Realty News
Due to the several illegal constructions going on at present on a notified land in Noida, the Noida Authority has issued a notice to the builders who have been alleged to be involved in the activities without taking permission. According to the release made by the Authority, notices have been pasted at the concerned sites [...] Continue Reading »
Overall in Mumbai, whenever accidents happen, the sufferings are more due to lack of facilities. Means, hospital authorities are finding extremely difficulty in moving injured people from the accident spot to the nearby hospitals. This often created more complication to treat the injured persons. Many times, they die also before reaching hospital due to time [...] Continue Reading »
According to a report released by Moody, there has been a surge in the inflow of Foreign Direct Investment (FDI) to India in the current fiscal. Analysts predict that this increasing trend is likely to continue in the coming quarters on account of the country’s pro-growth policy agenda. According to the reports released by the [...] Continue Reading »
The Defence Research and Development Organisation (DRDO) has decided that it will be setting up a major product development and assembling unit in Kurnool. Collector Chief Vijaymohan said in a statement on Wednesday that the announcement for setting up its product development and assembling unit was a mere formality. The DRDO will be conducting a [...] Continue Reading »
The sting operation proves the uncontrollable use of black money across India in real estate sector. The property developers across India agreed to the use of black money in property transactions and also accept it as kind of norm for real estate industry. The report says An investigation made by the portal Cobrapost reveals the [...] Continue Reading »
Chief Justice DH Waghela has instructed the Comissioner of Bengaluru to ensure clearance of the footpaths and removing any encroachments to ensure a clear walking path for pedestrians. A PIL was filed at the High Court on the basis of the rights of pedestrians who asked the BBMP chief to take immediate steps in clearing [...] Continue Reading »
With apartment sale in luxury and middle class segment on a decline, budget housing is the new innovation in the property market. Majority of the builders are now focusing on developing housing units in under 20 lakh price range. A new Innovation Given the decline in interest among luxury customers, builders are now focusing on [...] Continue Reading »
Work on the Ahmedabad-Gandhinagar Metro rail project will commence soon. The 10,000 crore project is an ambitious development and is currently awaiting approval from the Centre, Anandiben Patel, the Chief Minister of Gujarat observed. She was speaking at inaugural function of Mega industrial exhibition being held by Vadodara Chamber of Commerce and Industries being held [...] Continue Reading »
It is a good news for the people who have bigger dreams, but aren’t able to fulfil the same, because of the funds available. Reserve Bank of India has some good news for the low cost housing plans. They have extended the limit to 10 lakhs for individuals against the issuance of Infrastructure Bonds which [...] Continue Reading »
For an affordable housing and infrastructure Reserve Banks allowed all banks to give loan against housing bonds issued by them. This makes loan borrowers pleased. Proclamation by Reserve Bank of India Many of retail investors make investment in long-term housing bonds (type of bond to finance for housing development) to get financing affordable housing and [...] Continue Reading »
