RBI's House Price Index : Up 6.7% in first quarter of 2012-13..!

There has been a 6.7% growth in housing prices across the country in the first quarter of the current fiscal (2012-13), RBI (Reserve Bank of India) said recently. House Price Index..!  RBI macroeconomic and monetary developments report released on the eve of monetary policy a…

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Special Townships in Mumbai : Hike in FSI..!

Maharashtra  Chief Minister Mr. Prithviraj Chavan on recently reiterated plans to increase the FSI (Floor Space Index) for special township projects. The state government’s special township policy allows a private developer holding above 100 acres of land to develop township…

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Diwali : Muthoot Finance Offers Assured Gift to Money Transfer Customers

Muthoot Finance Ltd, the largest private player with above 3,800 Money Transfer payout centers in India has come up with assured gifts to all its Money transfer customers in Tamil Naidu during the festive season of Diwali. The company boasts of the 20 lakh Money Transfers it…

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Reserve Bank Policy : What Impact On Borrowers & Investors..!

India's banking regulator, the Reserve Bank of India (RBI) in its second quarter review of monetary policy 2012-13, has taken some measures to improve various customer and investor service issues. NEFT - National Electronic Funds Transfer..! Starting from 19 November, 201…

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Festive Season: Smart and Safety Shopping Tips

by Ms. Harshala Chandorkar, CIBIL Gifiing is an integral part of celebrating the festive season. Indian people tend to go on a buying spree with plans to spend on buying home appliances, cars, plot of land, houses and other electronic goods during this period. Among these, q…

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Cement Price Per Bag : Hyderabad - Rs. 260, Chennai Rs. 325..!

Cement prices have once again started to rise rapidly in Andhra Pradesh (AP). Within weeks, the building material has seen 2 hikes, each time minimum Rs. 15 for a 50 kg bag . Another Round of Hike..! In October, 2012 alone, the price in Hyderabad market touched Rs. 260 per ba…

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MCHI- CREDAI Mumbai Expo: 120 Developers, Showcase 15,000 Properties

Developer body MCHI - CREDAI has embarked on an ambitious 4 day property expo from November 01, 2012 showcasing flats, bungalows & commercial offering from across Mumbai city and the MMR (Mumbai Metropolitan Region). With India's leading private bank Axis Bank joinin…

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JLL India: Launch Real Estate Fund

Property consultancy company Jones Lang La-Salle (JLL) India has set up a new entity JLL Segregated Funds Group to raise funds to invest in the Indian real estate market, and its first fund worth. Rs. 300 crore will be launched soon in the domestic market. Capital market reg…

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Is NRIs Can Open a PPF Account in India?

NRIs (Non Resident Indian's)I were not eligible to open a Public Providend Fund (PPF) account & the account will be treated as void abinitio. NRIs have restrictions in investment options. But there are asset classes where NRI can invest like FDs (Fixed Deposits), stoc…

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Only 20% Consumers Aaware Protection Law.!

In India , only 20% of consumers are aware of the consumer protection law & just 42% of them have heard about consumer rights, a new study has said. Consumer is King..! Food and Consumer Affairs Minister Mr.K V Thomas said, "We proclaim consumer is king. Unfortunatel…

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Landmark Construction: Fully-furnished Flat in Chennai

Chennai based Landmark Construction had launched a fully-furnished, apartment project in the ultra-premium segment pegged on a “walk in and live” concept. Mr. T. Udayakumar, Landmark Construction said, ''Buyers can expect accessories including electrical appliances a…

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National Housing Bank : Fund Stalled Housing Real Estate Projects..!

The National Housing Bank (NHB) has begun the search for stalled housing projects that can turn viable with a fresh dose of financing. The NHB will coordinate with builders / developers / promoters assess project viability & facilitate bank funding after restructuring ac…

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Finding Real Value in a Course Correction: Adapt, Sustain & Grow

by Mr. Ashutosh Limaye, JLL India The real estate sector is treading into a new cycle post its learning over the last 4 to 5 years. After their exposure to both a pre  GFC (Global Financial Crisis) and post-GFC scenario, industry stakeholders have made changes to adapt to th…

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Outstanding Contribution in Constructive Work: Jamnalal Bajaj Foundation Awards

This year’s Jamnalal Bajaj Foundation Awards ceremony is scheduled to take place on November 15, 2012.  The awards will be presented at a special function in Mumbai. The event will be graced by the presence of Chief Guest Honorable President of India, Mr.Pranab Mukherjee. Th…

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Local Administration Day November 1

The Tamil Nadu State Government celebrate November 1 as Local Administration Day. The Rural Department &  Local Bodies would chalk out special programmes, organise competitions for school students. Celebrated in Panchayats..! Local Administration Day will be celebrated in …

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