Newly built house is available in Ludhiana

Newly built house is available in ludhiana in very reasonable cost, half furnished, interiorly decorated, marbled floor. Houses are available in sizes 75 and 100 sq. yards. Interested one can contact us on 918010590047 or tushar@needmyhome.com

How to Color your home

After purchasing a house or after shifting into new house, everyone plans to decorate their home in their own way, in their own style. Some tries to make their wall looks beautiful by attaching pictures, decorative items like lamps, bulbs etc. Some tries to make their flooring looks to be best. In all of these one thing is common to every house and equally important to each house in terms of decorative as well as style manner that is coloring of house. Walls colors, roof colors specially make their your home to appear attractive. 

How to color your house - 

The most used way to color your home is according to your architecture. You can create different color combinations according to the architecture material present in different respective locations. For this many companies provide services to help you to choose your best color combinations. They also have many planned color combinations from which you can select the attractive one.

Some of the biggest companies available in market are Asian paints, Nero lac etc. You can view there color schemes online also via these links - 

www.asianpaints.com

www.nerolac.com

Some more companies are -

www.bergerpaints.com

www.shalimarpaints.com

www.dulux.in

For a bolder approach, try using two different colors in the same room. For example, paint a built-in bookcase or niche a shade of green in a room with blue walls, which will highlight the items on the bookcase or inside the recessed area. Of course, architectural elements can also provide continuity throughout a house if they are painted the same color in every room.

If you want to know more about home decoration and maintenance, kindly subscribe me in my blog or email me at tushar@needmyhome.com. 

Thanks 

How to Register your House / Flat

According to Section 17 of the Indian Registration Act 1908, it is necessary to register your property with all valid documents to property registrar to prove your ownership on that particular property. If you are failed to show the registered documents, or registrar could not able to recognize your documentation, then according to Section 49 of the Indian Registration Act 1908, you have no right on the particular property. In other words, the law does not recognize unregistered owner and does not give him any rights over the property.

How to register - 

To register your property, it depends upon, if you purchased that property directly from builder or developer, or, you have purchased that property from third party.You have to submit the actual stamp duty according to the actual price of the property.It takes 7- 15 days at the registrar office to get your property registered. The registration documentation should also have to mention its previous owners details if the property is purchased from the third party .

Don't pay money in Cash - 

According to Ind Act 1908, it is illegal to pay price of the property through cash. The total cost of the property should be payable by CHEQUE or DEMAND DRAFT that makes its correct value to pay total token fees for the documentation. If you pay or take any of the part of the total price of property by cash, then it comes under the black money, which is illegal.

I will post more things about property acts and property maintenance ahead in this blog. So please visit that blog regularly and subscribe yourself so that you can get better updates. 

How to design your Home

In Today's life, every one wants to make their home beautiful and attractive to eyes of another one. Now Italian kitchens, wooden rooms are making special appearances in people's interests. You can modify your home to these new changes with the help of architects available in market now. Some new changes that people want now in there homes are - 

Italian kitchen with Auto sink chimney

Inner lightnings in roof

Special effects in roof wooden bases

Same Dining and Guest room with Curtains

Two sided open bathrooms

And many more.....

New Century 21 also providing you these type of services in your homes or new homes built by New Century 21 with attractive rates. You can also visit our office to view sample designs or Sample house which is already bhuilt. To move towards us, kindly contacts us at tusha0tsn@gmail.com, or subscribe us..

Tushar Sharma  - 918010590047

Sukhjinder Singh Sachdeva - 918872808037

  

Building Material Rate Increases

After continuous growth in Petrol/ Diesel prices, prices of building materials are also increases. Various builders are supposed to increase their rates in their forth coming properties. However property rates remained same for those who are already completed or tends to be completed.

DDA in Delhi also decreases their current property rates due to increased competition in respective stats of current market.

For more property Update, subscribe us -

Or mail us at tushar0tsn@gmail.com

Best homes available in Delhi

Flats/ Independent houses are available in Delhi for Sale and Rent purpose.

Interested ones contacts us on

Tushar Sharma - 918010590047

Halls/ Floors are available for rent on purpose of Retail Stores/ Wall Marts/ Shopping Hubs in Delhi.

