Saturday 25th May 2019,
Radio Metta

Buyers

Home buyers stepping in to bailout stressed real estate developers

Home buyers stepping in to bailout stressed real estate developers

But experts feel the move has it’s own set of hurdles Home buyers are increasing resorting to bailing out stuck real estate projects which the developers are unable to deliver for want of funds. The amended Bankruptcy Law which treats homebuyers on par with secured financial creditors is also facilitating this trend. However, experts are [...]

March 9, 2019 Loknath Das Real Estate Comments Off on Home buyers stepping in to bailout stressed real estate developers

Budget 2019: Real estate industry expects better affordability for buyers and reduced costs for developers

Budget 2019: Real estate industry expects better affordability for buyers and reduced costs for developers

From the upcoming interim budget, real estate sector stakeholders will be looking forward to measures that will boost demand and lower costs for developers. Expansion of the income tax deductions available to home buyers can incentivize first time buyers and support demand growth. The deduction available on interest paid on loans taken for acquisition of [...]

January 16, 2019 Loknath Das Real Estate Comments Off on Budget 2019: Real estate industry expects better affordability for buyers and reduced costs for developers

Spotlight: Fireball Approves Aims to Protect Online Buyers from Scams

Spotlight: Fireball Approves Aims to Protect Online Buyers from Scams

The sharing economy and online selling platforms have brought about many new opportunities for entrepreneurs and consumers. But it has also led to new opportunities for scammers. Sometimes, spotting a scam can be difficult for an individual. That’s where Fireball Approves comes in. The company’s owner was once almost a scam victim herself. And the experience led [...]

June 14, 2018 Loknath Das Business Comments Off on Spotlight: Fireball Approves Aims to Protect Online Buyers from Scams

Auction wrap: range of buyers call southeast ‘home’

Auction wrap: range of buyers call southeast ‘home’

Onlookers at an auction over the weekend.Source:News Corp Australia BUYERS have had to negotiate with agents and vendors to score their dream homes in the southeast over the weekend. It was a happy weekend for one first home buyer in Randwick who had to negotiate with agents before snapping up an art-deco unit at 5/1 Stark St for $805,000 [...]

March 14, 2018 Loknath Das Home Deco Comments Off on Auction wrap: range of buyers call southeast ‘home’

SA auction preview: Melrose Park Deco style reels in the buyers

SA auction preview: Melrose Park Deco style reels in the buyers

60 Corunna Avenue, Melrose Park. Harris Real Estate. THERE are 66 auctions scheduled in South Australia this weekend and among them is an 1940s Art Deco charmer in Melrose Park. The three-bedroom home at 60 Corunna Ave, which sits on a 694sqm block, was the most-viewed home going to auction this week on realestate.com.au. It was [...]

March 10, 2018 Loknath Das Real Estate Comments Off on SA auction preview: Melrose Park Deco style reels in the buyers

Sothebys real estate arm to tap HNI buyers

Sothebys real estate arm to tap HNI buyers

MUMBAI, APRIL 27:   Sotheby’s International Realty, the real estate arm of the auction house Sotheby’s, said it is expanding its presence in the domestic market with offices in top eight metros. Even as the company plans to open its Mumbai office by mid-2017, it also plans to add two more India desk targeting Indian diaspora [...]

April 27, 2017 Loknath Das Real Estate Comments Off on Sothebys real estate arm to tap HNI buyers

Homes delivered, but cash crunch stops buyers from moving in

Homes delivered, but cash crunch stops buyers from moving in

For many buyers, the joy of receiving possession of their homes is fast turning to dismay as they cannot rustle up the finances for relocation – that too in cash. Builders too are citing demonetisation and the subsequent labour crunch as reasons for delay in projects getting completed on time. Santosh Kumar, who received delivery [...]

December 18, 2016 Saheli Real Estate Comments Off on Homes delivered, but cash crunch stops buyers from moving in

Gold demand drops 10 percent as jewellery buyers, central bankers shy away – WGC

Gold demand drops 10 percent as jewellery buyers, central bankers shy away – WGC

Falling consumer demand and a halving of central bank purchases resulted in a 10 percent drop in gold buying in the third quarter, data from the World Gold Council showed on Tuesday, despite a rise in investment. Added to a 4 percent rise in supply, that pushed the overall quarterly gold market surplus to 166.3 [...]

November 8, 2016 Saheli Business Comments Off on Gold demand drops 10 percent as jewellery buyers, central bankers shy away – WGC

NYC Real Estate Pros Tell Us What Buyers Are Looking For in a Home Right Now

NYC Real Estate Pros Tell Us What Buyers Are Looking For in a Home Right Now

What is selling in New York right now? Toni Haber: From a price perspective, it’s $3 million and under, a much more brisk market. The product that’s selling more is the building that has really nice finishes. Are those mainly new buildings, or are they older and refurbished? TH: Mostly, new construction is doing better. [...]

August 19, 2016 Saheli Health Comments Off on NYC Real Estate Pros Tell Us What Buyers Are Looking For in a Home Right Now

New regime to cement real estate sector, benefit buyers

New regime to cement real estate sector, benefit buyers

A single consolidated tax, freeing the real estate sector from 16 major taxes and levies, has the real estate sector pumped. Sector experts believe the proposed national goods and services tax (GST) would streamline the domestic supply chain and have a beneficial effect for home buyers. “Streamlining the sector’s domestic supply chain will lead to [...]

August 6, 2016 Saheli Real Estate Comments Off on New regime to cement real estate sector, benefit buyers

Foreigners to pay new B.C. property transfer tax: The impact of Bill 28 on foreign buyers of real estate

Foreigners to pay new B.C. property transfer tax: The impact of Bill 28 on foreign buyers of real estate

During the past several years, public concern has increased in the Greater Vancouver Regional District (the “GVRD”) over the steep rise in home prices. For many residents of the GVRD, owning a home has become beyond their reach. The affordability and availability of rental units is also becoming increasingly problematic in the GVRD. The situation [...]

July 29, 2016 Saheli Real Estate Comments Off on Foreigners to pay new B.C. property transfer tax: The impact of Bill 28 on foreign buyers of real estate

Home buyers seek Real Estate (Regulation and Development) Act draft rules review

Home buyers seek Real Estate (Regulation and Development) Act draft rules review

NEW DELHI: A group of home buyers has claimed that the draft rules for the Real Estate (Regulation and Development) Act circulated by the government recently ignores the interest of buyers in ongoing housing projects and should be reconsidered. The group, under the banner ‘Fight for RERA,’ pointed out that the draft rules don’t specify [...]

July 7, 2016 Saheli Real Estate Comments Off on Home buyers seek Real Estate (Regulation and Development) Act draft rules review