Real Estate Price Trend : Bengaluru City From 2007 to 2012, March

Residex BENGALURU City  The National Housing Bank's (NHBs) property price index, Residex, for the January to March 2012 quarter shows a mixed trend with 5 cities showing a rise and 10 recording a decline. A key feature of the latest Residex is that five more cities have…

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Near Melmaruvathur 1,200 Square Feet Plot Rs. 1.2 Lakh Only

Chennai West Tambaram based  Selvi Enterprises launches its new project near Melmaruvathur (மேல்மருவத்தூர்). Here 1,200 Square Feet Plot Rs. 1.2 Lakh Only. Lay out name, Sree Ganesh Nagar Highlights of  Sree Ganesh Nagar..! * From Melmaruvathur 7 KM * From Acharapakkam (அச்ச…

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BSE : Eases Relisting Norms For Suspended Companies,..!

The BSE (Bombay Stock Exchange) has revised the relisting norms for firms, which were recently challenged by a PIL (public interest litigation) at the Delhi High Court. According to the new norms, which the exchange’s board approved on April 27, 2012 suspended companies are…

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India: Demat Accounts Cross 2 Crore Mark

With a push from commodity traders, the number of demat account holders in the country has crossed  2 crore (20 million) mark in May, 2012. Majority of the about 3 lakh demat accounts opened this year (2012) so far have been by those who are buying gold, silver, copper an…

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India Mortgage Guarantee Plan: May Hike Loan Amount, Reduce Interest Rates

In India, Banks and Housing finance companies (HFC) waiting for a circular from  National Housing Bank (NHB) to get a clear picture of implications Housing  loan seekers may experience some relaxation with the advent of India Mortgage Guarantee Company, which will be operat…

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Vision India Real Estate: Launches New Flats on Padur OMR, Chennai

Vision India Real Estate recently announced the launch of Imperial Red, a 19 storey tower with 140 flats. Imperial Red, is a part of the company's “The Gem Grove” community on Padur OMR (Old Mahabalipuram Road) and is spread a cross 6.64 acres. The first phase of this …

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Corporation Bank : Cuts Housing Loan Rates

MANGALORE based Corporation Bank has reduced interest rates on home loans with effect from June 1, 2012 The reduction varies from 0.10% to 0.75% for different tenors &  the amount of loans sanctioned. Following are the floating rates of interest for housing loans. For lo…

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Indian Real Estate Trend : NHB Residex - DELHI

NHB Residex - DELHI             Now, National Housing Bank’s -  NHB RESIDEX has covered 20 cities in the first phase, it is proposed to cover 35 cities having million plus population.  The proposal is to expand NHB RESIDEX to 63 cities, which are covered under the Jawahar…

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