18 to 20% growth in housing loans in 2012-13: NHB Chairman

Loan portfolios of housing finance companies grew at a slower clip in 2011-12 compared with the previous year because of tight liquidity conditions &  higher borrowing costs. As per NHB (National Housing Bank), India's regulator of housing finance companies data sh…

Share:

Read More

63% Indians Used Pirated Software in 2011

According to a 2011 Global Software Piracy Study, The number of Indians making use of pirated software declined by merely 1% during 2011 as against 2010, . This study has been done by independent firm BSA (Business Software Alliance) and it further elaborated that almost 63%…

Share:

Read More

For Second House: Deemed to be rented, full housing loan interest is deductible

The limit of deduction towards home loan interest payment can be determined based on full facts. Assuming that you do not own more than one house, the said house shall be considered self-occupied property. You shall be eligible to claim a deduction towards interest payment …

Share:

Read More

TNHB: Offers allottees option to revoke cancellation up to June 20

The Revocation Committee of TNHB (Tamil Nadu Housing Board) has decided to give a final chance to the allottees of various schemes of Tamil Nadu Housing Board whose allotments have been cancelled due to nonpayment of monthly installments for three months consecutively. …

Share:

Read More

CREDAI : Bangalore New Office Bearers

Mr. Nagaraj R chairman, Zonasha Projects, has been elected president of the Confederation of Real Estate Developers' Association of India (CREDAI) – Bangalore, for 2012-14. The real estate industry body CREDAI said., "CREDAI – Bangalore has declared the new office-…

Share:

Read More

In case of divorce : Women to get a share in husband's residential property

The central  government on recently approved fresh amendments in a Bill pending in the Rajya Sabha, to give the wife a clearly-defined share in the husband's immovable residential property. A meeting of the Union Cabinet, chaired by Prime Minister Mr. Manmohan Singh, t…

Share:

Read More

Marg ProperTies : Unveils Apartments Pushkara in Chennai

Marg ProperTies, the real estate arm of Marg has now launched a residential apartment project ‘Pushkara’ on OMR, Chennai’s IT corridor. The project will come up very close to the Siruseri Sipcot IT Park, which itself is spread above 1000 acres and houses independent IT par…

Share:

Read More

World Day Against Child Labour - June 12....

 Special Bulletin by CMPA Crores of people around the world observe 'World Day Against Child Labour' on June 12 every year. International Labour Organization (ILO) launched the World Day Against Child Labour in 2002 to focus attention on the efforts needed to elimi…

Share:

Read More

Nifty Downside Target 3500

In Outlook for 2012 have given a downside target of 3500 in Nifty. Now many factors are confirming this view and previous occasion whenever Index has cut previous year’s low about 20% correction has happened &  with liquidity drying , Rupee heading towards our level of …

Share:

Read More

Investment prospectus and Planning for 2012-13 : M. Shekar, ED, DBFS

Mr. M. Shekar, Executive Director, Doha Brokerage and Financial Services Ltd addressing Madras Stock Exchange Members, Investors on "Investment prospectus and Planning for 2012-13" held on 21.4.12

Share:

Read More