mortgaged properties
Lenders trying to find a way to recover loans from financially troubled Deccan Chronicle. Of the 100-crore loan exposure to the financially-troubled Deccan Chronicle Holdings Ltd, Indiabulls Housing Finance Ltd has recovered Rs. 77 crore. DCHL’s properties were auctioned online by Indiabulls. Last year, DCHL defaulted on its loan payments, resulting in Indiabulls taking possession [...] Continue Reading »
Maharashtra government has finally implemented the long pending property registration rules to protect property buyers against frauds. These rules will be public from 1st of April 2013. The state has approved the rules after three years the state legislature approved landmark amendments. The main motive is to stop the fraudsters from selling the same property [...] Continue Reading »
