Looking for Flat

State-run pharmaceutical corporations, struggling to survive competition with private sector companies, are now emerging in a new avatar –– as developers of commercial complexes and IT parks because of their massive land holdings.
The recently-revived Bengal Chemicals and Pharmaceuticals Ltd (BCPL) is building a 38-flats sky scraper at Worli in Mumbai overlooking the Arabian Sea. The [...]

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Dubai-based real estate major Majid Al Futtaim (MAF) is likely to enter India for which it is in the process of identifying a local partner. The country’s estimated 16 billion dollar realty sector, which has already attracted UAE-based players like Emmar, Limitless, Nakheel and SmartCity, has been identified by MAF as a ‘market to be [...]

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GL Hotels , which owns the Mayfair banquet in Mumbai, plans to invest at least Rs 600 crore to open six niche lifestyle boutique hotel properties and 10 additional banquets by 2010.
The hotel founded by Ghai Enterprise aims to build 100-room boutique hotels in leisure and business destinations across the country.
“We are also expanding Mayfair, [...]

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This is the comical thing about trying to control inflation using interest rates. The three main contributors to the latest CPI figure in order were transportation (5.6%), financial and insurance services (4.9%), and housing (4.8%). With them removed from the index, the rate might well be still within the RBA’s target range.
Of course, at some [...]

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Everyone sighed with relief at the Reserve Bank’s decision last week to leave the official cash rate at 7.25 per cent and normally that would be good news for borrowers. However, lenders have shown in recent months – and weeks – that they’re prepared to lift rates independently of the central bank.
Flats loan rates are now [...]

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Kitchen: After not having a place in which to cook for such a long time, it’s no wonder the couple love their kitchen. Eventually we’ll open this area up and provide more of a meals area and family space.
Door frames: These terrific-looking frames are a feature. They’re a lovely counter to the floorboards, trimmed in [...]

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Fair Trading investigators found that 20 of 23 flats presented a discrepancy of more than 20 per cent between the minimum promoted price and the price achieved on auction day. Two of those returned a difference of more than 50 per cent.
Spokesman Graham Humphreys says there is no list or guideline in terms of tolerances.
“Each case [...]

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Environmental considerations play a huge part in Sydney’s newest mixed-use development, The Village, at Balgowlah. This $345 million project – developed by Stockland and designed by Allen Jack+Cottier – will include a Coles supermarket, 60 specialty shops, 246 flats, 25 townhouses, restaurants and cafes with outdoor dining, plus gardens and a resort-style pool.
Water will be [...]

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Yet-to-be-released research by the National Centre for Social and Economic Modelling at the University of Canberra shows that the most affluent 10% of Australians had an average gross household income of about $175,000 in 2005-06, up from the inflation-adjusted income of $130,000 in 1995-96.
But this was not always reflected in their flats-ownership fortunes. The level [...]

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