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Need more clarity on REITs' taxation: Parekh

Need more clarity on REITs' taxation: Parekh

Last Updated: Tuesday, July 22, 2014, 15:47

At his maiden budget earlier this month, Arun Jaitley had said the REITs have been successfully used to get investment into the sector.

Dollar little changed ahead of housing, inflation data

Dollar little changed ahead of housing, inflation data

Last Updated: Tuesday, July 22, 2014, 08:44

The report follows some other recent data showing higher inflation, although US Federal Reserve Chair Janet Yellen and others have downplayed those reports.

HDFC shares up 3% after Q1 earnings

HDFC shares up 3% after Q1 earnings

Last Updated: Monday, July 21, 2014, 20:24

Shares of Housing Development Finance Corporation Monday rose by 3 percent after the company reported 14.6 percent rise in its standalone net profit for the first quarter ended June 2014.

Flat-owners protest over `delay` in housing project in Gurgaon

Last Updated: Sunday, July 20, 2014, 15:57

A group of flat owners of a residential housing scheme today protested against the private builder at the construction site here over alleged "delay" in completion of the project.

Banks to benefit more than HFCs through long-term bonds: Icra

Last Updated: Thursday, July 17, 2014, 18:01

The incentives announced by the RBI "are likely to have a positive impact on banks' competitive position vis-a-vis the housing finance companies", it said in a note.

Bank of America offers $13 bn in mortgage-securities settlement

Last Updated: Thursday, July 17, 2014, 08:34

The Department of Justice, however, has demanded $17 billion from the bank, US media reported.

Home loan EMI of affordable houses may fall by 8-10%: KPMG

Last Updated: Wednesday, July 16, 2014, 20:54

EMI on home loans is expected to come down by 8-10 percent following the RBI's move to ease norms for banks to raise long term funds for financing affordable housing projects, consultant KPMG said on Wednesday.

RBI eases financing norms for infra, affordable housing

Last Updated: Tuesday, July 15, 2014, 20:27

RBI said that apart from what is technically defined as infrastructure, affordable housing is another segment of the economy which requires long term funding.

RBI to NBFCs: No pre-payment fine on floating rate term loans

Last Updated: Monday, July 14, 2014, 21:59

The Reserve Bank Monday directed non-banking financial companies (NBFCs) not to levy pre-payment penalties on floating rate term loans, including housing loans.

`Computerised draw for houses in Gujarat will ensure transparency`

Last Updated: Saturday, July 12, 2014, 21:36

A computerised draw for allotment of houses will eliminate middlemen and ensure transparency in the process, Gujarat Chief Minister Anandi Patel said.

Govt aims for housing for all by 2022, extends additional tax incentive on home loans

Last Updated: Thursday, July 10, 2014, 13:55

Further, a Mission on Low Cost Affordable Housing will be started and the same will be anchored in the National Housing Bank.

Indians bought US real estate worth $ 5.8 bn in FY'14

Last Updated: Thursday, July 10, 2014, 10:18

Taking benefit of the slump in the American housing market, Indians spent USD 5.8 billion in FY 2014 to purchase real estate in that country, a latest report has said.