India
'Indian real estate, one of the better performing mkts'
According to the latest RICS Global Commercial Property Survey (GCPS), real estate performance in emerging markets, such as South America and Asia, is leading that in more developed countries.
Tax on newer properties to fall sharply The Times Of India 28.08.2010 | More transparency in real estate buying The Economic Times 28.08.2010 |
 MUMBAI: There's good news for residents of newer properties, who will soon pay close to half the property tax they pay now. However, already faced with a financial crunch, the BMC could see its revenue dipping further, as property tax is its second largest source of revenue after octroi. Last year, the BMC earned Rs 2,700 crore as revenue from property tax. |  The credit ratings agency CRISIL recently launched real estate ratings in India, which would help common buyers make informed purchases and is expected to bring in more transparency in real estate buying the system will work on a project-specific basis and rate it on a on a scale of one to seven stars after comparing with other alternatives available in the same city. |
Growing demand for fractional property in India FractionalLife.com 10.03.2010 | Indian demand for office space likely to improve in 2010Staff Writer Asia Pulse 03.03.2010 |
 Country Club India, one of the fastest growing leisure and entertainment operators in Asia, is set to introduce fractional ownership properties to a range of its developments. |  The demand for office space in India is expected to be improve in the current year although rentals are likely to be flat, according to real estate consultancy CB Richard Ellis. |
Amari enters into a joint venture with Mandeep S Lamba to create Amari India Amari Corporate Communication 17.02.2010 | Real estate bubble building up again in MumbaiRajshri Mehta DNA 31.01.2010 |
 Amari, Thailand’s leading domestic hotel management company, today announced a strategic joint venture partnership with Mandeep S Lamba, previously the Managing Director and Founder of Ten Hotels Pvt Ltd, a hospitality management company headquartered in Gurgaon, New Delhi, to launch Amari India. |  Mumbai: Mumbai’s real estate prices have begun to run amok once again, suggesting that another realty bubble is in the making. In a quick reversal from last year’s recessionary trends, residential property prices which had dropped by almost 35% in some areas have risen sharply in the last nine months and are now close to their earlier peaks of 2007-08. |
Rich & NRIs eye foreign properties The Economic Times 08.11.2009 | India’s rapid urbanisation puts local govt. under pressure Property Report 26.10.2009 |
 NEW DELHI: With real estate prices in the niche segment in India showing signs of robust recovery, high net worth Indians and NRIs are again eyeing foreign shores for real estate investments. |  Rapid urbanization is placing significant stress on the budgets of India´s local governments and more must be done to improve their financial status to enable them to fund infrastructure projects and delivery of essential services. |
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