India
Diwali in India used to record 10 percent profit every progressive month in home loan sectors. However the same time prevails no more as this Diwali recorded a flat income in home loan sales. The housing finance sectors were astonished to face a bad breakdown as this happened never before in the history. Central Bank [...] Continue Reading »
Midst the raising fuel rates and grocery rates the land prices in India are facing a rapid hike which has lead to the property buyers intuition that the “land is no more affordable”. Property buyers have one question in them that is, “Why are property rates not affordable?”. None has an answer for this question, [...] Continue Reading »
Life Insurance Corporation of India (LIC), is all set to foray into the real estate market in India. The move is set to tap into the possibilities and opportunities in the growing impetus of the real estate sector. For this the LIC Housing Finance Ltd (LICHF), a the subsidiary of LIC has announced that it [...] Continue Reading »
Bangalore is known as a green city in India and this city is full of greens, beautiful lakes all over. Now the water bodies in Bangalore city has no more water in them, majority of the lakes have been filled with plaster of paris. The main reason behind this is that, the immersion of Ganesha [...] Continue Reading »
Shortage of food in India has become a major threat to the citizens and the food security situation continues as “alarming” according to the International Food Policy Research Institute Global Hunger Index for the year 2011. Nearly 67 countries around the world is facing worst food security status which proves that 14 countries in the [...] Continue Reading »
The cities in India claim to be the main reason for the increasing pollution. The cities are responsible for nearly 80% of energy consumption and greenhouse gas emission. The Urban Designer and?a Planner at RV School of Architecture, Brinda Sastry reported over this issue saying that the imperative to concentrate on making cities resilient was [...] Continue Reading »
The concept of Premium Apartments are gaining fast attraction towards the property buyers in India. These apartments have spacious comfortable homes that is found very rarely in the Central Business District (CBD) locations. However in todays scenario the builders are ending up investing huge capital but hardly make much of profit. Kamal Sagar the Principal [...] Continue Reading »
The water scarcity is one of the biggest challenge today faced by the people in Bangalore. Records have proved that the Gangotri glacier will be completely melted by the end of the year 2030. This seems to be very dangerous and such is a scarcity we are facing today. Earth has been plundered for the [...] Continue Reading »
State Bank of India (SBI) is said to be the largest lenders in home loan banking company in India. This sector has come forward in providing 25basis points of discount to the prevailing home loan rates over this festival season. This offer scheme has been encouraged out by other banking sectors such as; HDFC bank [...] Continue Reading »
The Reserve Bank of India (RBI) has brought in new scheme to the residents to pay housing loans of Non-resident Indians (NRI) or People of Indian origin (PIO). The apex bank reported saying that this scheme has been decided in India to a non-resident Indian. Also the central bank allowed residents and individuals to pay [...] Continue Reading »
