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Govt to raise 5% interest subvention scheme by 5-fold for poor

Govt to raise 5% interest subvention scheme by 5-fold for poor

Last Updated: Wednesday, August 20, 2014, 18:55

In a move to make finance cheaper for weaker sections of the society, the government will soon be massively expanding the eligibility cap for the 5 percent interest subvention scheme to Rs 5 lakh from the current Rs 1 lakh, a top official said on Wednesday.

Dollar hits multi-month highs in Asia on upbeat US data

Dollar hits multi-month highs in Asia on upbeat US data

Last Updated: Wednesday, August 20, 2014, 12:29

The dollar hit multi-month highs against the euro and yen in Asia Wednesday after a surge in US housing construction boosted optimism over the state of the world`s number one economy.

US stocks rise on housing data, Home Depot earnings

Last Updated: Wednesday, August 20, 2014, 02:51

US stocks on Tuesday finished with solid gains following encouraging economic data and a solid earnings report from Home Depot.

Modi effect: Chhattisgarh to build toilets in 100 schools

Last Updated: Tuesday, August 19, 2014, 22:29

Responding to Prime Minister Narendra Modi`s call for `Clean India` initiative and focus on school sanitation, Chhattisgarh Government has decided to construct toilets in as many as 100 schools.

China property prices witness sharp decline; dips for 3rd straight month in July

China property prices witness sharp decline; dips for 3rd straight month in July

Last Updated: Tuesday, August 19, 2014, 10:27

China's property prices slid for a third straight month in July, but shares in property developers -- many of which are index heavyweights evinced no particular reaction.

Maharashtra govt to ensure affordable housing for middle income group

Last Updated: Friday, August 15, 2014, 14:33

Maharashtra Chief Minister Prithviraj Chavan said the state government will ensure that middle income group people are able to afford their own houses.

'USD 2 trillion needed by 2022 to provide housing for all'

Last Updated: Wednesday, August 13, 2014, 19:25

Investments to the tune of more than USD 2 trillion would be required by 2022 to create a stock of over 110 million housing units and achieve the target of "housing for all", an industry official said here on Wednesday.

Realtors keep off govt's low-cost housing bus on low returns

Last Updated: Sunday, August 10, 2014, 17:28

The government's vision of "housing for all by 2022" may turn out to be an uphill task with developers keeping off low-cost housing projects citing regulatory hurdles, high land cost and low returns making such projects "unaffordable".

Chavan`s kin, two others left out by CBI in Adarsh case: PIL

Last Updated: Friday, August 08, 2014, 22:46

A petitioner in a PIL filed in the Bombay High Court that seeks to prosecute Ashok Chavan in Adarsh housing society scam, today alleged that four "heavyweights" had not been arraigned by the CBI as accused.

HC stays prosecution of former CM Ashok Chavan in Adarsh case

Last Updated: Thursday, August 07, 2014, 23:38

In an interim order in response to a CBI petition, the Bombay High Court on Thursday stayed the prosecution of former Maharashtra Chief Minister Ashok Chavan in the Adarsh housing society scam.

Shortage of 187.80 lakh dwelling units in urban areas

Last Updated: Thursday, August 07, 2014, 16:00

There is a shortage of 187.80 lakh dwelling units in urban areas in the country with Uttar Pradesh topping the list, the Rajya Sabha was informed on Thursday.

Supertech raises Rs 400crore from Xander for realty projects

Last Updated: Tuesday, August 05, 2014, 17:08

Realty firm Supertech today said it has raised Rs 400 crore from the private equity firm Xander to finance its upcoming township and housing projects in Gurgaon.