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RERA has revived home sector demand

RERA has revived home sector demand

SBI is seen to be among the major gainers from the government’s move to inject equity into state-run banks to enable them to lend more and spur economic activity. In an interview with TOI, Rajnish Kumar, the newly-appointed chairman of the country’s largest bank, talks about signs of change in the economic situation and expects […]

Law to curb false advertisements for buyer safety soon: PM Modi

Law to curb false advertisements for buyer safety soon: PM Modi

NEW DELHI: Government will bring in a new law to crack down on misleading advertisements and set up a central authority to fast-track redressal of consumers’ grievances, Prime Minister Narendra Modi said on Thursday . The proposed law, awaiting Cabinet approval, provides for fine up to Rs 50 lakh and up to three years’ ban in case of misleading […]

HC sets 2021 deadline for builder in Powai

HC sets 2021 deadline for builder in Powai

MUMBAI: The Bombay High Court on Tuesday directed Lakeview Developers run by the Hiranandani group to construct around 2,398 affordable houses in Powai before June 1, 2021, according to the undertaking given by them. The developer will have to build around 887 flats of 861 square feet each and 1,511 flats of 430 square feet each.A specified number of flats would have […]

Happening hubs

Happening hubs

Undri-Pisoli belt is getting lots of focus from the homebuyers due to the availability of homes within their budgets. Pune’s outskirts are growing at a faster pace. They sport a new look with sound civic infrastruc ture and good residential project. Ample availability of land sets Pune apart. With the residential realty market in the […]

Beyond your city – The talking point – Talegaon

Beyond your city – The talking point – Talegaon

Talegaon’s journey from being a second home destination to a prime residential hub is noteworthy. Located around 40 kilometres from Pune, Talegaon was an erstwhile second home destination, thanks to its scenic beauty. However, in the last couple of years, it has emerged as a prime residential hub. The area gradually started witnessing growth with […]

5 things NRI buyers must know about home loan

5 things NRI buyers must know about home loan

An NRI or a non-resident Indian can easily take a loan from any of the lenders in India for buying a property in the country. 1) A resident Indian as a co-applicant or a co-borrower or a co-owner of the property should be a part of the application that is to be submitted 2) The minimum age […]

Insolvency rules tweaked, home buyers get cover

Insolvency rules tweaked, home buyers get cover

NEW DELHI: The Insolvency & Bankruptcy Board of India has amended rules to mandate that any resolution plan for a company has to explicitly state how it has dealt with the interest of all stakeholders. This move is aimed at protecting the interests of home buyers of real estate players such as Jaypee Infratech+ and some of the entities […]