Indian Property Expo begins today
2007-09-28 09:03:00 The Indian Prop erty Exhibition 2007 opens today at Al Falaj Hotel. Billed as ‘India — a destination for investment’, the exhibition will feature India’s leading builders, promoters, real estate companies, banks and financiers. India has turned out to be a real estate hotspot and NRI investors wanting to invest in real estate india will have access to a first hand information on the upcoming and More About: Expo , Today
Nagpur to Witness Spectacular Growth in Real Estate
2007-09-17 10:59:00 Maharashtra’s second capital, Nagpur off late has been in the news for the tremors being created by booming Real Estate . India’s second greenest city and also known as Orange city, Nagpur is not only a tourist destination but has various other attributions as well. Nagpur has almost 40 educational institutes in the vicinity, a technically apt workforce that is available at relatively lower cost, More About: Real Estate , Witness , Growth
Real Estate Prices Rise In Kerala
2007-09-11 08:20:00 Foreign investment is pouring into India driven by the 30% plus growth rate in the $12 billion real estate market. The real estate in India is estimated to grow to $90 billion in 10 years by analysts. Industry sources say that roughly Rs. 135 crores is being invested in Kerala apartment and flat industry every month. Such growth is being driven by returning NRIs as well as growing employment in More About: Estate , Real Estate , Real , Rise
Doha Bank to offer mutual funds in India
2007-09-03 10:35:00 Doha Bank in association with Investnet, is looking to offer mutual funds in India . This follows the bank having acquired a 49 per cent stake in Investnet following a strategic tie-up between the pair. Under the new dispensation, Doha Bank Deputy Chief Executive Officer R Seetharaman is to be chairman of the company following a re-branding exercise, according to Investnet Managing More About: Mutual Funds , Doha , Funds
UK seeks Punjabi investors
2007-08-29 06:13:00 Punjabi entrepreneurs have been in great demand, both in the UK and Punjab.While leader of the opposition Rajinder Kaur Bhattal made a fervent appeal in Birmingham yesterday to UK-based Punjabi NRIs to make their motherland their destination for investments, a team of the UK Trade & Investment will be holding seminars, both in Chandigarh and Ludhiana, this week to invite entrepreneurial More About: Punjabi , Investors
Festival of India a sensorial delight
2007-08-24 11:06:00 The 15th Annual Festival of India and Parade was held in Fremont, California on August 11 and 12. The Indian community of Northern California came together in the largest festival of its kind as more than 60,000 people over two days made a colorful addition to Fremont’s streets. They also celebrated the 60th anniversary of India’s independence on August 15. Not just Indians but South Asians and More About: Deli , Delight
NRIs favour real estate over stocks
2007-08-13 06:23:00 Primary objective of the Overseas Indian Facilitation Centre (OIFC) was to lead Indian diaspora up the investment avenue, but one would certainly not have expected real estate to be the area of greatest interest. At least, not one in which NRIs would want OIFC help. But that’s exactly what’s happened. We are getting a lot of queries from overseas Indians about investing in property in India. More About: Stocks , Estate , Real Estate , Real
NRIs may rival MNCs as investors in Indian economy
2007-08-06 11:55:00 The single-largest source of foreign capital into India, non-resident Indian s, may one day become the prime source of investment in the domestic economy. A new report on remittances to India says "NRIs now see India as an investment destination" and are already leaving their mark in real estate and the stockmarket. Muzaffar Chishti of the Migration Policy Institute, author of "The Phenomenal Rise More About: Economy , Investors , Indian Economy , Riva
Barclays launches NRI Banking Services
2007-07-25 11:47:00 Now NRI customers will be able to visit one of over 50 Barclays branches in and around London and access, among other products, two types of Savings bank accounts: Non-Resident External (NRE) Savings Account, enabling customers to conveniently manage all their basic Rupee transactions in India using their overseas earnings in any foreign currency; Non-Resident Ordinary (NRO) Savings Account, More About: Services , Banking
THE NRI EYE: Gulf investors bullish on India
2007-07-23 08:21:00 India is fast becoming a favoured investment destination not just for its own diaspora, but also for institutional investors from the Gulf region. The most attractive avenue for major Arab players seems to be real estate. Investment pouring into India’s hot property market from the Gulf region have crossed the $35bn mark, says The Economic Times. The combined value of the various real estate More About: India , Bullish , Investors
Unitech Targets NRI Buyers
2007-07-09 07:23:00 Indian real estate major Unit ech Ltd announced its latest multi-million dollar residential complex of luxury villas and penthouses coming up in Noida, targeting non resident Indian (NRI) buyers. For this project Unitech has acquired 347 acres of land for about Rs 17 billion ($420 million) in May 2006. The cost of construction will be about Rs 60 billion, according to company officials. "This More About: Buyers
NRIs Keen On Real Estate Investment
2007-07-03 10:59:00 Real estate investment tops the list of queries received by the Overseas Indian Facilitation Centre (OIFC) launched by the government. "We are getting a lot of queries from overseas Indians about investing in property in India," Harish Kirpal of the Confederation of Indian Industry (CII), who is chief executive of OIFC, said. OIFC, a one-stop shop to help overseas Indians invest in India, More About: Estate , Real Estate , Real Estate Investment , Investment , Real
NRI Properties Targets By Land mafia in Delhi
