ACCOMMODATION
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Workshop on 80IB
of Income Tax and Accounting
Standards for Real Estate
Thursday 18th January 2007

Bombay High court has given an interim order in favour of developers in the forest issue. Stay has been lifted for Petitioning development. ; Ahmedabad: The city is emerging into a major commercial hub. Improved         infrastructure in the old city as well as on the out skirt is giving all         the advantage to have better sale of properties. Recent campaign by the         builder to promote city properties overseas got tremendous response and         the rates are all time high after NRIs are pumping in the funds.         Residential rates are ranging between Rs.650/- to Rs. 1350/- per sq.ft.         in posh locations. Commercial is going steady since lot of space still         left out to be occupied. Lease rentals are rising and more MNCs are         likely to come in the market. ……Amritsar: The city of Golden Temple         is enjoying rich harvest in the property field. Funds from rural Punjab         is coming in the city and builders are busy selling properties on         planning stage. Local demand also emerging into a strong real estate         market. Large properties are not available on options. Residential rates         are ranging between Rs.700/- to Rs.3000/- per sq.ft. in posh locations.         Commercial premises are also in demand. Huge malls and commercial         complexes will soon be part of the city's skyline……..Bangalore: The         market is up again. NRIs and IT professionals came in the city for job         are having good purchasing power. Residential rates are touching highest         point. Flats are not readily available for choice. Residential rates are         likely to go further up by 10% within 3 months. Great time ahead.         Commercial premises are having great market. Closed projects are opening         up for next phase…..Bhopal :State government is serious about         improving the infrastructure in the city. Massive plans are on anvil.         The city has become hub of commercial activities in the region.         Residential rates are rising and will soon be creating history.         Commercial premises will have to wait for some time now, because demand         for large spaces still not in fashion in the city……Cochin: After         getting centre government's attention, the city is booming. Special         package to improve city's port and allied infrastructure is boosting the         real estate development in the city. Commercial premises and warehouse         are much in demand. Residential rates are still         stagnated……Coimbatore: Textile market in the city is coming to a         mature stage. Cottage industries for knitting and dying are getting good         export jobs. Purchasing power of the city is increasing. Residential         rates are touching new heights. Commercial remises and malls are in the         business. Good time ahead……Kolkata: The city has transformed into an         international destination. Trade from Bangladesh and far east countries         are booming. Honey, woods, paper and other allied industries are getting         very good business. NRIs and people working in other states are pouring         in the money into real estate. Although the residential rates are still         stagnated and hardly any improvement but commercial premises are getting         good demand…..Chennai: The city is now a junction for trade and major         export port. Aftermath of tsunami, the city's landscape is getting sea         change. Premium properties near sea are in the market for distress sale.         Hotel industry is looking at land northward of the city. Water is still         major factor for city's real estate development. Residential rates are         all time low. Commercial premises are still having somewhat hopes. The         city is a decade back city again as far as the trend is         concerned…….Delhi: Booming. The national capital is all set to go         for a big innings. Massive construction activities are in offing. The         malls and commercial premises are in the market more then residential         accommodation. Proper Delhi and CBD are still dearer as far as         residential accommodation is concern. Budget homes are available on the         out skirt,  Noida, Gurgaon and Muradabad.. NCR region is all set         for land grabbing and huge sale of primary market if in         offing…..Hyderabad: Cyberabad alias Hyderabad is loosing its charm         among IT professionals and firms. Lack of proper infrastructure and         language problem is the major factor for such trend. Residential         accommodations are going in for rentals only. Outright sale is         restricted with corporate only. Local demand is only 5% of the total         sale. Commercial premises are still dearer. It may start falling any         day……Indore: The city is promising big returns to its investors.         Investors and speculators are active in the real estate market.         Residential rates are increasing and marginally higher then the actual         rates. Commercial rates are having no trend. Some of the reputed names         are selling it much higher then the market rates, rest are waiting for         the takers…… Mumbai: The city is gearing towards a confused market.         Land and FSI are being sold to builder on actual ready stock market         rates with inflation in mind which is still to come. Investors and         speculators are playing big game in primary market. Housing finance         institutions are also pumping in huge funds to acquire old properties         for redevelopment. Rates for residential and commercial accommodation         are historically high. NPA from banks already in the market and will         correct the rates in next six months. ….. Pune: Bullish market is         vibrant. NRIs and IT sector is all set to take it further up. Projects         with branded builders are giving huge profits for investors. Demand for         residential accommodation is still not up but, new infrastructure for         commercial premises are getting international attention. Reputed names from Mumbai are already in for capitalizing market trend.

