by Advocate Mr. Hari
Raheja Investments in property (House and
Plot of Land) in India will give an NRI ( Non Resident Indian) or / PIO ( Person of Indian Origin ) many benefits. 1. Can an NRI or / PIO borrow locally in India & invest
in property? Yes, housing and plot loa…
Tamil Nadu Starts Implementing Solar Lighting Programme in 3 lakh Houses
The Tamil Nadu (TN) Government has
commenced the implementation of its ambitious programme to provide solar
powered lights to 3,00,000 ( 3 lakh) houses in the State. First of kind in
India..! Mr. Sudeep Jain, CMD, TEDA - Tamilnadu
Energy Development Agency, said, '' Wo…
Return on Real Estate Investment: Mumbai Topped
In a Makaan IQ survey on 7 Top Indian
Cities conducted across about 1,105 respondents, 12 cities were measured on the
basis of 7 living parameters. 12
Cities..! The cities were 1. Delhi - NCR (National Capital
Region) 2. Mumbai 3.
Bengaluru 4.
Hyderabad 5.
Chennai 6. Ahmedabad …
India:Organic Foods Market Growing at 20%
The market for organic food products in India is growing at 20 to 22% per year. Mr. Girish Aivalli, Country Head - Food and Agribusiness, Yes Bank said, “The market for organic foods is growing at a CAGR of 20 to 22%”. With rising spending power of the growing middle class in…
SEBI toll-free Helpline service Available All 7 Days
Investors can access market regulator SEBI’s toll-free helpline service for guidance & assistance on various matters on Saturdays & Sundays as well, the regulator said in a note on recently. SEBI’s helpline for investors 1800 22 7575 or 1800 266 7575 will now be av…
ID Card Must For Rail Journey
The passengers have to carry a proof of identity while travelling in trains in India. Passengers booked on the tickets issued from computerised Passenger Reservation System (PRS) and Internet (i-ticket), undertaking journey in AC - 3 tier, AC - 2 tier, 1st AC, AC chair car a…
Pension Funds Offered by Indian Mutual Funds..!
There are just 2 pension fund products offered by mutual funds in India. UTI Retirement Benefit Pension Fund..! One by UTI Mutual Fund. The fund name is Retirement Benefit Pension Fund. The fund size is Rs. 827 crore as on August 30, 2012. Templeton India Pension Plan..! Anoth…
HDFC's TRUFIXED Home Loan
Under
this Trufixed Home Loan product the house buyer has the option to choose a
Fixed Interest Rate Period (FIRP) between 3 to 10 years . Post
the fixed rate period the loan will automatically convert to a variable
(Floating) rate product. The home buyer also has the option…
Manpower Requirement in Indian Real Estate Sector..!
by Mr. Jappreet Sethi, JLL
India Built
environment (comprising of construction, the buying, selling & leasing out
of property estate & various other related real estate-related activities)
is one of the major contributors to the Indian economy. Manpower Requirement..…
Finance Minister’s Plea to Cut Home Loan Rates: Three Banks Follow
More
state owned banks are responding to finance minister Mr. P.Chidambaram plea to
cut interest rates to spur growth. On
recently, 3 banks - Corporation Bank, Union Bank of India (UBI) and Central Bank of India slashed interest
rates on housing loans. Corporation
Bank..! Cor…