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A unique and exclusive housing finance Branch has been opened in Ernakulam by the State Bank of Travancore (SBT). As per the statement of spokesman no other public sector bank in India operates such a branch anywhere in the country. For all housing, interior modification/beautification plans and other top-up loans for housing, it will be [...] Continue Reading »
Pune based Vastushodh builders recently announced the launch of its new project AnandGram affordable housing project at Ketkawale on Pune-Satara Highway. The AnandGram housing project aims to fulfill the requirements of lower and middle income group. In this project, the houses have full facilities and cost around Rs 5 Lakh to 20 Lakh. Mr. Sachin [...] Continue Reading »
Alternative methods of providing a home to them need to be implemented in urban areas to provide housing to EWS (economically weaker section) and LIG (low income group) categories. Cushman & Wakefield and Credai conducted a study, Housing: The Game Changer, according to which, 62.45 million units need to be built to fill the demand [...] Continue Reading »
A wall was erected in June 2012 between leasehold land owned by Tehnaz Master and leasehold lands which blocked access to another freehold land that belongs to Tehnaz. Master allege the court to direct demolition of the wall but no action was taken against the illegal wall by the civic bodies. The BMC advocate submitted [...] Continue Reading »
Vandana Group is a noted real estate developer and builder who has been delivering global-standard property since 2002. The Bangalore based group has developed close to half a million square feet of built area in Bangalore. With 9 year old professionally managed property development track record on its back, it has developed diverse projects across [...] Continue Reading »
State Bank of India (SBI) has revealed that it has cut its annual home loan growth target by up to 10 per cent age points. The biggest lender of the country has to revise their target due to sluggish growth in property market. The bank cut its home loan rates on Wednesday by up to [...] Continue Reading »
Good news emerge for economically weaker section as National Housing Bank (NHB)has slashed its refinance rate by up to 100 basis points for home loans not exceeding Rs 5 lakh. NHB said it has reduced the rate to promote affordable housing finance for low income people in urban areas. It has been pondering schemes for [...] Continue Reading »
The Supreme Court has put stay on a July 23 Haryana High Court ruling, providing temporary relief to TC Gupta, director general of the town and country planning department in Gurgaon. Gupta was found guilty of allowing residential complexes in Gurgaon by issuing license to Anant Raj Industries for construction of housing colonies, despite the [...] Continue Reading »
