April 19, 2007

Can a foreigner buy land in India?

From Magicbricks Research Moderator – Here’s a query from our surfer Vinita Shah. She wants to know if non-Indians can buy land in India. Be her guiding light. Answer her questions here. Post your suggestions NOW.
To answer any post, please click on 'comments' and type your reply in the pop-up window.


Query - My friend is interested to buy property in India. He is a Canadian national. Can he buy property in India? If yes, then what are the formalities, permissions and legal parameters etc?
- Vinita Shah

April 10, 2007

Is it wise to buy property in Delhi?

From Magicbricks Research Moderator - Thank you for the overwhelming response.
Our surfer, VS Bedi, wants to purchase a plot in Lajpat Nagar (Delhi). He is not sure if this is the best time to buy property.


What do you think? Should he invest in property? Or Should he wait for some more time? Will he regret his decision later?

Be his guiding light. Share your views here…

To answer any post, please click on 'comments' and type your reply in the pop-up window. Comments are published only after they are approved by MagicBricks Moderator.


Query 1 "I want to purchase a 3rd floor property in Delhi, Lajpat Nagar area. Is it wise to buy this property as on today? It has got basement, Ground Floor, First Floor, Second Floor & Third Floor.What could be the difficulties with this property?"
- VS Bedi

Query 2 "Hi,I am M Venkanna Chowdary, working as a software professional in Hyderabad. Asthe apartment prices are in their peak in Hyderabad, we (Group of 10people) decided to go for a group housing where in we purchase a open plotand register it in undivided equal shares and give it to developer for thedevelopment of the Flat.
Request you please give your expert guidance for these following queries.1. What kind of legality things we consider??2.Do we need to pay service tax or VAT for this??3.How can I avail Loan facility??
-Thanks & Rgds,
Manne V Chowdary

April 3, 2007

Property in Palam Vihar

From Magicbricks Research Moderator - Taking this blog further, we present some more queries here. To answer any post, please click on 'comments' and type your reply in the pop-up window. Comments are published only after they are approved by MagicBricks Moderator.

Query 1 - "I have a flat in Spanish terraces on the 2nd floor which are under construction at Palam Vihar by Ansal properties and infrastructure. I would like to know how much I can get its price?
Early reply will be appreciated."
SL Garg


Query 2: "What will be Property value at Prabhadevi, Mumbai after 1-2 years? Is it the right time to buy home or it is better to wait for 1-2 years as property values are increasing day by day? Kindly suggest."
Thanks and Regards,
Suresh Boga