Big Halls/ Floors are available for the purpose of Retail Stores/ Wall Marts/ Shopping hubs on rent basis in Moujpur, Delhi. Halls are available on Main Road Market with easy to approach place. Halls are big in size available in Ground and Single floors with length wise superiority. Fully marbled floor with long upside wall distance. Interested ones can contact us on the undersigned or email us at tushar0tsn@gmail.com.

You can subscribe us on our blog and one of our support team will contact you shortly. You can also contact us for any other property related query like Sale/ Purchase/ Rent. We will surely help you according to your needs.

Tushar Sharma - 918010590047

tushar0tsn@gmail.com 

Plots available for Sale in Ludhiana

Plots are available for sale at Satjot Nagar/ Malawal , Ludhiana. Plots are available in different sizes if 150 sq. yard and 100 sq. yard areas having beautiful locality locations. These plots are available at free hold, having negotiable prices. Financial loans services are available for the same. Those who are interested, kindly contacts us to the undersigned or email us at tushar0tsn@gmail.com.

Sukhjinder Singh Sachdeva - 918872808037

Tushar Sharma  - 918010590047

You can also subscribe us on our blog and one of our company member will contact you as early as possible. Remember to give your contact number to us. Hope to have a great business ahead.

Property Investments

According to the recent data collection from India economist, property investments are emerging as safest and advantageous investment in the country. How ever booming in property laid down in past few months. But after increase in FDI (Foreign Department Investments ) in property sector, by recent government decision to boom economy, properties reemerging as best investment way. The never loss property of Real Estate market makes it best choice for investors. Property enhancing its growth at every place of our country now due to the demand of better earn and better life for peoples. Government now planning to give subsidies in property registration taxes to improve the economy branch of this sector. Various foreign countries are showing interests to place their legs in real estate or public infrastructures of our country. The rates never decreased policy which can be applied to most of the properties makes their demand on peak. Banking sector is also showing keen interest in properties line to give financial help to customers through their home loans, property loans plans that also advantageous for banking sector also. The stability cause in this area more increases due to easy available financial helps through banking sectors.

Under-construction Projects Force Alterations In Ludhiana Metro Path

LUDHIANA: The Ludhiana Metro Rail Project will have to incorporate certain changes in terms of design and location of the depots keeping in view the under construction projects in the city. A detailed report of the project would be prepared at Delhi in consultation with the officials of Delhi Metro Rail Corporation (DMRC).

Additional municipal commissioner-technical H S Khosa, who is the nodal officer for city's metro project, said the surveying DMRC official recommended a change in location of the depots on two metro corridors in the city.

The depot on the first corridor, which was earlier planned near Ayali Chowk, will now be constructed at Jhande Village, while the depot on the second corridor, that was earlier planned at Gill village, will now be constructed near Gill Bypass on Ludhiana-Malerkotla Road, said Khosa. The other changes that will have to be incorporated in the design of the metro project in wake of other ongoing projects, like construction of Southern Bypass, are raising the height of the elevated metro path near Gill Bridge on Sidhwan Canal.

There would be several other changes in the design of the metro path near Gill Road, in order to decrease the trouble for residents. These would include reducing the size of parking lots at stations along Gill Road and design changes near Gill Flyover.

The other major bottlenecks in the existing metro design are at Samrala Chowk and Bast Jodhewal Chowk, which will be reworked to ease commuters' troubles on these routes. The ongoing National Highway project on Samrala Chowk would demand the planning of metro project in its accordance. At Basti Jodhewal Chowk, the authorities are looking for an alternative path, as a gurdwara falls on the current metro path and could hinder the project in future. The two corridors of the Ludhiana Metro Rail Project covering 28.833kms through 27 stations were surveyed by joint general manager of DMRC R G Sharma on Monday and Tuesday.

"He would prepare a final report in consultation with other DMRC and Rites officials and send a copy to us," said Ludhiana MC commissioner and project chairman R K Verma. Most of the projects forcing alterations in design now were not on ground when the DPR for Ludhiana metro was first prepared in 2009. 

