AR Group launches villas in Chennai

The Chennai based AR Group has launched Amara Ananta, about 4.2-acre residential project on ECR (East Coast Road)), to the south of Chennai. Nearly 25 luxury villas on a 6,000-sq.ft plot, within a gated community, are on offer at about Rs 6 crore each, at Palavakkam, a coa…
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Bollywood actress Shilpa Shetty enters into real estate

Bollywood actress Shilpa Shetty and her husband Raj Kundra are entering into the real estate in a big way . They launching a premium residential apartment complex near the Mumbai domestic airport and by bidding for Hindustan Unilever's Gulita property in Worli.
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Today’s Technical Term - Adjustable-Rate Mortgage

Adjustable-Rate Mortgage (ARM)   is a mortgage loan with the interest rate changes periodically adjusted based on an index which reflects the cost to the lender of borrowing on the credit markets.  It is also called variable-rate mortgage. The loan may be offered at the bank…
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Dena Bank cuts floating loan rates by 0.25%

Dena Bank on Monday announced a 0.25% reduction for floating rate home loans. The offer would be valid until December 31, 2011. On September 21, Dena Bank had cut rates on new housing and car loans by 0.25% and processing fee by 50%.
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FII Net Investments

FII Net Investments in Indian stock market In Indian stock market FII’s net investments in current year upto September 2011 was minus 291.6 Crore. FII Net Investments - 2011 (in INR crore)  Month Equity Debt Total January -4813.2 10176.7 5363.5 February -4585.5 1315.7 -3269.8
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Sunil Mantri Group: Discounts worth up to Rs.1 lakh

Sunil Mantri Group:  Discounts worth up to Rs.1 lakh
India’s one of the big  developer of residential and commercial spaces, Sunil Mantri Group, is hosting a marketing initiative ‘Mantri Mahotsav’ for its residential and commercial projects in Mumbai, Bangalore and Solapur. The said initiative already starts on 28 September a…
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Sobha Developers: Rs 250 crore invest in Chennai property

The Bangalore-based company real estate company Sobha Developers will invest Rs 250 crore to develop its property in Chennai.. According to Mr. J C Sharma, MD, Sobha Developers , "We will be launching in new areas. We will be launching in Chennai, where the property w…
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Farm land reforms: CII Says other states follow Punjab & Rajasthan

Industry chamber Confederation of Indian Industry (CII) called for replication of farm land reforms initiated by Rajasthan and Punjab by other states, CII in a  statement  said, ''Wehas been a strong advocate of legalising the leasing of agricultural land on long t…
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Acron Developers offers: Flats in Goa

Mumbai based real estate company,  Acron Developers, has opened bookings for its Emerald Court property,  flats in Goa. The company has invested about Rs 300 crore in the project at Nagoa, Arpora village, a 5-10 minute drive away from the famous Calangute and Baga beaches. …
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Home Loan: Fixed rate schemes are best?

Home Loan: Fixed rate schemes are best?
In India banks and housing finance companies to offer dual rate housing loans where interest rates remain fixed for a period of one to five years and then become floating rate. India’s largest private bank ICICI bank, India’s largest private housing loan company HDFC recen…
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