DLF Ltd Case: Competition Commission of India to Modify Sale Agreement

Fair trade regulator Competition Commission of India (CCI) recently sought more time from the Competition Appellate Tribunal (COMPAT) to complete draft modifications in the sale agreement between realty major DLF Ltd & flat owners of two of its housing projects at Gurgao…

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Maharashtra: Open 31 More Offices for Property Registrations

Thirty one (31) sub-registrar offices will be opened in the state, including 6 (six) in Pune, to off load the burden of ever-increasing property registration work. A proposal seeking additions to the existing 464 offices across the Maharashtra state is under consideration. I…

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State Bank of India: Home Loans with 30 Year Repayment Period

‘Borrow now, repay at leisure’ seems to be the new refrain for aspiring home buyers as leading banks gear up to improve their retail credit portfolio by making housing loans attractive with longer repayment periods & lower EMIs. Housing loans bellwether SBI (State Bank o…

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Property Demand to Rise to 1.2 Crore Houses by 2016: Cushman & Wakefield Report

A fresh demand for about 1.2 Crore housing units is expected to be generated over the next 5 years Pan India, global property consultant Cushman & Wakefield said in a report.  The annual report “ Evolving Paradigm—Future Of Indian Real Estate” is in association with Glob…

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Federal Bank: Offers Housing Loans at Base Rate..!

Private sector lender Federal Bank on recently announced that it would offer housing loans at its base rate, which is pegged at 10.45 per cent from October 3 to October 18, 2012 as part of the 67th anniversary of its founder's day celebrations.  The Kochi-based Federal B…

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IFA Galaxy: Annual Knowledge Summit on 19th October 2012 at Chennai.

IFA Galaxy is conducting its third Annual Knowledge Summit 2012 on Friday the 19th October 2012 at Hyatt Regency, Anna Salai, Chennai. There will be 429 attendees for this meet across India from 41 cities. Time : 9 AM to 6 PM In case of any query / clarificaiton please contact…

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Indian Overseas Bank- Special Agri Land Credit Schemes - Bhumilakshmi

Bank: IOB - Indian Overseas Bank Scheme Name: Bhumilakshmi Eligibility : Small &  Marginal farmers, share croppers / tenant farmers are eligible. Total land owned by the borrowers including the land to be purchased under the scheme should not be more than 5 (Five) acres of …

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DLF Ltd Files Five Patents for Fire Safety Methods

India’s largest real estate company DLF Ltd said recently that it has filed for 5 (five) patents for inventions that relate to fire safety of its buildings.  The company has installed these systems in its commercial buildings, comprising 3 Crore  square feet, Pan India &…

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No Processing Fees on Housing Loan if Availed with Car Loan

Combo offers are usually associated with pizzas & colas, or / televisions & sound systems. But public sector banks are pushing the envelope in retail lending with combo offers. Take a housing loan& get a car loan without processing fees, and many such offers. It …

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How to Get Correct Numbers of Unsold Flats: Developers Form a Committee

Indian Developers / builders / promoters have formed an in-house committee to take stock of the demand and supply scenario in real estate. The CREDAI (Confederation of Real Estate Developers' Associations of India) formed the panel under the chairmanship of  Mr. Sandeep M…

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