RATES
A hike of around 20% to 50% is proposed in the circle rates for property registration in Delhi. The black component in transactions may reduce to nil as circle rate and market rate may become equal in areas like unauthorized regularized colonies and new settlements in Narela and Bawana. The Lieutenant-governor Najeeb Jung is not [...] Continue Reading »
It might come as a relief for homebuyers hit by a volatile floating rate loans. The National Housing Bank (NHB) has planned to use a large portion of tax-free bond proceeds to shore up long term fixed-rate mortgage loans manily for low and moderate income housing in urban areas and suburbs. NHB has been working [...] Continue Reading »
