Apr 01 2021, 6:25 PM
April 01 2021, 1:03 PM
April 01 2021, 6:25 PM
As the first wave of coronavirus infections surged towards a record in July last year, forcing most Indians indoors, India Sothebyâs International Realty brokered the sale of a bungalow worth more than Rs 100 crore in Kolkata. More than 3,700 square yards of luxurious living space designed for a single family.âFor the Kolkata market, the price tag of Rs 100 crore is a big number,â Amit Goyal, chief executive officer at India Sotheby .
As the first wave of coronavirus infections surged towards a record in July last year, forcing most Indians indoors, India Sothebyâs International Realty brokered the sale of a bungalow worth more than Rs 100 crore in Kolkata. More than 3,700 square yards of luxurious living space designed for a single family.
Synopsis
“Gurgaon deals will be hampered, especially in the ready-to-move in property segment, where the buyer has to pay the stamp duty on transaction. At this time, when people are consolidating their real estate portfolio into a better upgraded home to live in, this move might push home buyers towards under construction apartments, where registration of property is 3-4 years away,” said Anubhav Jain, CEO, Silverglades Group.
Agencies
With the latest imposition of additional taxes, Haryana s markets would crash due to the additional financial burden being placed on buyers.
Haryana government’s plan to impose 2 percent additional duty on transfer of immovable properties, will put Gurgaon’s real estate market at a disadvantage, according to property developers.
Demand for luxury housing improves in national capital business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.
India SIR and HDFC Home Loans come together to offer benefit to luxury home buyers
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Synopsis
The selection of properties on showcase will comprise of properties from Delhi’s most sought after markets, Jor Bagh, Vasant Vihar, New Friends Colony and also apartments from select luxury projects of Gurgaon and Noida.
Agencies
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Expecting an increase in demand for luxury honed, following the government’s notification to reduce the circle rate, India Sotheby’s International Realty (India SIR) and HDFC Home Loans have come together to exhibit a curated collection of the luxury properties including ready-to-move-in homes and new developments across Delhi NCR.
Homebuyers are actively looking at purchasing prime residential properties, she said. HDFC Home Loans and India Sotheby s International Realty are jointly organising Delhi Luxury Home Fair 2021, an online property show during March 6-21. The show will exhibit luxury properties including ready-to-move-in homes and new developments across Delhi NCR in a price range of Rs 5 crore to Rs 150 crore. HDFC always aims at giving customers the best value and service on home loans. With a circle rate reduction of 20 per cent in Delhi and home loan rates at a historic low, home buyers are actively looking at buying good quality property, said Renu Sud Karnad, Managing Director, HDFC Ltd.