Independent Homes/ Kothi availbale for Rent/ Paying Guest/ Hostel

Paying Guest/ hostels available in Newly built Independent Kothies / Houses in Satjot Nagar, Ludhiana in very reasonable and negotiable prices. The houses are available in 675 sq.feet area and 900 sq.feet areas with all special features. Some special features are modular kitchen, down ceiling roof with lightning, Cupboard with LCD/LED wall having internal lightning, full marble floor, full wooden work using non-painted fully polished ceramic wood. The inbuilt configurations are given below for both type of houses -

1)- For 675 sq.feet house - 2 bedrooms 2 bathrooms  Guest room  Lobby  Both 4 wheeler & 2 wheeler parking space.

2)- For 900 sq.feet house - 3 bedrooms  3 bathrooms  Guest rooms  Lobby  Both 4 wheeler & 2 wheeler parking space.

These houses are built in Block D, Satjot Nagar and Star Colony, Malawal, Ludhiana nearest to all specified places like shopping place, school and hospitals.

Interested Ones can contact to 919780979795, 918010590047

Newly built Independent House in Star Colony, Manakwal in very reasonable and negotiable prices. The house are built in 900 sq.feet areas with all special features. Some special features are modular kitchen, down ceiling roof with lightning, Great Front Architecture having internal lightning, full marble floor, full wooden work using non-painted fully polished ceramic wood. The inbuilt configurations are given below for the same-

900 sq.feet house - 3 bedrooms + 3 bathrooms + Guest rooms + Lobby + Both 4 wheeler & 2 wheeler parking space.

This house are built in Star Colony, Manakwal, Ludhiana nearest to all specified places like shopping place, school and hospitals.

Interested ones can contact to - 

Sukhjinder Singh sachdeva - 919780979795

Tushar Sharma - 918010590047

Property Investment In Ludhiana (Punjab)

Ludhiana – As real estate developers spread their operations past A grade cities, and prepare to urbanize the rural landscape, small towns are getting the best of both worlds – a low cost but high value, pollution free lifestyle. Stylish homes and swank malls are no longer the preserve of metros alone, and Ludhiana is one such city, where real estate development has thrived.The city has long been known for its very affluent population – the Punjabi entrepreneurial spirit has made Ludhiana the country’s sports and knitwear capital. Characterized by unplanned development till the state government’s urbanization policy which encouraged private property developers, Ludhiana will soon boast of the largest malls and value-added commercial spaces in the country.

Real estate in Ludhiana has grown along the arterial roads leading out to Chandigarh, Jalandhar and Ferozepur. Improvements in city infrastructure and the access given to established property developers of North India facilitated a conducive environment for real estate to develop quality projects.

Real Estate Projects in Ludhiana

Commercial property: Ever since the urban policy of the Punjab government came into force in 1997, the property market in Ludhiana has seen an upward trend. Mall Road, Ferozepur Road, Link Road, Ghumar Mandi, Sarabha Nagar Market and Feroze Gandhi Market have emerged as new retail and business zones, even as residential properties in the heart of Ludhiana get converted to commercial spaces, especially on Pakhowal Road.

The City Centre, the 4th largest project of its kind in the world, is spread over 26 acres on Shaheed Bhagat Singh Nagar at a cost of Rs. 2,000 crore. With a helipad, a mini golf course and provision for 8000 cars in the parking lot, the City Centre has sent property rates in Ludhiana zooming.

With the involvement of the Ludhiana Improvement Trust, Today Homes and Infrastructure, Larsen and Toubro and the world’s leading architectural firm HOK, City Centre promises the biggest shopping malls in the country, 12 multiplexes, museums, parks, food courts, five star hotel and residential apartments,

As many as 11 malls are on Ferozepur Road and GT Road, and established retail malls include the Ansal Plaza Mall, Centrestage Mall and Vishal Mega Mart.  Omaxe Plaza and Omaxe Mall on Ferozepur Road are offering commercial spaces on lease, in contrast to the local trend of selling off the developed properties

On Chandigarh Road, commercial projects are on the anvil for telecom and other service sector corporates. The international airport at Halwara is expected to further commercial activity along Jalandhar Road as well.

