Real estate builders could be heading towards tougher times with prices of steel and cement flaring up. As per a Confederation of Real Estate Developers Association of India (CREDAI) estimate,

Construction costs to surge 17% on rising steel, cement tags

Business Standard

A real estate exhibition organised recently in three Saudi Arabian cities has found that non-resident Indians (NRIs) based there are keen to invest in a wide range of residential and commercial

Indian realty mart elicits interest among Saudi NRIs

A new government order is likely to pose a threat to ongoing construction of residential and commercial projects on lands which earlier housed factories and establishments. 


New diktat may halt land development of shut units in Maharashtra

Welcome to City Light, the once barren land which is now crowded with skyscrapers of all sizes, colours and designs. 


Surat gets a new City with upmarket comforts at affordable prices

Capital value and real estate rentals of commercial property in Mumbai, New Delhi and Bangalore have declined substantially by around 15-30 per cent in 2003 and are expected to remain under pressure

Commercial realty values, rentals dip in Mumbai

Bangalore is booming, I told my visiting friend, looking my glummest. He looked his most quizzical and replied, thats good, but why do you say it as if it is the end of the world? 


Help, Bangalore is booming

West Bengal is considering modification of Urban Land Ceiling Act (ULCA) to unlock land for real estate development in the state, Ashoke Bhattacharya, minister for urban development and municipal

Bengal may amend land ceiling law

Every Monday, Business Standard analyses one family's finances and suggests a suitable way forward

Case study

Keep transferring the account, as unclaimed amount will not earn interest after three years

Job change should not deprive you of PF

Big evaders might be the target but the small guys end up getting punished

Taxman versus taxpayer

How much foreign currency can be carried for trips abroad?It depends on the purpose of the visit. For leisure trips, one is allowed to carry up to $10,000 (Rs 550,000) per financial year. Those travelling for a business purpose can carry $25,000 (Rs 13,75,000) on each visit, irrespective of the number of times or days one travels for. Patients and students are allowed to carry $100,000 (Rs 55,00,000).Are there any further restrictions?These norms might not hold true for all nations. Currency limit is lower for leisure and business trips to Nepal and Bhutan. Travellers are allowed to carry more in cash while visiting Iraq and Libya ($5,000 or Rs 275,000). Those going to Iran and Russia can take the entire amount in cash.

Tipping point

Situated on the eastern side of Pune, Magarpatta is close to the Kharadi EON IT Park, Kalyani Nagar, Koregaon Park, Fatimanagar and the Hadapsar Industrial Estate.Crossing North Main Road towards Koregaon Park annexe approaching Mundhwa Road is the new and talked-about D P Road that will connect Koregaon Park to Magarpatta.This road, from the northwest region of Magarpatta City and touching the Botanical Gardens, will make the Koregaon Park area one of its closest neighbourhood locations from Magarpatta. This connecting route from Magarpatta to Koregaon Park will fuel the development of residential projects, as it provides a vast improvement in commuting towards the CBD (Central Business District).The Magarpatta and Amanora belt is lined with beautiful housing complexes, state-of-art projects, commercial developments and an array of shopping outlets, giving a glimpse of one of Pune's most hip-and-happening areas.The rate of development in and around the Magarpatta belt in terms of resi

Quality & affordable options

My credit card payment this month was due on a public holiday, followed by a two-day bank strike. Due to this, I crossed  the date of repaying my monthly bill. The bank has denied me an extension to repay. What if the bank fines me for this?Some banks, in certain instances, may take into consideration public holidays before charging late fees if the minimum payment due against the credit card is not made by the due date. However, this might not be true across all banks and all such instances of a credit card due date falling on a public holiday. There is generally a gap of 15-20 days between the credit card statement generation date and the payment due date. The consumer is advised to make the payment at least three to five days ahead of the due date; to avoid such instances.To avoid misuse of my credit card, I have taken an in-built insurance cover to protect it from any frauds. Is there any other fool-proof mechanism to protect it further?Banks generally invest in fraud prevention to

Debt Counseling: Mohan Jayaraman

The author is a SEBI registered investment advisor. Twitter handle: <em><a href="https://twitter.com/harshroongta" rel="nofollow" target="_blank">@harshroongta</a></em>

The Budget proposal for additional home loan deduction will have little impact on the market

Invest Rs 40 lakh for tax benefit of Rs 20,000

There are some tell-tale signs such as slowdown in construction or absence of communication

Act before the builder goes bust

Markets have survived high valuations & an average Budget. Will the money-laundering sting prove the last straw?The credit policy tomorrow could determine the short-term trend. It comes at an interesting moment. Inflation, in general, is rising but "core inflation", eliminating food and energy, is lower. There is intense pressure on the Reserve Bank of India (RBI) to cut rates. The finance minister and the chairman of the Economic Advisory Council have both indicated they hoped the central bank would ease monetary policy.However, the numbers make it pretty much impossible for RBI to "cut hard", if one may borrow from cricket jargon. The RBI governor's recent speech at the London School of Economics indicates he might not want to cut at all.At best, RBI will reduce the repurchase rate by 25 basis points. There isn't much space to reduce the cash reserve ratio (CRR). Given the stressed condition of their balance sheets, banks could also be reluctant to pass on any cuts, especially pu

RBI's largesse may spark rally

No TDS is good, but it need not mean higher returns for all

Tax-free bonds good for those in higher bracket

Personal Finance: Read about the smart strategies for Personal Finance Planning, Investing, Insurance, banking, budgeting, loans Tax Planning, retirement and insurance. Browse Business Standard to learn more on Personal Finance.

Personal Finance: Investing, Planning, Retirement, Loans, & Insurance | Business Standard

Read about the smart strategies for Personal Finance Planning, Investing, Insurance, banking, budgeting, loans Tax Planning, retirement and insurance. Browse Business Standard to learn more on Personal Finance.

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