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GOVERNMENT CONTEMPLATING NATIONAL RURAL HOUSING POLICY : The Government is contemplating to formulate a National Rural Housing Policy which is presently in the preliminary stage. The Development Alternatives (an NGO), have suggested a frame-work for a rural habitat policy for India. The National Housing Bank have also given suggestions on financing the rural housing sector. These suggestions are being examined and will suitably be incorporated in the draft Rural Housing Policy.This was stated by the Minister of Rural Development, Dr. Raghuvansh Prasad Singh in a written reply in Lok Sabha today.
 

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Real Estate Marketing & Brand Management 1981 Property Rates Stamp Duty Property Rates Loan Calculator Weather Report  International News 20 yr Property Rates Rent Act Housing Finance Interest Calculator Weekly Report Vastu Shastra Malls, Multiplexes &  Commercial Premises Legal Assistance Co.op. Society Act FAQs Repayment Schedule Citywise Forecast Feng Shui Taxation Registration Act Articles Loan Remaining Satellite Images Indian Cities Research Reports Court Judgements Income Tax Act More Headlines Tax Savings SEZ  Conference Papers FDI in Real Estate NRI Land Measurements Cost of Loan Women Hostel Valuation Project Update Consumer Court Pugree rates Capital Gains Tax  Old Age homes Project Report eBooks Govt. Notifications  Area Converter Recession or Recess? Greedy cement cartel hoodwinking the development Finance against Mortgage Property Rates : Bull run continues Growing fashion of integrated townships TheDubaiLife.com campaigns to help Indian  construction workers in Dubai Mumbai Makeover Mahindra to develop SEZ near Lonavala Will She ? Won't She ? Future of Redevelopment India and Asia in Globalisation Era Overseas Citizenship of India Resource flows in Commercial Real Estate SC Allowed mill land developers without   open space for the city Impact of mill land on Mumbai’s skyline Land is not less CAN OCCUPANCY RIGHTS IN OWNERSHIP FLAT BE TRANSFERRED OR ATTACHED  Can we restrict Mumbai’s population? BEWARE! BEFORE YOU PAY STAMP DUTY Foreclosed flats to flood market Sick Textile land up for sale Farm house projects in “G” zone are feasable Rain water harvesting BUYING AND SELLING OF IMMOVABLE PROPERTY IN INDIA West Bengal Premises Tenancy Bill There is great potentiality in domestic tourismHalf Measures for Construction sector by Govt. Builders have to pay property tax on unoccupied areas Development using TDR posing parking problem New Collective Space for the contemporary city Mumbai sitting on a bomb Super-Built-up dragon Eats your living space Philosophy behind interiors of resort Mumbai another perspective Ready flats will be scarce by 2002 AD No water to new  constructions Thana offers dream homes Mall : A Multiplex boom Car Park Spaces Do Not Have Independent Status FINANCE RESOURCE MOBILISATION - THE NEW INITIATIVES Mumbai Before DP  LEAVE AND LICENSE Why Eleven Months only ? West Bengal Premises Tenancy Bill Analysis on Union Budget 2006 - 2007 Locating your office place BKC plots sold at under value 2005 : What a year that was  Hiranandani to construct flats for Rs. 2 lakhs NO FDI IN RETAILS: LEFT Commercial Property on the move in metro Is the Real Estate Bubble About to Burst? Right to Shelter denied again Beware of Housing Finance Co's. Sensitive Exposure Forthcoming Events Stamp utysetoff allowed No tax on rental income It’s a ‘Mall’ World in Mumbai Suburbs What have malls got to do with real estate? Car Parking : A to Z on the subject Winning Wives Mumbai is  suffering from CRZ Mumbai in Malls New Property Tax System for Delhi Who invented super built up ? Stamp duty not applicable to paying guest Super-Built-up dragon Eats your living space