Home loans are one of the most commonly used methods to buy a property as they provide a longer repayment tenure. Ramesh had taken a home loan of Rs 50 lakh for 18 years. … READ FULL STORY
January 12, 2024: In a significant move to recover funds illegitimately collected from investors, the Securities and Exchange Board of India (Sebi) on January 11, 2024, declared the auction of 30 properties belonging to … READ FULL STORY
In a significant crackdown, the Nagpur Municipal Corporation (NMC) has confiscated 463 properties from individuals who have defaulted on property tax payments, amounting to Rs 10.44 crore. The NMC, reliant on property taxes as … READ FULL STORY
Getting a home loan is one of the easiest and most viable options to finance a house purchase. Home loan EMIs can be a substantial amount. However, it is necessary to plan and ensure … READ FULL STORY
The auction of these properties is in connection with recovery of allegedly illegally raised funds. In a notice issued on Friday, October 28, the SEBI said that keeping in view the interest of the … READ FULL STORY
SBI e-auction of properties starts from October 25, 2021. In SBI property auctions, the bank puts up properties of defaulters, to recover dues. Loans will also be available for successful bidders of the SBI … READ FULL STORY
Amid the possibility of large-scale defaults by home owners and builders, in the backdrop of the Coronavirus crisis, financial institutions could be forced to repossess properties and sell them in the open market, to … READ FULL STORY
Stamp duty for transactions of immovable property, is benchmarked against the rates published by state governments in advance, which are called as ‘ready reckoner rates’ in Maharashtra and ‘circle rates’ in north India. The … READ FULL STORY
To the relief of aggrieved home buyers of Unitech Ltd, the Supreme Court, on September 11, 2018, directed the realty firm to construct 514 flats in its five projects, out of the funds generated … READ FULL STORY
A court in Thane has directed the district collector to auction the property of the now-defunct Kalpavriksha Marketing Company and clear the dues of the investors. Additional District and Sessions Judge, PP Jadhav gave this … READ FULL STORY
