CHENNAI.....Good investment opportunities in all the segment of the city. Commercial rentals is on fast trek. Residential segment also having very good demand from rural areas. Outskirts of the city is now more costly then CBD residential areas.   AHMEDABAD..... ..... Huge NRI funds were recently invested in residential segment of the city. Commercial too is feeling the heat. Residential rates are marginally up by 20% since last quarter. The trend is likely to continue.   BANGALORE...... ...IT and ITES are again in the buying spree. Residential complexes are getting good demand. NRIs investments are up again. Service apartment concept is catching up in the city. Commercial lease rentals are rising.   PUNE.... ... Pune is poised as IT centre by the developers. In fact many leading IT brands are in the city. It has enhanced the residential rates. Outskirts like Viman Nagar, Pimpari and Chinchwad also now having great demand. Good time ahead.   DELHI .... ...The market is slow for residential units. Noida and Gurgaon also have touched historic level. New zones are in the competition. Faridabad and Merut along with Rohtak are busy catering for demand in Delhi and NCR    MUMBAI.. ..... ..Realty Fund and investors of large real estate holdings are still maintaining the price level. Developing zones are feeling heat. Small pocket developers are also panic in the market. Residential prices stagnated as of now.

Under Maharashtra Apartments and Ownership, government of Maharashtra has established a Model Agreement for Property purchaser and sellers. It clearly maintains that the carpet areas must be mentioned in sq.mtrs and not built up area.
The seller of flats and property in Mumbai, are entering built up are in the agreement. Normally, built-up to carpet ratio should not exceed 22%, by thumb rule of constructions. But unfortunately, this ratio has been enhanced to 40% to 50%. Even government housing agencies are making agreement on built up area. They also advertise built up area. And issue literature, of properties to be sold.
In other word, if a purchaser purchases 1000 sq.ft. flat, he gets only 600 sq.ft. carpet area to live.
It will not only increase the rate of the property indirectly but also enhance stamp duty and registration fee on the carpet area.
Why a person should pay stamp duty on 1000sq.ft. when he gets only 600 sq.ft. for Rs. 10,00,000/-. That means the effective rate for his 600 sq.ft. carpet area will be Rs. 1,667/- per sq.ft. The poor purchaser not only get less space to live but also pays more then the market rate and pays enhanced stamp duty on registration charge In commercial projects the ratio touches more then 60% and higher. The super built up concept is now going for jumbo super built up concept.