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May 19, 2013
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housing
Centre hikes monetary assistance in housing prog for poor
With an apparent eye on elections, the Centre Monday hiked by Rs 25,000 the monetary assistance under its housing scheme for the poor, giving primacy to scheduled castes, tribals and minorities.
Mumbai housing prices up by 66% in 4 yrs
Housing prices have increased by an average 66 percent in Mumbai over the last four years on account of steady demand and rising input cost, according to property consultant Jones Lang LaSalle (JLL).
40,000 low cost to be built for urban poor
The complex will come over a plot of around 3 acre which is under possession of the DUSIB.
Parsvnath targets Rs 2100 crore sales from new housing scheme
Parsvnath expects sales revenue of Rs 2,100 crore from this scheme, which is applicable on 16 housing and 4 commercial projects for the next 45 days.
Realtors welcome rate cut; seek more reduction to boost sector
CREDAI stressed the need for the RBI formulating a special policy for the housing industry.
Govt mulling relaxing ECB norms for low-cost housing
Finance Ministry and Reserve Bank of India (RBI) officials are likely to meet this week to consider relaxing norms for raising funds through the external commercial borrowing (ECB) window for low-cost housing sector.
LIC Housing plans to increase NIM, reduce borrowing cost
LIC HFL, the wholly owned subsidiary of Life Insurance Corporation (LIC) had already witnessed improvement in its NIM in the fourth quarter due to repricing of loans.
LIC Housing Finance Q4 net up 25% at Rs 316.16 cr
LIC Housing Finance Friday reported 25 percent decline in net profit at Rs 316.16 crore for the fourth quarter ended March 31.
Mantri Realty to invest Rs 1,500 crore on 6 housing projects
These projects will be built in Mumbai, Pune, Bangalore, Gwalior and Solapur.
Indian housing project in Lanka makes good progress
The Indian Housing Project is a housing reconstruction project funded by the Government of India and implemented through a Memorandum of Understanding with the Sri Lankan government.
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