Articles Archive for May 2010
Mumbai:
Most lenders such as Punjab National Bank, Corporation Bank, United Bank of India and Bank of Maharashtra have decided not to extend the special home loan scheme which ended on March 31, even as the …
With improvement in demand, real estate prices in the country have started moving up. But, according to experts’ views and indications available from the latest data, the rise in prices may affect transactions volume, which …
Mumbai:
Mumbai once again seems to have broken a national record in property transactions, with a duplex in the prime Samudra Mahal building at Worli fetching in excess of Rs 36 crore in an auction.
Although people …
New Delhi:
The Finance ministry may exclude land value from the ambit of a new tax on under-construction houses, potentially taking the sting out of the proposed levy after it ran into a storm of protests …
Chennai:
Vision India Real Estate, a closely-held business group in the US, is investing $5 million (as per the FDI norms) in Gem Group’s upcoming residential project in Chennai. This will be the first joint development …
New Delhi:
The National Housing Bank (NHB) is expected to announce the launch of the Mortgage Guarantee Company (MGC) next month, according to a senior official of the bank. The MGC will provide guarantee to a …
Mumbai:
The Reserve Bank of India (RBI) may soon come out two real estate indices — one reflecting movements in residential property prices and another for commercial property rates. A RBI report on asset price monitoring …
Bangalore:
The super luxury housing segment ranging between Rs 4 crore and Rs 30 crore, which had taken a backseat during the slowdown, is making a comeback. Over the last year, demand for super-luxury residential properties …
Bangalore:
High streets such as Connaught Place in New Delhi and Brigade Road in Bangalore are back in retailers’ priority lists as they prepare for a temporary lull in mall supply next year.
Shoppers Stop, Reliance Retail, …
Mumbai:
At a time when the economy is buzzing with the possibility of interest rates hardening, home loan major HDFC surprised everyone by slashing rates for the first year to 8.25% per annum, from 8.75% earlier.
As …
