According to latest reports, in Odisha SBI, a public sector lender had advanced home loans of worth Rs 400 cr for year 2014 – 2015 and now country’s largest public sector lender SBI (State Bank of India) has set a target to extend Rs 500 cr worth home loans in Odisha for the year 2015 […]
Property News Archive
December 19, 2015 10:00 am
State Bank of India has set a target to extend Rs 500 cr worth home loans in Odisha
December 18, 2015 6:00 pm
Paisa Bazaar has closed with country’s largest online home loan disbursal of Rs 5.68 crore
We all know that online shopping trend in India is getting viral and we Indians are not only buying TVs, Smartphone and Shoes online, but we all also doing some great things online such as; comparing and buying policies and home loans in online mode. After consumer shopped for worth Rs. 6 crore house on […]
December 18, 2015 10:00 am
Maharashtra hikes incentive FSI, property rates in suburbs may rise
In the latest move of Maharashtra state government it is likely to see that realty rates in Mumbai suburbs may rise again, after the final notification of state government through which Maharashtra state government is planning to hike the additional premium charges and development rights with an aim to generate more revenue for exchequer, which […]
December 17, 2015 6:00 pm
Smart Cities are the flavor of “Housing for All” in 2015 for urban sector
A turn on mega projects worth Rs. 4 lakh crore are for developing smart cities and towns to provide “Housing for All” for next seven years besides all the proposed amendments in real estate rules which was marked for the year 2015 in the urban development sector. The central government has also approved many amendments […]
December 17, 2015 10:30 am
In current drive, 26 FIRs filed against unscrupulous real estate developers in Mumbai
MIDC have been lodged Twenty three FIRs at the Rabale MIDC police station errant real estate developers, who have used the government land to cheat poor or low income group buyers in Digha, whereas; another three FIRs were lodged against illegal buildings in Digha and case was filed by Brajesh Mishra, a social activist, under […]
December 16, 2015 10:00 am
Property near Yamuna expressway could become costlier
From New Year, onwards it could become costlier to buy property near the Yamuna expressway as commercial property rates have been raised by 20 percent whereas; the allotment rates of residential and housing properties have been hiked by more than 10 percent and institutional and industrial property rates have been hiked by 5 percent. On […]
December 15, 2015 6:00 pm
Investment in real estate is about to touch seven years high with Rs 53,000 cr
At the end of 2015, the investment into real estate sector is ready to close with $ 8 billion or Rs 53,000 crore and it highest among last seven years. However; most of the money has come from borrowings as well as private equity (PE) route through NCD (non-convertible debentures). While looking to size of […]
December 15, 2015 10:00 am
Due to boom in India’s online shopping market, now Global investors are showing interest in Indian Warehouses
Now the overseas firms such as; APG, a Dutch Pension Fund Manager and Warburg Pincus, a US Buyout Group are looking for an opportunity to invest in the Indian warehouses with a hope to cash the demand for efficient and modern storage space as in past few years Indian has recorded great book in online […]
December 15, 2015 10:00 am
Indian real estate – the irony of demand & supply
With more than 6, 00,000 units of inventory in India’s top cities, the situation is alarming. One in three houses constructed is unsold, despite builders, agents, online broking houses and now even e-commerce websites trying to allure consumers with lucrative schemes and offers. Urbanization as a trend has just touched the tip of the iceberg […]
December 13, 2015 10:00 am
The National Green Tribunal stay on new construction activity near Sanjay Gandhi Park
Recently, the NGT (National Green Tribunal) has imposed stay on the permissions of all new building construction which comes in the vicinity of the Sanjay Gandhi National Park and it is expected that this move can leave negative impact on the several proposed real estate projects which are in the western and eastern suburbs of […]