Home  loans  are  set  to  get  cheaper  with  banks  start  implementing  the  new  lending  rate  structure  called  marginal  cost  based  lending  rate  (MCLR)  from  Friday. The  new  rate  setting  structure,  which  asks  banks  to price  loans  based  on  the  marginal  cost  of  deposits  rather  than average  cost,  comes  into  effect […]

Published on: Mar 31, 2016 @ 16:13 Delhi is set to become the first urban area in the country to streamline its building permissions so that building plans are sanctioned within a 30-day period. Union  Minister  for  Urban  Development  M.  Venkaiah  Naidu  announced  on  Wednesday the new  Unified Building  Bye-laws  2016 […]

Published on: Mar 2, 2016 @ 10:05 The  Union  Budget  2016   introduced  many  measures  to  give  a  huge  push  to  the  staggering real  estate sector.  It  has  been  going  through  tough  times  for  the  last  few  years  and  the expectations  from  this budget of  the  NDA  government  were  very  high. Finance […]

Published on: Feb 27, 2016 @ 12:43 The  Real  Estate  Industry  has  many  hopes  and  expectations  from  the  Union  Budget 2016. Both  home buyers and  developers  are  hoping  that  this  budget  may  bring  in  cheer  for  them. They  hope  that  the  Finance  Minister  Arun  Jaitely  may  announce  some  measures  in  the […]

Published on: Jan 29, 2016 @ 09:36 The  union  urban development  minister  M  Venkaiah  Naidu  on  Thursday  released  the  first  list  of  20  cities  to be  developed  as  smart  cities.   Bhubaneswar  in  Odisha  tops  the  list  followed   by  Pune  and  Jaipur  coming  to  second  and  third  position  respectively. The  union  minister  […]

Published on: Nov 21, 2015 @ 16:35 The  Central  government  has  relaxed  FDI  (foreign  direct investment)  norms  a  few  days back in  real  estate sector  also  and  offered  greater  flexibility  to  foreign  players  to  invest in  India’s property  market  without  any minimum  threshold  for  the  funds  to  be  brought in.  To […]

Published on: Sep 8, 2015 @ 13:06 NEW DELHI: The  extension  of  the  Central  Secretariat-Badarpur  Metro  Rail  corridor  till Faridabad  was inaugurated  by  Prime  Minister  Narendra  Modi  on  September  6, 2015. With the  launch  of  the  long-awaited Badarpur  Extension  of  Violet  Line, the  Delhi  Metro  has now infused  life  into  the […]

The Housing World

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