UPA Govt, introduces land acquisition Bill : Key modifications done

The Congress led  UPA (United Progressive Alliance) government introduced the  land acquisition Bill in the Lok Sabha. The National Land Acquisition and Rehabilitation & Resettlement Bill, 2011, aims to address rehabilitation and resettlement (R&R) by providing safe…

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Manjeera group’s new integrated complex in Hyderabad

Manjeera group, with interest in real estate, hotels  is coming up with Manjeera Trinity which offers office, retail space and signature apartments. According to Mr. G Yoganand, CMD, Manjeera group, ''The integrated complex, which will also have a 5 screen multiple…

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Hiranandani launches residential project in Thane

Mumbai based Hiranandani Developers recently launched a luxury residential project in Thane, called Rodas Enclave. Mr. Niranajan Hiranandani, MD, Hiranandani group said, ''Rodas Enclave is not just another attempt by Hiranandani to give Thane with one more resident…

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Once again said: SBI has no plan to launch teaser home loan

India's largest bank SBI, under the chairmanship of Chaudhuri’s predecessor OP Bhatt, was the first lender to offer teaser products in the days of ample liquidity in November 2009. Courtesy the product, it gained a dominant position in the housing loan segment by overta…

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Real estate shares - Intraday Tips - 8 September 2011

Indian Real estate major shares -  Intraday Tips for  September 8,   2011  Scrip Trigger Price Stop Loss Target 1 Target 2 DLF BUY ABOVE 206.00 204.15 208.30 211.40 SELL BELOW 201.95 203.75 199.70 196.70 Scrip Trigger Price

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Prevention and is better than the cure : RBI governor

The Indian banking regulator RBI (Reserve Bank of India) has asked banks not to impose pre closure charges on floating rate home loans as it would transfer only interest risk to the borrower and not the credit risk. Banks can, however, impose foreclosure charges on fixed ra…

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DLF to challenge Competition Commission order

Largest real estate firm DLF is planning to move the Competition Appellate Tribunal by early next week, to appeal against the CCI's (Competition Commission of India) order imposing a Rs 630-crore penalty on the DLF. DLF is consulting with law firms. The developer may t…

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