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Global property consultant Jones Lang LaSalle today cautioned that housing prices in Delhi-NCR and Mumbai have reached the peak level of 2008 and any further rise in the rates will adversely affect the demand.
This has been the year of the luxury home. Speculators returned to the real estate sector to cash in on the upper-class Indian’s luxury urges. HT reports.
In a year when the Sensex scaled new highs and stock prices zoomed across sectors such as IT, auto and banking, scrips of real estate companies failed to attract investors. Vivek Sinha reports.
Potholes in the Markets
Planning to invest in real estate in 2011? Be prepared for trickier investment options than 2010, say experts.
Sachin Dave reports.
Investment in real estate and realty stocks are very common these days. However, under the current law, a striking difference in tax rates may be observed in taxation of property and stocks.
Chinese officials are blaming speculators for soaring property prices and are vowing to build 36 million affordable homes over the next five years. There are already widespread concerns about China's booming property market and the threat it poses to the country's expanding economy.
Global commercial property investments are set to exceed $440 billion this year, the highest since 2007, with the Americas likely to post 60% growth partly on an easing debt situation in the US, property services firm Jones Lang LaSalle said on Thursday.
The government intends to complete putting the property returns of all government officers in the public domain by August or September this year. Aloke Tikku reports.
There is no law that requires any person to compulsorily make a will. If one dies without drawing a will, the property will be distributed among heirs as per the personal laws applicable.