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ansal mall
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Top real estate articles

  • 14th Jan 19

    Pay Damages For Violations Or Face The Music: NGT To Sushant Lok-1 Builder

    Sushant Lok-1, one of the largest privately developed residential colonies in Gurgaon, may be headed towards a “closure”. Citing a January-8 order of the National Green Tribunal, media reports say the developer of the residential colony that houses over 10,000 families may be asked to close Sushant Lok-1 if it fails to compensate for 10 serious environmental violations. The violations include encroachment of green areas, extraction of ground water without required permission, absence of sewage treatment plants and failure of maintenance of facilities.
  • 9th Jan 19

    All You Need To Know About The Concept Of Rentvestor

    These are the new-age investors who, based on their lifestyle, prefer to live on rent in city centres but buy property in the suburbs to create a real estate investment portfolio.
  • 28th Nov 18

    One Of Its Kind: All You Need To Know About GIFT City

    In a move that would accelerate the business in the GIFT City, Alternative Investment Funds could now invest in the IFSC through the Foreign Portfolio Investment, the Foreign Venture Capital Investor and the Foreign Direct Investment route. The Securities and Exchange Board of India on November 27 released the guidelines for AIFs, making the GIFT City a potential destination of investment to launch offshore funds for investment in India.
  • 20th Sep 18

    Municipal Body To Take Over Two Private Builder Colonies In Gurgaon

    The city’s two posh private colonies Sushant Lok-1 and Palam Vihar will be taken over by the Municipal Corporation of Gurugram (MCG).
  • 12th Oct 18

    How Justified is Paying Taxes For The Inventory?

    From this financial year, real estate developers, who are holding an unsold unit for over a year, will have to pay 8-10 per cent of the property value as tax. Developers will also have to pay 30 per cent of the fair value of the property as tax if they lease their unsold units after April this year after Section 28 (via) was introduced in the Income Tax (I-T) Act. According to this Section, unsold inventory would be treated as a capital asset from the tax point of view.

Localities comparison in Greater Noida

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Locality name

price

Growth

Available properties

PI

8,159 - 47,835-25.1%

Sector 16C Noida Extension

7,094 - 15,296-17.3%

Sector 1 Noida Extension

6,047 - 13,000-1.7%

Sector 16B Noida Extension

5,243 - 63,671-6.8%

Techzone 4

6,568 - 16,034-7.3%

Sector 16 Noida Extension

5,439 - 9,9642.7%

Dadri

7,00011.5%

Greater Noida West

8,603 - 54,75018.4%

Pari Chowk

9,225 - 72,7253.2%
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