Tag: luxury real estate

'Indonesia Amends Luxury Property Tax Rules

Indonesia is changing its rules on taxing luxury properties. In this move that could iron the uncertainty that is plaguing the real estate sector, certain apartments and houses are now to be valued based on value instead of size, The Business Times reports.

'A Look Into India's Luxury Real Estate Market

India's real estate market has evolved from houses with great location to a fresh and vibrant concept of branded homes. These branded houses make up this emerging luxury housing concept where houses cost more than $300,000 for 2000 square feet as with starter size for apartments, and into larger and bigger sizes depending on the category that the project is going for. It is currently considered as the fasting growing cluster in residential housing and based on studies, it would take 1.5 million luxury homes to be able to cater to the demand in the coming 15 years, Business World reports.

'Brookyln's Pacific Street Emerges As New Luxury Real Estate Giant

Over the years, the modern and industrial-style residences on Pacific Street between Fourth Avenue and Henry Street have slowly and silently gained attention and has now emerged as Brooklyn's hottest spot for luxury real estate.
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