One of the top real estate consultant, Investors Clinic Infratech, is offering their latest scheme i.e. Byaaj Mukt Awaas Yojana, that will bring down the cost for prospective home buyers. By partnering with builders and financial institutions, the clinic offers interest free loans under the scheme for buyers towards purchase of flats. In comparison to […]
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March 15, 2016 10:00 am
5 Reasons to smile for buyers under the Real Estate Bill
Buying a house earlier used to be quite a tedious process for the buyers. The new real estate bill has brought about reasons to cheer for them as it has made the buyers more accountable for various things thus ensuring the protection of buyers interests. Here are five of them: Regulation for Real Estate […]
March 14, 2016 6:00 pm
Actress finds it hard to find a rented house in Mumbai
Actress Lauren Gottlieb is struggling to find a house on rent in Mumbai after being rejected for the fifteenth time over the last two months. The experience has a sense of déjà vu for the young dancer-actress as she had a similar one three years back. Reminiscing her harrowing days, she says, “Three years ago, […]
March 14, 2016 10:00 am
Real Estate Bill – how it favours home buyers
The Real Estate Bill which was passed in the Rajya Sabha on Thursday largely seeks to protect the interest of home buyers, at the same time aims to bring more transparency, accountability and efficiency in a sector which has hitherto been fundamentally unregulated and unorganised. Delays in project delivery by developers, zero accountability on builders […]
March 13, 2016 10:00 am
Five locations emerging as best real estate destinations in India
Today, we look into five cities that are emerging as few of India’s best real estate destination. 1) Hyderabad The creation of Telangana as the latest state in the country has led to the emergence of Hyderabad as a top real estate market in the country. With its increasing developments in the residential and commercial […]
March 12, 2016 6:00 pm
ICICI Bank’s credit-linked subsidy for PM Awas Yojana
In order to support Government’s vision to provide housing for all by 2022, India’s largest private sector lender ICICI Bank has announced a credit-linked subsidy scheme for home loans under Pradhan Mantri Awas Yojana (PMAY). Under this scheme, individuals including women from the economically weaker sections will be able to acquire and construct their first […]
March 12, 2016 10:00 am
IDBI Federal Life acquires commercial space worth Rs. 111 crore in Lower Parel
In an out-and-out real estate deal, which is the largest so far this year, IDBI Federal Life Insurance Company has bought office space worth over Rs 111 crore at Marathon Futurex complex at Lower Parel in Mumbai, according to sources familiar with the development. Marathon Realty is developing this eight lakh sq ft office building […]
March 11, 2016 6:00 pm
Phase II launch of The Trees sees Godrej Properties rise by 2%
The launch of Godrej Properties flagship project ‘The Trees’ residential phase II in Mumbai has led to an increase of 2.4% in the company’s share price during intra day trading on Thursday. Phase I of the flagship project was launched last year in November. The company in its filing states “In first phase, we saw […]
March 11, 2016 10:00 am
Rs.1600 crore raised by Kotak Realty for investing in residential projects
With a view to invest in residential projects across six cities over the next 3-4 years, Kotak Realty Fund has raised Rs.1600 crore from institutional investors. The private equity firm of Kotak Mahindra Group will be investing in residential projects in the six major cities of Mumbai, Delhi, Bengaluru, Pune, Hyderabad and Chennai. Talking to […]
March 10, 2016 6:00 pm
Real Estate Bill to passed during the current budget session
At the recent Happening Haryana conclave, Union Minister for Urban Development Venkiah Naidu has expressed confidence on the passing of the Real Estate Bill during the ongoing budget session. Talking to domestic and global investors, Naidu said, “Real Estate Bill is going to be a reality in this Budget session itself. I am holding discussion […]