2007-06-27 05:36:00 The “land mafia” in the national capital seems to be turning its attention to non resident Indians (NRIs) whose absence is usually long enough to grab their land and sell it illegally at whopping prices.Four cases of unauthorised occupation of land, known here as land grabbing, that the police are investigating show how rich NRIs, mostly settled in the US and Britain, are falling easy prey to More About: Delhi , Mafia , Land , Properties , Prop
NRI Queries Related to Tax Rules
2007-06-20 11:14:00 Q1) What kind of tax rules have been advised for NRIs? Ans: Tax rules for NRIs related to property transactions can be enlisted as follows: Purchase of Property- No taxes are needed while purchasing a property.Sale of Property - Certain taxes are payable while selling a property.Renting Property - PAN card is necessary at the time of letting a property on rent. Q2) Under what circumstances an More About: Rules , Related , Erie
South Indian Bank Targets More NRI Money
2007-06-19 12:59:00 The Thrissur-based South Indian Bank is tapping other foreign exchange houses for boosting its foreign currency inflows. About 30 per cent of its NRI customers are from West Asia, and the bank caters to them through the Haadi Express Exchange exclusively through its staff in Dubai and Sharjah. “The bank is offering the fastest and the cheapest money transfer facility. Money is transferred More About: South Indian
Exclusive Industrial Parks For NRI Investors in Kerala
2007-06-14 08:11:00 The Kerala government unveiled an action plan on 13 June to convert the state into a favoured investment destination by promoting public-private partnership in infrastructure development and offering to set up exclusive industrial parks for NRI investors. While the policy speaks about setting up product-specific special economic zones, industries minister Elamaram Kareem told reporters that in a More About: Exclusive , Industrial , Investors , Parks
First Click For NRI Investors
2007-06-12 07:58:00 When an NRI wants to invest in India, what is his first step? Look for opportunities in India through different government bodies promised as 'a one-stop shop'. As if all the existing bodies to attract investment were not enough, the ministry for overseas Indians launched a new one last week - the Overseas Indian Facilitation Centre (OIFC). Exploring on the Net, the NRI will come up with many More About: Click , Investors
Govt Draws Plan To Encourage NRI Investments
2007-06-08 11:15:00 India has chalked out a plan which involves setting up of a diaspora knowledge network, an investment unit and a research foundation to encourage NRIs to invest and participate in the economic development of the country. Under the plan, the Government would set up an Indian Diaspora Knowledge Network to share knowledge of Indians living abroad for mutual benefit, an Overseas Indian Investment More About: Investments , Plan , Govt
Process Of Investment in India For NRIs
2007-06-07 10:05:00 When India looks for investments in various sectors, among others, it turns to the NRIs, the case in point being Resurgent India Bonds. The process of investment into India has progressively been made simpler and in many cases, no permission from the RBI is needed before investing in India. However, before we discuss the actual process of investment for the NRIs, let us look at some of the More About: Investment , Process
NRIs May Face 3 Year Pre-IPO Realty Lock-In
2007-06-05 07:52:00 The government is planning to plug another potential source of foreign funds for the real estate sector. Non-resident Indians planning to invest in real estate projects ahead of initial public offers could face a three-year lock-in along with foreign institutional investors (FIIs). The government is planning to introduce a lock-in for pre-IPO FII investors in realty companies in bid to prevent a More About: Face , Lock , Year , Realty
NRI Remittances Keep CAD Within Limits
2007-05-30 11:40:00 The Reserve Bank has discarded the fears that India's current account deficit (CAD) would contribute to global imbalances, saying it is presently 1.7 percent despite a trade deficit of close to seven percent due to remittances from Indians working abroad. Remi ttances provide an in-built cushion to balance of payments and help keep the cad within sustainable limits, RBI Governor Y V Reddy said, More About: Limits , Mitt
NRI Deposits Fail To Pick Up Despite Rising Rupee
2007-05-28 10:17:00 NRIs park their foreign currency savings in either the non-resident (external) rupee accounts (NR(E)RA) and the foreign currency non-resident (bank) accounts (FCNR(B)). Of these, the FCNR (B) deposits do not involve any exchange-related arbitrage since the accounts are denominated in foreign currency. A rising rupee appears to have failed to catch the attention of NRIs. A stronger rupee gives More About: Pick , Rupee , Spit
ICICI Bank hikes interest rates on NRI deposits
2007-05-25 05:57:00 Largest private sector bank of the country ICICI Bank on Thursday revised upwards intrest rates on deposits of Non Resident Indians (NRIs). As per the revised rates, the Non Resident External (NRE) Fixed deposits of maturity period 12 months to less than 18 months, 18 months to less than 24 months, 24 months to less than 36 months will all attract interest rate of 6.43 per cent. For deposits of More About: Interest Rates , Interest , Rates , Interest Rate
Fund Infusion into Pune Real Estate
More articles from this author:2007-05-24 09:01:00 Real estate Pune is on a roll, with real estate mutual funds and private equity investors investing in various projects in the city. The latest investment comes from the HDFC Real Estate Fund which has purchased a 10% stake in Pune’s leading real estate firm Paranjape Schemes. Worth Rs. 75 crore, the funds would be utilised by Paranjape for their upcoming real estate projects in Pune. The More About: Real Estate , Real 1, 2 |
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