Global investors pulled out $138 Crore from India focused equity funds

Global investors continued to withdraw their money from India-focused equity funds in the first six months (January-June) of 2011. They pulling out USD 138 crore even as inflows into funds targeting developed markets touched nearly USD 5,000 crore. According to internation…

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Taxpayers can now file returns through Cell phones

Online income tax return filing company TaxSpanner today announced launch of mobile version of its solution that would enable users to file income tax returns (ITR) from their handset. Mr. Ankur Sharma, CEO, TaxSpanner said, "After introducing the eFile by eMail option…

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Salaried individuals with less than Rs. 5 lakh, NoTax file returns- Is it useful ?

Salaried peoples with taxable income of less than Rs. 5 lakh will not have to file income-tax returns in the current assessment year (2011-12). The finance ministry notified the scheme on recently, spelling out the conditions for the exemption announced in the Budget 201…

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Patel Realty launches integrated residential project in Bangalore

Patel Realty launches luxury  integrated residential project in Bangalore, Townsville at Neotown. July 07, 2011 Patel Realty India Ltd, a subsidiary of Patel Engineering Group, has announced the launch of its new luxury residential project – Townsville at Neotown,  integra…

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Real estate investment: Buyers need to take extra Precaution

Real estate investment is still the best in the all environment. But, buyers need to take extra precaution, as follows: * First precaution is the is the real estate company's background- how long are they into Real Estate business or are they one timers- This is Very Ver…

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Unitech’s plotted project Birch Court in Chennai

The leading real estate company Unitech has recently launched Birch Court, a plotted development initiative on the periphery of Chennai. The Birch Court forms part of the ongoing 220-acre integrated residential township project, Uniworld City at Nallambakkam village, off th…

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UAE, extension of visas for real estate investors from 6 months to 3 years

July 06, 2011 The UAE (United Arab Emirates) federal government has approved the extension of visas for real estate investors from 6 months to 3 years, it has been announced. This is likely to boost a struggling the UAE real estate market and boost investor confidence, was…

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DLF expects Rs 700 crore sales from Gurgaon plots

July 06, 2011 India's largest realty firm Gurgaon based DLF will launch 400 plots in Gurgaon and is expecting sales realisation of about Rs 700 crore from this project over the next two years. While announcing its annual result last may (2011) month, DLF had said that t…

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DLF plans to sell stakes in IT parks for Rs 1,300 crore

DLF plans to sell stakes in Pune,  Noida IT parks for Rs 1,300 crore Gurgaon Based DLF, India's largest real estate company, will sell its shareholding in two IT SEZs in Pune and Noida, for a combined value of Rs 1,300 crore, as it steps up the disposal of non-core assets…

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Ratan Tata chooses Retirement home

Sea-facing house at Colaba (part of the city of Mumbai) is getting ready to welcome Tata Sons chairman Mr. Ratan Tata, as he prepares to hand over the reigns of the salt-to-steel-to-software business group to his successor. The house has received a partial occupancy certifi…

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