Residential and Commercial Projects in Ahmedabad

Archive for March 26th, 2010

Rules may be eased for service tax on realty

Friday, March 26th, 2010

Home buyers and property developers need not worry about being levied a service tax if they cannot procure a completion certificate from the local authority. The government could allow some independent authority to certify that the property is complete.

Further interest rate hike could push realty prices up: DLF

Friday, March 26th, 2010

The largest real estate company DLF today said any further increase in interest rates by the Reserve Bank in the forthcoming annual monetary policy review could put upward pressure on prices.
“The Reserve Bank increased the rates to ensure that a bubble does not get created in the market. There is no bubble today. It [...]

SBI may extend teaser home loan

Friday, March 26th, 2010

Despite RBI’s reservation on teaser scheme, in which banks offer home loan to the new borrowers at lower interest rate than that to the old or existing customers, State Bank of India (SBI) indicated at extending its special home loan scheme beyond March 31.
However, the bank will re-jig the rates. At present, SBI charges [...]

Work on RTO-Chandkheda BRTS stretch to begin next week

Friday, March 26th, 2010

Roads leading from RTO to Chandkheda are going to shrink as the Ahmedabad Janmarg Limited’s (AJL) work on segregating BRTS corridor begins next week.
While the work will help speed up the efforts to bring the premier transport system to this part of the city, citizens are also worried about the digging work adding to the [...]

Stanford looks for tie-up with Ahmedabad varsity

Friday, March 26th, 2010

Ahmedabad University is in discussions to have an agreement with Stanford University. A delegation of the latter is in the city to explore the possibilities of a tie-up with city based premium institutes. While the Ahmedabad University authorities have confirmed that they are in talks with the Stanford University, they did not reveal further information.

Nano drives business at Sanand

Friday, March 26th, 2010

Zoharavar Khan can’t stop thanking the lady who brought him luck. By driving the Nano factory from Singur in West Bengal, Trinamool Congress leader Mamata Banerjee seems to have unwittingly done hundreds of villagers, like Khan, a huge favour.