The Dubai Real Estate Court has ruled recently that a real estate firm should pay back Dh 4,23,000 to a customer , after it has been proved that it had failed to complete a property project he had signed up to purchase. The court also cancelled the purchase deal which had b…
LIC to give 6% return on ULIP Pension Plus
LIC (Life Insurance Corporation of India) is set to offer up to 6% annual return on Pension Plus, its ULIP - (unit-linked) pension product.
This comes at a time when the insurance regulator has been forced to withdraw the controversial 4.5 per cent guaranteed return clause…
Five Years: About 60 Mutual fund schemes vanishing
Now a days, In India more mutual fund schemes are vanishing. In the first seven months of 2011, as many as 41 funds have been merged into another one. During the previous three years, this number was just 37. In fact, in the 5 years from 2006 to 2010, there were a total of 5…
LIC agent attrition rate is at 15 to 20%
The south central zone ( Andhra Pradesh and Karnataka), LIC (Life Insurance Corporation of India) will be recruiting 1 lakh agents to give a push to its growth targets set for the current 2011 - 12 financial year. The new recruits would take the total strength of LIC’s agen…
Teaser Home loans are stay in India?
AT A time when home loan borrowers are getting increasingly apprehensive about the interest rate burden piling up on their equated monthly instalments (EMIs), home loan companies are trying to create excitement in the segment by offering attractive interest rates on new l…
S&S Green launches Green Grace in Hyderabad
Hyderabad based S & S Green Projects is coming up with a platinum precertified green project, Green Grace, near Gachibowli, in the proximity of Outer Ring Road, Hyderabad
The Rs 220 crore project, coming up on 6 acres, will be completed in 3 phases. The first phase (ph…
Property returns: 90 defaulting IAS officers face action
Government of India, has decided to take action against about 90 IAS officers who have failed to submit their property returns despite several reminders.
According to DoPT (Department of Personnel and Training ), nearly IAS 90 officers at the level of director, under se…
Home price rise in India, Second highest in world : Knight Frank
According to Knight Frank’s latest global housing price index for the second quarter of calendar year 2011, In India, Residential prices saw the second highest annual growth among 50 countries of the world.
Knight Frank’s Index, housing prices in India grew by 21.3% in t…
Single land deal: Noida collects Rs 367 cr
Noida Authority recently registered its largest revenue collection worth Rs 367 crore from a single land deal.
Mr. Vijay Deo Sharma, DIG (Stamps) said. "This is the largest revenue collection from a single land registration. The land was registered at additional dist…
Dubai property court orders firm to pay dirham 4, 23,000 to buyer
The Dubai Real Estate Court has ruled recently that a real estate firm should pay back dirham 4,23,000 to a customer , after it has been proved that it had failed to complete a property project he had signed up to purchase.
The court also cancelled the purchase deal which…
