Mumbai and Delhi among the top 5 destinations for Real Estate Investments |
- Mumbai and Delhi among the top 5 destinations for Real Estate Investments
- Godrej Properties IPO receives good response
- MCD Proposes to hike Delhi Property Tax Rates
| Mumbai and Delhi among the top 5 destinations for Real Estate Investments Posted: Mumbai and Delhi figured in the top 5 destinations for Real Estate Investments in Asia. Mumbai, the commercial capital of India ranked second, while Shanghai, the commercial hub of China tops the list. Delhi, the national capital ranked at 4. Overall, India remains as one of the attractive Real Estate Destination in Asia.          |
| Godrej Properties IPO receives good response Posted: Not withstanding the Real Estate slowdown, the Initial Public Offer(IPO) of Mumbai based Godrej Properties Ltd. (GPL), seems to be a hit. According to the news reports, the IPO was fully subscribed on the first day itself and the shares allotted to Qualified institutional investors(QIPs) got subscribed 1.5 times. The issue ope      |
| MCD Proposes to hike Delhi Property Tax Rates Posted: While proposing a new professional tax in the latest budget, The Municipal Corporation of Delhi, recommended a Five per cent increase in existing property tax rates as part of its budget proposals for the year 2010-11. If these proposals come through, property owners in Delhi will have to bear more tax burden. Falling sho      |
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