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May 22, 2012
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Property Plus
Union Bank cuts home loan rates
The bank had last month cut its base rate or the minimum rate of lending by 0.15%.
Lodha in advanced talks to buy DLF`s Mumbai land: Report
Lodha Group is in advanced talks to buy DLF`s Mumbai plot for about $500 mn.
Hotel Leela appoints marketing partners in US for 2 properties
Hotel Leelaventure manages seven hotels in India.
Union Bank cuts home loan rates
Lodha in advanced talks to buy DLF`s Mumbai land: Report
Hotel Leela appoints marketing partners in US for 2 properties
Latest News
Govt for TDS on real estate transactions
In order to check generation of black money in the real estate sector, the government's White Paper has suggested introduction of tax deduction at source (TDS) on sale-purchase of properties.
Despite rising prices, homes most affordable in 30 yrs: HDFC
Housing may be perceived to have gotten very expensive at the current sky-high levels, but data compiled by mortgage giant HDFC Ltd shows that home prices are near their most affordable level in over three decades.
Govt to reject parl panel suggestion on land acquisition for private parties
Highly placed sources in the Rural Development Ministry said it will not be feasible to ignore some of the provisions in the original Bill such as those dealing with acquisition of land by the government for private business.
AI to appoint real estate consultant
Air India is likely to appoint a real estate consultant very soon to prepare a roadmap for monetising its assets in India and abroad worth Rs 5,000 crore over the next decade, official sources said on Friday.
Double home loan cap to Rs 10 lakh: RBI
In a bid to promote housing for low income groups in major cities, Reserve Bank on Friday directed urban cooperative banks to double the limit for home loans to Rs 10 lakh for consideration under priority sector lending.
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Upcoming Projects
Godrej to focus on residential space
GPL plans to launch 15 projects this fiscal.
Ansal plans to expand townships in Lucknow, Greater Noida
Ansal is currently developing a 3,500-acre township Sushant Golf City at Lucknow.
Gulshan Homz to invest Rs 900cr on Noida housing project
The construction would start from the next month.
Top News
Most Read
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Illicit outflow of money from India pegged at $104 bn
Govt for TDS on real estate transactions
RIL seeks USD 1 bn loan to fund expansion
Tax Dept detects concealed income of Rs 19,938cr in last 2 yrs
Morgan Stanley cuts India's growth forecast to 6.3%
Sony Xperia P priced Rs. 25,500 on Infibeam
White Paper for setting of Lokpal to deal with black money
Centre not sitting idle on rupee crisis: Pranab
Fuel price hike likely soon: IOC
Air India crisis enters 13th day, Rs 230 cr loss so far
Oil bill balloons following rupee depreciation
Fuel prices likely to rise
`Willing to hold unconditional talks`
2G case: A Raja granted bail
Air India sacks 25 more pilots
Galleries
G-8 Summit
Facebook IPO: Historic debut
Top 10 Asian companies
Samsung Galaxy S3
Comeback of iconic Vespa
Indians wary of investing in property: survey
Uncertainty in the real estate sector is keeping the Indian home buyers away.
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