Estates

TREND WATCH

Will the 20:80 formula click?

Payment schemes such as 20:80 introduced by developers have made some impact in offloading inventories. Its success hinges on the price point and most important, track record in delivery, say a cross-......read more

New Noida: Emerging investment oasis

New Noida is a developing area that is emerging as a good residential and work destination due to expansion of the footprint of Noida city towards its peripheral areas. This area lies north-east of No......read more

City Lights: ‘Industrial cities under DMIC may attract $100 billion investment’

‘Industrial cities under DMIC may attract $100 billion investment’ New Delhi: Industrial cities to be developed as part of the Delhi-Mumbai Industrial Corridor (DMIC) project are expected to attract i......read more

Compact comfort: Studios turn popular

The Indian residential real estate market is one of the most dynamic in the world. There is a constant flux in demand and supply, and developers are often challenged to keep up with the changing trend......read more

Low-cost housing: Want cheaper funds, and more

Addressing the shortage of housing in the country poses a significant challenge owing to the sheer numbers involved in enabling a sizeable population own a home. The Union housing ministry’s technical......read more

City Lights: Govt mulling relaxing ECB norms for low-cost housing

Govt mulling relaxing ECB norms for low-cost housing Officials from the finance ministry and Reserve Bank of India (RBI) are likely to meet this week to consider relaxing norms for raising funds throu......read more

Property purchase for NRIs: A look at provisions

Non-resident Indians (NRIs) are usually very apprehensive while purchasing immoveable property in India, their home country. This is a remnant from the old days when purchase of property by NRIs was c......read more

Watch out for those offers, they can be risky

The real estate market has begun to aggressively promote discounts to beat the slowdown blues. Developers are bombarding customers with a bevy of schemes and packages that sound attractive. But the fi......read more

Haryana govt to develop Kundli-Sonepat as new hub

Haryana chief minister Bhupinder Singh Hooda has said that Kundli-Sonepat will be the next growth hu b. Citing the example of Gurgaon, Hooda said that Sonepat will be the future “millennium city”. The......read more

Express Estates

How to handle home loan defaults

Santosh had been quite regular with home loan EMI payments for the last three years. However, paying for his father’s sudden medical requirements drained off his balance leading to a couple of EMIs b......read more

‘Our products will enable early home ownership with a lower down payment’

The India Mortgage Guarantee Corporation (IMGC) is a first-of-a kind entity set up in the country. Its primary function would be to offer mortgage guarantees on housing loans. Amitava Mehra, the CEO o......read more

Senior living comes of age

The concept of homes for the aged has undergone a sea-change, with the name itself undergoing a change to senior living or assisted living. The services offered include fulfilling the social, security......read more

To invest or prepay? A crucial decision

Ramesh has just received his annual bonus of Rs 3 lakh. He has a home loan for Rs 35 lakh with a private bank, and pays interest at 11 per cent per annum. The equated monthly instalment (EMI) paid by ......read more

Transparency in real estate begins with the broker

The realty boom in the country has spawned several professions, among which, a crucial one is brokering of real estate. Real estate brokers offer a variety of transaction-related services such as pro......read more