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Low-income housing gets major benefits, but not much for sector

Saturday 27 February, 2010

The credit-squeezed real estate sector gradually recovering from the onslaught of the economic downturn, today saw mixed fortunes in the Budget 2010-11.
Higher allocation to housing

Saturday 27 February, 2010

Allocation for urban development increased by more than 75 per cent from Rs.3,060 crore to Rs.5,400 crore in 2010-11.
City Lights

Saturday 27 February, 2010

The finance minister Pranab Mukherjee has extended by a year the one per cent interest subvention scheme for housing sector and provided Rs 700 crore for it in the budget for 2010-11.
Too feeble a boost

Saturday 06 March, 2010

Though the finance minister announced the continuation of sops to the downturn-hit realty sector in Budget 2010-11, stakeholders feel that more could have been done to speed up its revival....
Aligning with new dynamics

Saturday 06 March, 2010

While the demand dynamics did waver in Gurgaon during the slowdown, it is once again emerging as one of the most preferred locations in north India...
Real
Will there be a boost to low cost housing?

Saturday 20 February, 2010

The housing deficit in India is estimated at 24.71 million. Out of this 21.78 million is accounted for by the economically weaker sections.
RBI warns banks on home loans

Saturday 20 February, 2010

The Reserve Bank of India (RBI) has intervened to help home loan customers who opted for floating interest rates but have not receive any benefit in almost two years.
Great Expectations 

Saturday 13 February, 2010

The real estate sector is optimistic that Union Budget 2010 will contain provisions that will provide a fillip to the growth of a sector that has not yet emerged completely from the downturn. But will these high hopes be met in a year in which one of the Finance Minister’s main ...
Estate
To bare it all

Saturday 06 February, 2010

In the absence of any law on compulsory disclosure norms, real estate developers are taking innocent home buyers for a ride with misleading advertisements.
Banks to review teaser home loan plans next month

Saturday 06 February, 2010

The country’s top lenders have decided to review the future of fixed-cum-floating rate schemes in March.
Real
Missing deadlines

Saturday 30 January, 2010

The real estate sector was hit hard by the credit crisis of 2008 after years of booming demand. Property prices had doubled in the two years...
City Lights

Saturday 30 January, 2010

Country’s two largest lenders SBI and ICICI Bank have ruled out an imminent hike in lending rates, much to the relief of thousands...
Real
Ensuring unrestricted ownership

Saturday 23 January, 2010

Buying a property is an elaborate procedure that can tie you up in knots unless you educate yourself beforehand about the intricacies of the entire exorcise.
SIDBI, NHB seek extension of refinance facility

Saturday 23 January, 2010

SIDBI and National Housing Bank have requested the Government to extend the refinance facility announced in the last Budget for one more year.
To allow high rises or not?

Saturday 16 January, 2010

Suburbs around Delhi such as Gurgaon, Noida, Indirapuram and Faridabad get power supply ranging from 16 to 20 hours a day. Power supply in Mumbai’s suburbs is equally bad....
Know your space

Saturday 09 January, 2010

Mumbai-based Sondeep Dhar, a 34-year-old IT professional, booked a flat in Supertech Ikon, situated in Indirapuram, a township that lies in Ghaziabad district, and is situated to the east of Delhi....
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