Category Archives: Indian Property News

RBI hints at another CRR cut as liquidity remains tight

BUDGET 2012 Foreign bank a/cs, paintings, watches may attract wealth tax under DTC New Delhi, February 21 Deposits in foreign banks, paintings, sculptures and expensive watches may come under the wealth tax net as part of the government’s drive to … Continue reading

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Radisson hotels’ Brit-Indian boss sued by father for ‘failing to share £415m …

London, Feb 22 (ANI): One of the richest Indian businessmen in Britain, Jasminder Singh, the owner of the Radisson Edwardian Hotels Group, has been sued by his father for 100 million pounds for excluding him from the family business and … Continue reading

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Soaring rents worry retail chains

Both Indian and international retailers find the challenge of locating suitable commercial space daunting. Now, such space is also one of the most expensive internationally. So much so retailers say the ‘shocking’ and ‘unbelievably high’ property prices savage their rent-to-revenue … Continue reading

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Indian-origin minister jailed for corruption in Nepal

Nepal’s Indian-origin Minister for Information and Communications J P Gupta was today jailed for one-and-a-half years and fined Rs 8.4 million by the Supreme Court for amassing property worth Rs 20.8 million through illegal means. A division bench of Justices … Continue reading

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Rs 18 crore building, purpose yet unknown

NAGPUR: The massive building near the old Indian Airlines office in Civil Lines will be inaugurated by union commerce minister Anand Sharma. The patent information system (PIL) – previously housed at the CGO complex at Seminary Hills – has shifted … Continue reading

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Mumbai slips in rankings of most pricey office markets

No Indian city figures among the top 10 most expensive office space markets for the first time in six years, according to an annual report by property advisory Cushman and Wakefield. The listing is based on rental rankings. Mumbai’s Nariman … Continue reading

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As black bear numbers increase, so do hunts

National Park Service via AP, file A mother black bear and her cub are seen along Indian Grave Gap Trail near Townsend, Tenn. Decades after President Theodore Roosevelt triggered a Teddy bear craze, the black bear nearly went extinct. But … Continue reading

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La Quinta Real Estate Broker Launches New Coachella Valley Real Estate Website

La Quinta, CA (PRWEB) February 21, 2012 Homebuyers, sellers, and vacationers interested in rentals in the Coachella Valley can now turn to a new online resource that will help them achieve their real estate goals—http://www.johnwayneinc.com. This new website provides another … Continue reading

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NRIs seek stability in real estate

Om Ahuja Recently an acquaintance – a fund manager by profession – relocated to India to set-up a domestic private equity (PE) fund here. He had invested in a Mumbai residential property strategically located close to the primary business district … Continue reading

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After 6 years, Indians visit ancient temple in Pak

Sopore shuts against youths killing G M BHAT Sopore, Feb 20: This north Kashmir town observed a complete shutdown on Monday against the killing of a youth Omar Rasool Kaboo, 20, of Arampora here by unidentified gunmen on Sunday. Omar … Continue reading

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