Leading banks SBI and ICICI, on April 7, 2016, cut their home loan rates by 0.1%, to 9.4%, following the implementation of a new interest rate calculation regime mandated by the RBI. The lending … READ FULL STORY
Gudi Padwa, a festival that ushers in the new year, is considered as an auspicious day for anything new – business, home, jewellery, etc. Property, in particular, involves a huge investment. Besides affordability and … READ FULL STORY
The first step, while scouting for a property, is to put down what you’re looking for – quality of construction, reputation of the builder, cost, amenities and other thing that you consider as essential. … READ FULL STORY
The Reserve Bank of India (RBI) on April 5, 2016, cut the key interest rate by 0.25% and introduced a host of measures to smoothen liquidity supply, so that banks can lend to the … READ FULL STORY
Gudi Padwa, celebrated as the new year in Maharashtra, is considered an auspicious festival, for home buyers to book or enter their new houses (gruh pravesh). However, the scenario may be a bit different … READ FULL STORY
Buying and developing properties in Mumbai and the rest of Maharashtra is set to become costlier, as the government on March 31, 2016, announced an increase in ready reckoner (RR) rates by an average … READ FULL STORY
First-time home buyers, from April 1, 2016, will get additional tax benefit for purchase of residential properties of value up to Rs 50 lakh. The government’s proposal, which comes into force in the new … READ FULL STORY
Seeking to ease business and make its policies more accessible to the common man, the Delhi Development Authority (DDA) on March 30, 2016, announced that it has come up with a set of frequently … READ FULL STORY
To improve ease of doing business, the government on March 30, 2016, announced revised building bye-laws for Delhi, which envisages single-window clearance and payment system, along with approval of building plans within 30 days. … READ FULL STORY
The AAP government in Delhi on March 28, proposed to a build a first-of-its-kind skywalk from the Qutub Minar Metro Station, to the iconic minaret in the financial year 2016-17. “A skywalk way from … READ FULL STORY
In a first, the central government came out with rules today (on March 29, 2016) to manage construction and demolition waste, by prohibiting its dumping on roadsides and drains. The move is aimed at … READ FULL STORY
The residential property segment in India, is expected to receive investments worth USD 1 billion this year, given its attractive rate of returns, which average 20%-22% per annum, an industry expert said. “Private Equity … READ FULL STORY
Realty player Lodha Group on March 14, 2016, said it has sold 2,000 flats worth Rs 1,600 crore, at its township project in Thane during its pre-launch phase. The Group received interest from over … READ FULL STORY
