The central suburbs of Mumbai are witnessing change as civic body commissioners are displaying positive aggression in matters of public interest. While Thane’s municipal commissioner Sanjeev Jaiswal ordered demolition of legal and illegal structures to unclog & clear the station road area, in a fresh move, KDMC’s commissioner E Ravindran took property tax defaulters to […]
Property News Archive
March 17, 2016 10:00 am
Lodha Group’s new project sells 2000 units pre-launch
Within two years of acquiring the 88-acre land parcel from Clariant Chemicals in Thane which was one of the largest land transactions in the country, Lodha Group has announced its mega plans for an expansive residential neighbourhood in Prime Central Thane. India’s largest real estate developer, the Lodha Group announced another milestone for the company with […]
March 16, 2016 6:00 pm
MHFC’s loan book size to cross 400 cr mark this fiscal
According to sources, The Micro Housing Finance Corporation (MHFC) which lends to the affordable housing segment expects to exceed an Rs.400 crore loan book by end of fiscal 2016. Owing to introduction of the credit linked subsidy scheme (CLSS), the company anticipates that the demand for affordable housing will go up. This scheme was launched […]
March 16, 2016 10:00 am
Home Loan eligibility – your doubts busted here
Before even looking out for a property, buyers like to know the quantum of home loan they are eligible for. While that’s a good approach, there is always more clarity needed to make the final decision. We have attempted to throw light on some aspects to aid your decision making. Banks or financial institutions determine […]
March 15, 2016 6:30 pm
Byaaj Mukt Awaas Yojana – A boon for home buyers
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 […]
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 […]