Archive for the ‘Uncategorized’ Category

PARSVNATH TO HOLD 38% IN BHATIA’S NANOCITY

  
 
Finally it’s official. Delhibased realtor Parsvnath Developers will hold 38% stake in the Rs 1,800-crore Nanocity project. The company would be subscribing to the capital of Nanocity, which is a joint venture between Sabeer Bhatia and Parsvnath Developers. Nanocity will have projects relating to nanotechnology, biosciences, software product development, materials research etc.    A new [...]

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RESIDENTIAL RATES RISE IN GHAZIABAD

THE HIGH DEMAND FOR RESIDENTIAL, INDUSTRIAL AND COMMERCIAL PLOTS HAS INCREASED THE CIRCLE RATES IN GHAZIABAD.
After Noida and Greater Noida, it is now the Ghaziabad’s turn to see a rise in land rates meant for residential purposes. New circle rates have been proposed to bridge the gap between real estate prices and existing sector rates. [...]

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STOCK OF UNSOLD HOMES RISES IN THE US

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Sales of formerly owned homes in US fell last month and the accumulation of unsold properties hit a record high, according to data on Friday that suggested the market’s downturn still has a long way to run. Home resales fell 1% in April to a 4.89 million-unit annual rate, the National Association of Realtors said. [...]

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An amendment to Hindu property law elevated some heirs in the line of succession

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After an amendment to the Hindu Succession Act 1956 in the year 2005, more descendants, specially females, have been elevated as Class I heirs in respect of property left behind by a Hindu male, who has died intestate i.e. without making a Will. The Hindu Succession Act 1956 is a codified law dealing with the [...]

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