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Indian Real Estate News
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RBI measures bring cheer for borrowers
Source: The Times of India Apr 09, 2016
The cut in the repo rate and the MCLR norm that has come into effect this month spell good news as they will translate to lower interest rates on home loans. Prospective home loan borrowers have much to cheer about, thanks to two steps taken by the Reserve Bank of India (RBI) in the recent past. ... more
Inflation, global factors influence rate movements
Source: The Times of India Apr 09, 2016
The monetary policy holds valuable cues on the direction of interest rates. Borrowers will do well to track the factors that have a bearing on which way the rates are going while planning a home loan in these conditions. ... more
New rules to tackle construction dust
Source: The Times of India Apr 06, 2016
The Centre notified the country's first ever "Construction and Demolition Waste Management Rules" to stipulate proper disposal and recycling of such waste, taking a decisive step towards combating the problem of dust from construction activities that pollute the environment. ... more
Why you should go for green homes
Source: The Times of India Apr 06, 2016
Most buyers shy away from building a green home as the construction cost goes up by 5-8 percent when compared to a regular home. However, once the house becomes functional, a green home can cut expenses incurred on water and energy by 50 and 30 percent, respectively. The high investment made by you will get recovered through energy saving within a five-year time frame. ... more
Realty developers welcome rate cut
Source: The Hindu Business Line Apr 06, 2016
Real estate developers say the rate cut is encouraging and will give a fillip to the sluggish sector. Industry expects lower lending rate which will in turn will spur growth. ... more
Green certification sells real estate faster
Source: The Times of India Apr 05, 2016
Selling real estate with a green tag is becoming easier in India and even beginning to command a premium. ... more
Checklist for a buyer before deciding to buy a property
Source: The Times of India Apr 01, 2016
Buying a house might be the biggest investment that you make in your lifetime. Therefore, you must take all precautions before buying a house. ... more
Builders can’t withhold registration charges under new policy
Source: The Times of India Mar 30, 2016
In a major relief to home buyers, the department of town and country planning (DTCP) has come up with a new policy to curb unauthorised retention of investors' money by builders on account of registration charges. ... more
Projects worth Rs 6.72 lakh crore get environmental nod in 20 months
Source: Livemint Mar 09, 2016
As many as 943 projects entailing investments worth Rs 6.72 lakh crore received environmental clearance in the last 20 months, government said today. ... more
Projects worth Rs 6.72 lakh crore get environmental nod in 20 months
Source: Livemint Mar 09, 2016
As many as 943 projects entailing investments worth Rs 6.72 lakh crore received environmental clearance in the last 20 months, government said today. ... more
Tata Housing & SBI team up, special interest rate for women
Source: The Times of India Mar 09, 2016
The first thing that comes to mind when we say TATA Housing and State Bank of India is trust, values, scale , credibility and a long legacy. Both the institutions have been instrumental in the progress of the nation in a large way. The most trusted brands of India are collaborating on this International Women’s Day to celebrate the ‘Power to Women’ from 8th – 13th March 2016. ... more
Home buying tips for the empowered Indian woman
Source: The Times of India Mar 09, 2016
A decade ago, an Indian woman independent and capable enough to buy her own home was a rare case. However, things have changed today. ... more
How to foster better relationship with your landlord
Source: The Times of India Mar 09, 2016
Tenant-landlord relationship is as old as history pages. This relationship arises from an agreement by which one individual occupies the other's property with legal permission. ... more
Budget implications on real estate sector
Source: The Times of India Mar 09, 2016
This year's Union budget brings forth clarity on the DDT exemption on REITs, while the housing sector gets few sops as well. ... more
How 'affordable' is affordable housing?
Source: The Times of India Mar 09, 2016
In the last decade, there has clearly been a shift on the part of the real estate builders and developers towards the soaring middle class population. Increasing bank loans have aided the situation. To help change the scenario, in the Union Budget 2016, we all know that the government announced a 100 percent deduction for profits to housing projects building homes upto 30 sq mts in the four metros and 60 sq mts in other cities. The sentiments have been upbeat since its announcement a few days ago. ... more
Food courts, dispensaries & malls to dot National Highways soon
Source: The Economic Times Mar 08, 2016
National highways across the country will soon offer wayside amenities such as shopping malls, food courts, dispensaries as well as car servicing centres after every 50 kilometres. ... more
5930 villages electrified under DDUGJY
Source: The Times of India Mar 03, 2016
305 villages have been electrified across the country during last week (from 22nd to 28th February 2016) under Deen Dayal Upadhyaya Gram Jyoti Yojna (DDUGJY). Out of these electrified villages, 53 villages belong to Odisha , 48 in Jharkhand, 44 in Arunachal Pradesh, 42 in Bihar , 34 in Chhattisgarh, 34 in UP, 25 in Rajasthan ,14 villages in Assam, 10 in Manipur and 1 village in Madhya Pradesh. ... more
'Pro-rural budget will transform rural India'
Source: The Times of India Mar 03, 2016
Union Minister for Rural Development, Drinking Water and Sanitation and Panchayati Raj Shri Birender Singh today lauded the general budget for its pro-farmer and pro-village thrust and said that it will transform the rural India by economically empowering the poor people. ... more
Govt shows some action to approve building plans in quick time
Source: The Economic Times Mar 03, 2016
Delay in approvals is one of the most important reasons for holding up projects. But, the Narendra Modi government seems to be very active in rolling out measures to ease the whole process. ... more
What the property market gets in Budget 2016
Source: The Times of India Mar 03, 2016
After a wait of several years, the Union Budget 2016 has given importance to the housing sector and has offered some soaps to the real estate sector. Housing sector is a key driver of Centre’s plan to provide ‘Housing For All by 2022’. The Budget has not only given a significant push to infrastructure plans, but also to affordable housing and tax exemption to first time home buyers. ... more
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