Online building approval system to cover 500 cities in one year

Online building approval system to cover 500 cities in one year.

NEW DELHI: All the 500 cities covered under Atal Mission for Urban Rejuvenation (AMRUT) will introduce online building approval system in the next one year, housing and urban affairs minister Hardeep Singh Puri said on Tuesday. Currently, this facility for citizens is available only in Delhi and Mumbai where the period for sanctioning building plan […]

Different types of Home Loans

SBI makes home loans above Rs 75 lakh cheaper

MUMBAI: Country’s largest bank, State Bank of India (SBI) has taken a lead and lowered interest rates on loans above Rs 75 lakh. This comes within days of Reserve Bank of India reducing capital requirement on big ticket home loans. The bank has lowered home loans rates by 10 basis points for home loans above […]

Now, affordable housing is driving home loan growth

Now, affordable housing is driving home loan growth

MUMBAI: After years of selling pricey luxury homes that boasted amenities like signature golf courses and jacuzzis, builders finally seem to be moving toward modest apartments to suit middle-class pockets. A clear indicator of this is the sharp uptick in home loans driven by sales of houses costing below Rs 30 lakh. The cue for […]

Hi-tech jackpot 15 acres to be auctioned in Cyberabad

Hi-tech jackpot: 15 acres to be auctioned in Cyberabad

HYDERABAD: In just a little over a week from now, Hyderabad will find out where it stands with respect to its real estate growth. For, the Telangana State Industrial Infrastructure Corporation (TSIIC) has decided to take up auction of big land parcels, especially in the upmarket areas of the city , after a one-year gap […]

RERA likely to make houses more expensive Surendra Hiranandani

RERA likely to make houses more expensive: Surendra Hiranandani

Real Estate Regulation & Development Act (RERA) is a defining moment in the Indian real estate sector. It will bring in a systematic approach and enhance transparency which will aid growth of the sector. To the buyers, it safeguards their interests: brings transparency, ensures accountability and timely completion projects. Unfortunately RERA does not address the […]

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