Home Buying Guide – Part 04: Affordable Housing With  the  Narendra  Modi  government’s  initiative  of  providing  housing  for  all  by  2022,  affordable  housing  has  been  the  main  focus  area  of  the  government’s  plan. Affordable  housing  for  the  urban  sector  was  approved  by  the  Union  Cabinet  in  June  2015  and  is […]

RERA: How Will It Impact The Residential Property Market ? The  Real  Estate  (Regulation  and  Development)  Act,  2016  came  into  effect  across  the country  from  1st  May, 2017. There  is  a  lot  of  hope  and  expectation  from  the  RERA  which promises  to  bring  in  much-needed  transparency  and  regulation  in  the […]

ICICI Bank And HDFC Cut Home Loan Rates To 8.35% India’s  largest  private  lenders  ICICI  Bank  and   HDFC Ltd  on  Monday have  reduced  home loan  rates  to  8.35 per  cent  on  loans  up  to  INR  30 lakh, thereby  bringing  the  rates  at  par  with  State  Bank  Of  India (SBI). Now, salaried […]

Supreme Court Allows Homebuyers To Directly Approach NCDRC Against Builders The  Supreme  Court  (SC)  on  Tuesday  has  upheld  the  order  of  the  National  Consumer  Disputes  Redressal  Commission  (NCDRC)  that  home buyers  can  jointly  approach  it  in  case  of  a  dispute  with  a  builder.  In  a  major  relief  to  aggrieved  home […]