Residential Property: With independent houses still the choice of homemakers in Ludhiana, residential apartments and high rises have not been able to make a mark here. Sarabha Nagar, Kitchlu Nagar, Gurdev Nagar, BRS Nagar, Civil Lines and Club Road are posh residential colonies in West Ludhiana. 

Apna Punjab, an NRI Township, South City and Samrali Farms are residential projects on the outer ring of Ludhiana. Chandigarh Road is also developing integrated townships and mixed-use projects. AKME Projects are the AKME POLIS Model Township near Kohara on this road

Plotted residential properties are also available in Model Town Extension, Rajguru Nagar, Maya Nagar and Green Park .

Prices are expected to stay stable and affordable in 2013 for those looking to invest in Ludhiana.

Real Estate Industry In India

The real estate sector in India has come a long way by becoming one of the fastest growing markets in the world. It is not only successfully attracting domestic real estate developers, but foreign investors as well. The growth of the industry is attributed mainly to a large population base, rising income level, and rapid urbanisation.

The sector comprises of four sub-sectors- housing, retail, hospitality, and commercial. While housing contributes to five-six percent of the country’s gross domestic product (GDP), the remaining three sub-sectors are also growing at a rapid pace, meeting the increasing infrastructural needs.

The real estate sector has transformed from being unorganised to a dynamic and organised sector over the past decade. Government policies have been instrumental in providing support after recognising the need for infrastructure development in order to ensure better standard of living for its citizens. In addition to this, adequate infrastructure forms a prerequisite for sustaining the long-term growth momentum of the economy.

Market Size/ Growth Prospects

The total revenue of the real estate sector was US$ 66.8 billion during 2010-11. By 2020, the sector is expected to earn a revenue of US$ 180 billion. In fact, the demand is expected to grow at a compound annual growth rate (CAGR) of 19 per cent between 2010 and 2014, with tier I metropolitan cities projected to account for about 40 per cent of this.

Growing infrastructure requirements from sectors such as education, healthcare and tourism are providing numerous opportunities in the sector. Further, India is going to produce an estimated two million new graduates from various Indian universities during this year, creating demand for 100 million square feet of office and industrial space. In addition, presence of a large number of Fortune 500 and other reputed companies will attract more companies to initiate their operational bases in India thus, creating more demand for corporate space.

Investments

India is ranked 20^th in the list of world’s top real estate investment markets with investment volume of US$ 3.4 billion in 2012, according to the latest report titled 'International Investment Atlas' by Cushman & Wakefield. The sector is set for robust inflows of US$ 4-5 billion from overseas investors in the next couple of years, with Bangalore, Delhi and Mumbai emerging as the favourites, according to Jones Lang LaSalle, a global real estate consultancy giant.

Construction development sector (including townships, housing, built-up infrastructure & construction-development projects) has attracted a cumulative foreign direct investment (FDI) worth US$ 22,007.67 million from April 2000 to February 2013. FDI flows into the construction sector for the period April-February 2012-13 stood at US$ 1,260 million, according to the department of industrial policy and promotion (DIPP).

Bengaluru witnessed the highest number and value of private equity investments at Rs 32.5 billion (US$ 585.57 million) in 2012, recording more than double of investment over last year, followed by Mumbai with Rs 13 billion (US$ 234.17 million) and National Capital Region (NCR) with Rs 7 billion (US$ 126.09 million) of investments.

India needs to invest US$ 1.2 trillion over the next 20 years to modernise urban infrastructure and keep pace with the growing urbanisation, as per a report released by McKinsey Global Institute (MGI)-India's urban awakening.

