
Mumbai: The Land Bill cast a dark cloud over planned townships, reducing chances of availability of good homes at affordable rates. Now, looks like the interest rate hike is going to rain it down hard, making affordable housing almost akin to a dream. RBI on Friday hiked base rates for the 12th time in 20 months by 25 basis points to 8.25 per cent. The bankers are neither ruling out...

03:30 PM, Sep 16, 2011

Noida: Since 2008, residents of the National Capital Region (NCR) have had to contend with a very annoying problem: Endless text messages about yet another upcoming real estate project in the Noida and Greater Noida region. Those messages reflect the bustle of a new urban centre at the south-eastern edge of New Delhi. The Noida-Greater Noida region has steadily risen to become the leader in residential real estate sales in...

11:31 AM, Jun 07, 2011

New Delhi: The government on Monday said low-cost housing loans of Rs 15 lakh will be eligible for one per cent interest subsidy, which will help in increasing the demand for such housing. In his Budget speech, Finance Minister Pranab Mukherjee said he is liberalising the existing scheme of one per cent interest subvention on housing loans up to Rs 15 lakh, where the cost of house does not exceed...

12:15 PM, Feb 28, 2011

The Finance Minister's proposals were welcomed by the realty sector. ...

07:21 PM, Feb 26, 2010

Will the new Government live up to India's expectations? ...

08:06 PM, Jun 20, 2009

The Maharashtra Cabinet discussing a change in urban land ceiling policy may come up with a revised housing policy on November 1. ...

02:02 PM, Nov 01, 2006