Maharashtra Housing Act : Will Protect Interests of Flat Owners

The proposed Maharashtra Housing Act will bring greater transparency & discipline in the transactions of flats & put a check on malpractices, Maharashtra Governor Mr. K Sankaranarayanan said recently.. Mr. K Sankaranarayanan said, “The Act will remove information asy…
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Noida, Greater Noida, Yamuna Expressway : Properties to Become Free-hold

If the new ownership policy recently announced by Uttar Pradesh state govt.is implemented, the properties at Noida, Greater Noida, Yamuna Expressway, will become free-hold. Now, plot of land is allotted on lease for 90 years in Noida Greater Noida. The authorities have formu…
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Share Market - Uncertainty, still far from over - Mr. A. K. Prabhakar

Share Market  - Uncertainty, still far from over - Mr. A. K. Prabhakar
Nifty has breached 200 day moving average at 5114 & closed below that on a three consecutive days which is very negative, till 5300 on the higher side is not crossed 4800 to 4500 could be the possible levels. Nifty crossing 5300 then retesting 5600 can not be ruled out.…
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Property Professionals : International Fellowship Degrees

Property Professionals : International Fellowship Degrees
With a view to bringing in more professionalism into Indian real estate sector, London based RICS (Royal Institution of Chartered Surveyors) will be offering its standardised courses to both construction professionals and students. RICS, a professional body that regulates p…
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Planning Commission suggestion: Free Land for 999 years to Universities

For boosting up private sector investment in higher education, the central government should allocate land free of charge for 999 years to set up an educational institution ( University) , a group set up by the Planning Commission has suggested. The Committee report on corpora…
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DLF Ltd Dispute Over CCI Penalty : New Bench to Decide

DLF Ltd Dispute Over CCI Penalty : New Bench to Decide
The Competition Appellate Tribunal (Compat) has said a new Bench will decide the DLF Ltd case wherein the India's largest real estate company has challenged CCI’s (Competition Commission of India's) Rs. 630 crore fine on it &  the final hearing has been adjourne…
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HDFC Home Loan Offers Value Added Products

HDFC Home Loan Offers Value Added Products
A wide range &  value-added products such as Home improvement Loan, Home Extension Loan, Top-up loans, Loans for NRIs, Loan against property are offered by the HDFC. HDFC HOME LOAN..! According to the HDFC officials, the company has a single window concept,which allows …
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Soon Coming PF Portable Number

Soon Coming PF Portable Number
The EPFO (Employees’ Provident Fund Organisation) will soon give subscribers a unique account number that will operate independent of employers and benefit millions of people holding jobs. The PF number portability may be by the end of this year.The number will be given to t…
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Corporation Bank : Target Price Rs. 522

During 4Q FY 2012, Corporation Bank registered flatyear on year growth in net profit to Rs.351cr, which was below our estimates mainly on account of lower-than-expected operating income (due to lower NIM) and higher-than-expected provisioning. Key positive from the results was…
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FM Announced : 1% TDS on Real Estate Deals Withdrawn

FM Announced :  1% TDS on Real Estate Deals Withdrawn
FM (Finance minister) Mr.  Pranab Mukherjee on recently  announced withdrawal of proposed 1% TDS (Tax Deduction at Source) on transfer of immovable property. The real estate industry said the move would be helpful, as TDS on property transactions would have discouraged buye…
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Dr. Manmohan Singh, a distinguished economist and former Prime Minister of India

Dr. Manmohan Singh, 1932-2024 a distinguished economist and former Prime Minister of India Economic Liberalization of (1991): As Finance Min...