Some of the major investments in the Indian real estate sector are:

• Ashiana Housing Ltd plans to foray into Gujarat's real estate with its first project worth Rs 100 crore (US$ 18.01 million) at Halol
• Mr Akhilesh Yadav, Chief Minister of Uttar Pradesh (UP) has inaugurated and laid the foundation of development projects worth Rs 3,337 crore (US$ 601.21 million) pertaining to Noida, Greater Noida and Yamuna Expressway
• Wave Infratech plans to invest Rs 500 crore (US$ 90.08 million) to set up its first affordable housing venture in the Delhi national capital region (NCR) area
• Mahindra Lifespace Developers has bought the stake of private equity Arch Capital in its joint venture residential project at Chennai. The buyout of the stake was estimated to be around Rs 70 crore (US$ 12.61 million)
• Godrej Properties Ltd (GPL) has signed a development management agreement with United Oxygen Company Pvt Ltd to develop residential housing project in Bengaluru. The project will offer approximately 1,000,000 sq. ft. of saleable area and will be developed as a residential housing project

India's property prices- now falling, in real terms

Recently, Indian property price increases have slowed sharply. Of the 15 major Indian cities covered by the NHB Residex, nominal house prices rose in 9 cities and fell in 6 cities during the year to end-June 2012. However, when adjusted for inflation, house prices fell in more cities (11 cities) than rose (4 cities). 

During the year to end-Q2 2012, house prices in New Delhi rose by 17.01% - but this was the lowest annual price increase since Q4 2010, according to the National Housing Bank (NHB). When adjusted for inflation, house prices in Delhi increased by only 6.23%.

In Mumbai, house prices rose by 8.84% (-1.18% inflation-adjusted) y-o-y to Q2 2012.

Pune registered India’s highest annual house price increase of 33.33% (21.06% inflation-adjusted) during the year to end-June 2012. Chennai and Jaipur also recorded strong house price increases of 24.6% (13.12% inflation-adjusted) and 21.88% (10.65% inflation-adjusted), respectively.

In contrast, Kochi, in Kerala, had seen the biggest annual house price fall of 31.78% (-38.06% inflation-adjusted). It was followed by Bhopal (-7.59%),Hyderabad (-6.59%), Patna (-4.11%), Surat (-2.68%), and Faridabad(-1.36%). When adjusted for inflation, all of these cities registered double-digit house price falls.

Based on the NHB Residex, Chennai has the most expensive housing in India while Kochi had the cheapest (figures as of June 2012).

Property sales in Mumbai had fallen by 70% by late-2011, from their peak levels in 2007, according to Firstpost. In central Mumbai, unsold units accounted for more than 45% of total launched housing units by late-2011.  Similar drops in demand can be seen in other Indian cities.

DFL, India’s largest real estate developer, is projected to cut new project launches. Another property company, Unitech, said that it will halt new projects over the next few months.

The Indian economy has been slowing sharply. During the first quarter (April-June) of the fiscal year 2012-13, real GDP expanded by 5.5% from the same period last year, the decade’s worst Q1 performance. The economy is projected to grow just 4.9% in 2012, in contrast to an average growth rate of 8.3% from 2003 to 2010, according to the IMF.

Given this unusually uncertain economic outlook, India’s property market is expected to continue slowing in the coming months.

India’s great housing boom

Indian house prices rose rapidly from 2002 to 2007. Strong economic growth and urbanization supported house prices, while in city centres a housing bubble was encouraged by inadequate infrastructure, lack of planning and antiquated land use laws.

The price increases were accompanied by low interest rates. Home loan rates fell to a historically low rate of 7.5% in early 2004 until 2005.

From 2005 to 2007, the economy grew at 8.9% per annum, making it one of the world’s fastest growing, after 7.6% per annum growth from 2003 to 2004.

The liberalization of major sectors of the Indian economy during the early 1990s brought a rapid influx of foreign direct investment into the country. A boom in the ICT and BPO industry generated rapid employment growth, increasing the demand for housing and causing a ripple effect in the construction and telecommunications sectors.

Yet though house price increases were supported by these strong fundamentals, speculation also played a role. From 2000 to 2006, residential property became significantly less affordable. By 2002, a dwelling in Mumbai cost around 85 times the average annual average income. By 2006, residential properties in Mumbai cost 100 times the average annual income.

Developers’ capital rapidly grew as their stock prices increased, and they used it to bid high prices for huge plots of land, making it relatively easy to sell properties at very high prices.

Flashback to the global crisis

If there is a slowdown, it won’t be the first. During the world economic downturn in 2008, India’s developers cut prices and introduced lucrative deals such as subsidized furniture and internet connections.

