Wednesday, March 31, 2010

[Dubai-properties:115711] MARINA 1Bed@780/sqft for Sale

My own property:

MARINA DIAMOND4 FOR SALE
1BED + reserved PARKING
850 sqft net area + Balcony

Sheikh Zayed Road view

Superb Location: Next to Metro station,Marina Mall and JBR Walk

GYM, SWIMING POOL

Rented @55K till NOV, Rent (AED.36000/-will be refund)

SP:699000/- Net

After rent refund = 699000 - 36000 = 663000/- (Aed.780/sqft)

GREAT INVESTMENT !

See the floor PLAN

Contact : 0501505086

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[Dubai-properties:115710] STUDIO 4 RENT@2500/month Near Sheikh Zayed Rd

BRAND NEW STUDIO
NEAR TIME SQUARE MALL & ALKHAIL MALL OFF SHEIKH ZAYED ROAD
500 SQFT + RESERVED CAR PARKING
RENT = 2500/month (12 cheqs)
NO COMMISSION
location map is attached

Contact 0501505086

[Dubai-properties:115701] Vacant Properties-SMARK REAL ESTATE

	Ras Al Khor 613-1250:
1	Store # 1/1st flr	5832 sq ft	AED 260000/4 Payments/5%SD	Shell and Core/ Free Parking in the Basement
2	Store # 2/1st flr	2240 sq ft	AED 100000/4 Payments/5%SD	Shell and Core/ Free Parking in the Basement
3	Store # 3/1st flr	4800 sq ft	AED 216000/4 Payments/5%SD	Shell and Core/ Free Parking in the Basement
4	Store # 4/1st flr	2533 sq ft	AED 113985/4 Payments/5%SD	Shell and Core/ Free Parking in the Basement
5	Showroom # 2	2126 sq ft	AED 212600/4 Payments/5%SD	Shell and Core/ Free Parking in the Basement
6	Showroom # 3	2108 sq ft	AED 210800/4 Payments/5%SD	Shell and Core/ Free Parking in the Basement
7	Office # 1	2068 sq ft	AED 155000/4 Payments/5%SD	Shell and Core/ Free Parking in the Basement
8	Office # 2	1821 sq ft	AED 136575/4 Payments/5%SD	Shell and Core/ Free Parking in the Basement
9	Office # 3	1821 sq ft	AED 136575/4 Payments/5%SD	Shell and Core/ Free Parking in the Basement
10	Office # 4	1680 sq ft	AED 126000/4 Payments/5%SD	Shell and Core/ Free Parking in the Basement
11	Office # 5	1088 sq ft	AED 81,600/4 Payments/5%SD	Shell and Core/ Free Parking in the Basement
	ZBC/Umm Hurair 318-307
12	Office # 201	2926 sq ft	AED 70-75 /SQ FT	Available now
13	Office # 205	2884 sq ft	AED 70-75/ SQ FT	Available Now
14	Office # 302/1	868 sq ft	70,000/-	Available now
15	Office # 302/3	810 sq ft	70,000/-	Available now
16	Office # 306	3950 sq ft	AED 60-70/SQ FT	Available Now
	Prisma -Al Qouz 3-368-0285
17	Warehouse # 3	2300 sq ft	AED 125000/ 4 Payments/5%SD	Available Now
18	Warehouse # 4	2300 sq ft	AED 125000/ 4 Payments/5%SD	Available Now
	BD Mall Serviced Apartments
19	Unit # 3411	1020 sq ft	AED 130000/5% SD	1 BR/Fully furnished and equipped
	OP: 2.067 M	TOTAL PRICE: 2.4M		SP: 3M
	Marina Residences 1/PJ
20	Unit # 0111	1981 sq ft	AED 130000/4 Payments/5% SD	2 BR/ Available from 21-02-2010
	D-Type
	The Lakes- Emirates Hills
21	Unit # 59/Ghadeer	3200 sq ft	AED 160000/5% SD	3+M+S+L/ Available Now.
22	Unit # 60/Ghadeer	3200 sq ft	AED 160000/5% SD	3+M+S+L/ Available Now.
23	Unit 264E/Zulal	3500 sq ft	AED 230000/5% SD	4+M+S+L/Available from 15-05-2010
	Nahda 231-276
23	Showroom # 5	827 sq ft	AED 65,000/-	Available Now
	SZR/Al Qouz 358-434
24	Showroom # 4	7653 sq ft	AED 100/ SQ FT	Available from September 2010

Saima Saqlain

050-8605880

Abdulla Mohammad

050-3522600

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[Business Bay] URGENTLY REQUIRED 1BHK IN PALM GOLDEN MILE

DEAR AGENTS,

NOW I AM LOOKING FOR 1BHK AT PALM GOLDEN MILE
CLIENT BUDGET IS 1 MILLION

SEND ME YOURS DIRECT AVAILABILITIES

--
AD.Khan
Condoland Real Estate
International City,England Cluster Building# Y-12, Shop S-16 S-18
Yahoo: atifdadkhan
Skype: atifdadkhan
E: adkhandxb@gmail.com
M: 00-971-50-594-0395

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[Dubai-properties:115695] Fwd: CREDAI May Go to Court if Service Tax on Land is not Removed

CREDAI May Go to Court if Service Tax on Land is not Removed

CREDAI May Go to Court if Service Tax on Land is not Removed
Real estate back at pre crisis level
Only 25% Delhi Property Owners Pay Property Tax
Positive Change in Commercial Office Space Sector

Posted: 30 Mar 2010 09:23 PM PDT

The Confederation of Real Estate Developers' Associations of India (Credai) today said it would consider taking the government to court if its demand for excluding land cost from the proposed service tax on housing complexes under construction was not met. "There is an option of approaching the court and Credai will decide to go to court, if at least land cost is not excluded from the ambit of service tax. Land is not at all a service," Credai NCR President Pradeep Jain said.

