1. Realtors bank on SMSes to boost sales
Brokers claim a substantial 1% of the SMSes actually mature into inquiries leading to sales. The rapid sales of several popular projects in the recent past are testimony to that.

2. Cheer up! Delhi launches amnesty plan to settle house tax disputes
The Municipal Corporation of Delhi (MCD) has launched an amnesty scheme for property tax payers for settling tax disputes under the rateable value system as well as unit area method. Before 2004, property tax was assessed on its rateable value wherein the year of construction , the construction material, etc used for building the property was taken into account.

3. Home prices to remain flat in metros for now
Home prices may remain firm or inch up slightly in metros like Delhi and Mumbai and their suburbs despite an expected rise in interest rates as demand picks up once again on the back of renewed activity in the employment front, say bankers and realty players.

4. Simon Property offers $10 bln for general growth
Simon, the largest US real estate investment trust, said that it would offer $6 per share, or roughly $1.9 billion, plus a stake in property assets it valued at about $3 per share. General Growth shares jumped 10.6% to $10.40 in trading before the market opened. Simon expects the transaction to add to its funds from operations, a key profit measure for a real estate investment trust, in the first year after closing.