Demand for luxury housing fell 50%, while affordable housing demand fell 10%, according to a May 2009 survey by the Associated Chambers of Commerce and Industry of India (Assocham). House prices in Delhi fell by as much as 13.08% during the year to H2 2009. Developers refocused on building low-income homes.

But India’s economy quickly rebounded, and house prices soon started rising again.

Interest rate hikes may continue

In September 2011, the RBI raised its policy lending rate by 25 basis points to 8.25%, the 12th interest rate hike since March 2010, when the RBI moved rates up from 4.75% to 5% to contain inflation.

The RBI’s prime lending rates are also heading up, having been dropped to 7.50% (low) and 8% (high) in July 2010, from 11% and 12% respectively. As of March 2011, prime lending rates are 8.25% (low) and 9.50% (high).

According to Finance Secretary RS Gujral, the government is now concentrating on fighting inflation and slowing growth. The RBI may hike rate again, as inflation remains high at 9.87%.

The increase in interest rates is already being felt in the construction sector, which grew by only 1.2% in Q2 2011, an 8.2% drop from the previous quarter. More construction gloom is expected to follow.

India’s small mortgage market

Despite reforms since 1991, India’s mortgage market is held back by problems:

• Banks prefer to lend to middle and high-income sectors, leaving limited financing options for low-income individuals.
• The government has a huge influence on major domestic banks, discouraging initiative.
• There’s no proper legal framework for foreclosures
• Titling problems are rampant.

As a result, the ratio of housing loans to GDP is very low; in 2010, housing loans were only 4.04% of India’s GDP. The leading mortgage lender is the Housing Development Finance Corporation (HDFC) followed by the State Bank of India (SBI).

In 2010, total housing loans rose by 8.66% to INR 3009.29 billion (US$ 61.21 billion) from INR 2769.57 billion (US$ 56.33 billion) a year earlier. Interest rates at major banks and financial institutions range from 10.75% to 12% for floating rate mortgages, and 13% to 14% for fixed-rate mortgages. The loan to value (LTV) of most Indian home loans is 85%.

Relatively low yields

Rental yields remain low in India, according to Global Property Guide research. Smaller apartments have higher yields.

• Prices of smaller Mumbai apartments are around US$11,600 to US$14,000 per sq. m.; yields are poor, at 2.52% to 2.76%.
• Delhi prices are cheaper at US$4,000 per sq. m., but yields are also low, at 1.71% to 2%.
• Annual yields in Bangalore are relatively higher than in Delhi and Mumbai, ranging from 3.48% to 4.19%.

Residential rents from Q1 to Q2 2011, according to Colliers:

• In selected Mumbai areas, rents rose 2% to 5%.
• Bengaluru prime residential property rents increased by 3% to 7%.
• Delhi prime residential property rents rose by 2% - 4%
• Rents in Chennai rose by 2% to 5%, due to increasing demand and shortage of residential properties,

India’s rental market is hindered by problematic socialist laws protecting tenants. The laws are generally poorly conceived and ineffective, making implementation difficult. Although these are gradually being replaced by more market-oriented laws, the rental market’s full potential is yet to be realized.

Cities with rent controls generate lower yields. Mumbai rents in houses with sitting tenants are frozen at their 1947 levels, due to the Maharashtra Rent Act of 1999, an extension of the Bombay Rent Control Act of 1947. Delhi also has rent controls.

Outlook is unusually uncertain, says IMF

From 2003 to 2010, the Indian economy grew by an average of 8.3% per year, according to theInternational Monetary Fund (IMF). In 2011, the country’s real GDP growth slowed to 7.2%.

The Indian economy continues to slow in 2012, owing to low external demand, slow new project approvals, corruption scandals, sluggish reforms and policy uncertainties.

During the first quarter (April-June) of the fiscal year 2012-13, real GDP expanded by 5.5% y-o-y, the decade’s worst Q1 performance, due to flatlining manufacturing, mining and quarrying sectors.