Jain, who is also the chairman of realty major Parsvnath, said the industry body would convene a national meeting to discuss the option of using legal machinery if its request was not met when the Finance Bill was accepted. Realty developers already pay different types of taxes under various heads, including stamp duty on land cost and addition of one more tax would only put extra burden on consumers, he added. "We had a meeting with the Service Tax Department and submitted our post-Budget memorandum to officials. Now, we are seeking a meeting with the finance minister or his officials for the same," he said.

Finance Minister Pranab Mukherjee, in the Budget for 2010-11, brought development of real estate complexes under the ambit of service tax, unless the entire consideration for the property was paid after completion of construction. Finance ministry officials later clarified that the service tax would be imposed on 33 per cent of the total selling price, which, the real estate players said, effectively means about 3.5 per cent cost escalation for the buyers. When asked if there was any possibility of revoking the taxation proposal, Central Board of Direct Taxes member Durgesh Shankar said: "We can't say anything now as constant discussions take place for various proposals, but there are never closed minds."

He said all proposals were made after due deliberations and anticipating repercussions also, if any. Last week, Urban Development Minister Jaipal Reddy had said his ministry would approach the finance ministry within a few days for a review of the proposed service tax on housing complexes under construction as it felt the levy would hurt the sector, which is yet to recover from the recession. "The urban development ministry feels the proposal of service tax made in the Budget needs review. I am recommending the review of the proposal by the finance ministry," he had said. K P Singh, chairman of the country's largest realty firm, DLF, had also asked not to impose service tax at this time as the sector was not in a "correct shape".

Real estate back at pre crisis level

Posted: 30 Mar 2010 10:00 AM PDT

crisis Reserve Bank Governor D Subbarao, governor, RBI, says that India needs to exit accommodative policy before other countries.

Only 25% Delhi Property Owners Pay Property Tax

Posted: 30 Mar 2010 08:00 AM PDT

Only 25 percent of the properties in the national capital are paying property tax, the Municipal Corporation of Delhi (MCD) told the Central Information Commission (CIC), which has termed the revelation 'startling'. The revelation was made during a hearing of an appeal filed by an RTI applicant, Naved Ahmed, who sought information regarding property tax of a particular property in Okhla village. Municipalities levy tax on properties within their jurisdiction on the basis of their value. It is a major source of income for the civic agency.

'The respondent (MCD) states that until 2004, the property tax department used to send bills to the owners of property…. After 2004, when self-assessment scheme was implemented, the MCD has not been able to clearly identify which properties have paid property tax,' noted information commissioner Shailesh Gandhi in his order dated March 25. 'The respondent admits that whereas there are about 40 lakh (four million) properties in Delhi, only about nine lakh pay property tax. This is indeed a startling revelation and if the city taxes less than 25 percent of properties it is a very sad comment on the way it is being administered,' he added.

Positive Change in Commercial Office Space Sector

Posted: 30 Mar 2010 04:21 AM PDT

commercial growth The demand-starved commercial office space market is slowly seeing positive signs, with several large and mid-sized US corporates firming up their plans to outsource their work to India for the first time. Major cities like Bangalore, Mumbai and Gurgaon have seen substantial business deals in the last few months and this has led to several new India-based subsidies and back offices which may generate substantial employment opportunities as well.

Experts tracking realty developments say that out of the new jobs being created, 80% will be in the IT sector alone, with the corporate sector accounting for the rest. Also, with new vistas being thrown open by US President Obama's recent healthcare push—which may trigger an outsourcing spree in health and knowledge sectors—both job and office space markets may see major gains. Though the office space market has not been able to bring prevalent vacancies under control, there is scope for growth for realty, according to experts.

In an interaction with the media, Collin Dyer, president and CEO, Jones Lang LaSalle Inc, says India presents a huge opportunity in terms of attracting jobs outsourced by US firms. India has graduated from being a back office hub for Western companies to housing knowledge process outsourcing centres and research and development wings of multi-national firms. "Asia, which includes robust nations like India, has shown signs of an economic revival, and these are more evident that those seen in economies like the European Union, because of strong banking and financial systems present here".

According to Jonse Lang's India Office Map 2010 findings, the demand for office space is gradually improving with opportunistic tenants taking up space at lower rentals. The markets in Mumbai and Bangalore are leading the property cycle and are likely to recover the earliest among office-space markets. Also, the markets of NCR-Delhi, Chennai and Pune are expected to stabilise sooner that those of Hyderabad and Kolkata.

However, the real estate sector, which has been showing signs of a revival, could come under severe pressure if builders resort to a price hike to cash in on the emerging demand in the residential and commercial office space sectors, says Anuj Puri, chairman and India head, Jones Lang LaSalle Meghraj (JLLM). The builders in Delhi and Mumbai may have hiked the prices of residential apartments when sales were picking up, resulting in a slowdown in apartment sales.

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dubai property investment

Wednesday, March 31, 2010

[Dubai-properties:115711] MARINA 1Bed@780/sqft for Sale

[Dubai-properties:115710] STUDIO 4 RENT@2500/month Near Sheikh Zayed Rd

[Dubai-properties:115701] Vacant Properties-SMARK REAL ESTATE

[Business Bay] URGENTLY REQUIRED 1BHK IN PALM GOLDEN MILE

[Dubai-properties:115695] Fwd: CREDAI May Go to Court if Service Tax on Land is not Removed

CREDAI May Go to Court if Service Tax on Land is not Removed

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