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A quick Infographic over house cleaning facts… I found, So true, personally have struggled all the way to keep my home clean. Wonder if we had a magic wand, and KABOOOOSH… we get a shining and clean home

Karnataka Government is still yet to establish a fully fledged property tax board, which would eventually help in the transparency over fixing tax slabs for commercial, residential and other establishments. The setup time has already seen a 2 years of wait.

Demand for residential units in India was austere throughout 2012 but Crisil Research expects it to recover gradually in the next couple of years. This will be driven by a better macroeconomic outlook, and increased buyer interest arising from the implementation of the Real Estate (Regulation and Development) Bill, 2013, which will ensure more timely delivery by developers and greater market transparency (in terms of disclosures). On the macroeconomic front, gross domestic product (GDP) growth is expected to improve in 2013-14;

A big industrialist who is trying to establish a thermal power plant in north Karnataka says that after numerous personal visits to the area over two-three years, he has managed to get consent from farmers to acquire about 150 acres.

Consider this property advertisement: "A 2-bedroom-hall-kitchen apartment in New Cochin for just Rs.7.99 lakh. And not just that you will get a home loan of 80% for the property." Sounds attractive, doesn't it? No wonder thousands, including non-resident Indians (NRIs), fell for it. Unfortunately, it turned out to be a huge property scam and investors lost close to Rs.1,000 crore, according to various newspaper reports. The advertisement-posted online by Kerala-based developer Apple a Day-promised villas and apartments in the heart of Cochin at attractive rates. What went in favour of the developer were a couple of completed projects.

There are a few people I know who despite being based in Gurgaon do not want to buy a house in Gurgaon. They would rather buy it elsewhere as an investment and continue to live in a rented property, thanks to skyrocketing prices of real estate in Gurgaon. The dynamics have changed and times seem to favour living on rent as opposed to living in a self-occupied property. Many wonder if continuing to live on rent and availing house rent allowance (HRA) is better or living in an owned (self-occupied) property. Let's assess three scenarios.

Private equity (PE) investments in Indian real estate fell 46% to about $276 million (Rs.1,638 crore) in the first half of 2013 from a year earlier, but funds worth $2 billion are still available to be deployed in the sector, property consultant Cushman and Wakefield said in a report.

Imagine a non-resident Indian (NRI) who shifted money to India two years back when the exchange rate was Rs.44 to a dollar. The Indian rupee has depreciated to Rs.59 per dollar now, leading to a staggering loss of 34%.

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