The IMF revised its GDP growth forecast for the country this year to 4.9% from 6.1%. Likewise, the World Bank has also cut its India growth forecast to 6% in 2012 from an earlier forecast of 6.9%. On the other hand, the Reserve Bank of India (RBI), the country’s central bank, expects the economy to grow by 6.5% this fiscal year.

Exports fell 9.7% y-o-y in August 2012, and imports fell 5.08% to INR2 trillion (US$38 billion), resulting in a wider trade deficit of INR831.3 billion (US$15.7 billion).  The country’s current account deficit stood at 3.9% of GDP during the quarter ending June 2012.

In 2011, the country’s overall fiscal deficit was 9% of GDP. The gap may widen to 9.5% of GDP in 2012, the third highest in the world, according to the IMF. The fiscal deficit is projected to fall slightly to 9.1% of GDP in 2013.

Inflation is another worrying issue. Consumer price increases were projected to remain at about 7.7% in September 2012, according to Bloomberg. From 2006 to 2011, average inflation was 8.7%, in sharp contrast with an average inflation rate of just 3.9% per year from 2000 to 2005.

“The outlook for India is unusually uncertain, monetary policy should stay on hold until a sustained decrease in inflation materializes,” said the IMF.

Economic policy revamp

The government has recently broken the political gridlock, opening the economy to more investment from abroad, in the most extensive policy changes since Prime Minister Manmohan Singh was reelected in 2009.

The economic policy revamp includes the following:

• Foreign companies are allowed to take a 51% stake in multi-brand retail stores
• The cap on foreign stakes in broadcasting agencies has been raised from 49% to 75%
• Foreign investors are allowed to 49% of national airline carriers.

In addition, subsidized diesel prices have been raised by almost 14%, the first increase in 14 months, to tackle the country’s budget deficit. This measure is expected to help narrow the deficit to 5.1% of GDP this fiscal year ending in March 2013 from 5.8% of GDP a year earlier.

    

Independent semi furnished Houses/ Kothies available in Ludhiana for Sale

New Century 21, brings for you Newly built Independent Kothies / Houses in Star Colony, Manakwal, Ludhiana in very reasonable and negotiable prices. The houses are built in 900 sq.feet areas with all special features. Some special features are modular kitchen, down ceiling roof with lightning, Cupboard with LCD/LED wall having internal lightning, full marble floor, full wooden work using non-painted fully polished ceramic wood. The inbuilt configurations are given below for the same-

900 sq.feet house - 3 bedrooms + 3 bathrooms + Guest rooms + Lobby + Both 4 wheeler & 2 wheeler parking space.

These houses are built in Block D, Satjot Nagar Society nearest to all specified places like shopping place, school and hospitals.

The Images of houses are shown below -

Luxury Apartments in Sector - 86 Mohali

Sri Sai Properties brings for you luxury apartments in Sector - 86 Mohali by the name of SHAURYA ANANDA. the project is situated in the center of the city and close to the COMMERCIAL HUB of Mohali. The sample flat is ready and waiting for your reviews so kindly visit the site. Some sample picture of flat is shown below - 

 

Independent Kothies/ House for Sale in Ludhiana ( Century 21)

Century 21, brings for you Newly built Independent Kothies / Houses in Satjot Nagar, Ludhiana in very reasonable and negotiable prices. The houses are available in 675 sq.feet area and 900 sq.feet areas with all special features. Some special features are modular kitchen, down ceiling roof with lightning, Cupboard with LCD/LED wall having internal lightning, full marble floor, full wooden work using non-painted fully polished ceramic wood. The inbuilt configurations are given below for both type of houses -

1)- For 675 sq.feet house - 2 bedrooms + 2 bathrooms + Guest room + Lobby + Both 4 wheeler & 2 wheeler parking space.

2)- For 900 sq.feet house - 3 bedrooms + 3 bathrooms + Guest rooms + Lobby + Both 4 wheeler & 2 wheeler parking space.

These houses are built in Block D, Satjot Nagar Society nearest to all specified places like shopping place, school and hospitals.

The Images of houses are shown below -

If interested, you can contact us the information given below - 

Century 21

Sukhjinder Singh Sachdeva - 8872808037

Tushar Sharma - 8010590047