Latest Realty News of Mizoram

Chidambaram urges UAE investment in infrastructure sector
May 26, 2013
Seeking more foreign investment into India, finance minister P Chidambaram on Sunday met sovereign wealth funds here and discussed scope for investing into the infrastructure sector and corporate bonds.
Singapore shows interest in Navi Mumbai airport project
May 26, 2013
Singapore has shown interest in investing in infrastructure projects in the state. In particular, it has shown interest in international airport projects and building new cities.
Maharashtra government releases grants for minorities' development
May 26, 2013
The state government has allocated Rs 82 crore for various minorities' development schemes.The decision was taken at a meeting convened by state finance minister Ajit Pawar earlier this week.
Developers gear up to tap ECB route for affordable housing
May 23, 2013
Those looking to buy a house with a modest budget have some reason to cheer.Several developers are planning to tap the External Commercial Borrowings (ECB) route to provide affordable houses.
RBS launches real estate services for HNIs
May 23, 2013
RBS Financial Services, a part the Royal Bank of Scotland Group, has announced the launch of Real Estate Services (RES) in India. This new initiative follows on from the launch of Wealth Planning, which was introduced last year.
Re 1 rent for 1,672 square metres in Matunga
May 23, 2013
In 1873, K S Thakkar and four others were given 2,350 square metres of land in Mazgaon for next to nothing. The lease rent was Rs 1.53 a year. The lease expired in 1972, but the collector has not bothered to renew it and meekly collects the rent set 140 years ago
Twin benefits: Save and prepay home loan
May 20, 2013
Usually, a home loan is one of the biggest liabilities. Considering the huge amount and the long tenure involved, it is advisable to repay the loan at the earliest. And, as both the Reserve Bank of India and the National Housing Bank have abolished the penalty on prepayment of home loans (for floating rate loans), it is sensible to prepay your home loan and save on interest.
Pocket-friendly homes for all
Apr 10, 2013
BHUBANESWAR: The state government is all set to create 5,000 affordable housing units in the city soon by involving private developers, housing and urban development (H&UD) secretary Injeti Srinivas said here on Tuesday.
Realtors under Sebi scanner for fraudulent investment schemes
Mar 24, 2013
NEW DELHI: Suspecting investor frauds in the projects being launched by numerous real estate developers, capital markets regulator Sebi is probing them for possible violations of Collective Investment Scheme regulations.
Builders cut apartment size and price to perk up demand in dull market
Mar 22, 2013
NEW DELHI/MUMBAI/BANGALORE: Builders have begun to bring down prices to prop up home sales in an abysmally dull market, gladdening the hearts of potential buyers.
Housing ministry seeks single window clearance for real estate projects
Mar 21, 2013
NEW DELHI: A committee under the housing ministry has recommended a technology-enabled single-window portal for streamlining the process of approvals for real estate projects that may help developers bring down home prices.
Indiabulls enters agreement with Doha Bank for NRI deals
Mar 20, 2013
DUBAI: Indiabulls Real Estate Ltd has tied up with Doha Bank to offer its NRI customers exclusive deals on properties in India.
Buildings shorter than 15 m don’t need environmental nod
Mar 20, 2013
NEW DELHI: Faced with enormous delays in getting approvals, Value & Budget Housing Corporation is now adopting a strategy of developing smaller five-acre housing projects that do not require the environment ministry's clearance, thus saving the company at least 12-18 months.
Realty players seek more cuts in RBI rate to boost sector
Mar 20, 2013
NEW DELHI: Real estate players and analysts on Tuesday welcomed the Reserve Bank's move to cut short-term lending rates, but said that more such steps are needed to bring growth back to the sector.
Act before the builder goes bust
Mar 19, 2013
Recently, realty developer Housing Development Infrastructure (HDIL) issued a statement to say it was not going bankrupt. HDIL made this statement after its stock fell over 30 per cent in three trading sessions. This may have given some comfort to home-buyers in HDIL's yet-to-be completed projects. But what about those who have booked flats in projects where details of the builder are not known? How will you know if your builder is in a position to complete the project or not?
Budget 2013 proposals disappoint real estate developers
Mar 05, 2013
Finance minister P Chidambaram announced a number of sops for low-income homebuyers in the Union Budget for 2013-14.
Infrastructure status to affordable housing to bring growth
Mar 05, 2013
For a long time now, the real estate industry has been pitching for an industry status for the sector. According to Ajay Maken, the Union Minister for Housing and Poverty Alleviation, this will improve the access to funding and help in creating more affordable housing stock in the country.
Sahara urges Sebi to verify repayments to investors
Mar 05, 2013
NEW DELHI: Caught in a legal battle with Sebi and directed by the Supreme Court (SC) to refund Rs 19,000 crore to investors by depositing this amount with the market regulator, Sahara has asked for the appointment of a credible agency to verify the authenticity of claims of repayment made by the two Sahara companies - Sahara India Real Estate Corporation and Sahara Housing Investment Corporation.
Too many loans for buying real estate can be risky
Mar 04, 2013
There is a worrisome trend today. People take loans to acquire properties - not just for home for self use, but for investment in home and land. The current thinking among most investors is that property is the only asset that will give good returns. One may wonder - what is so worrisome about this? The point is that investors are going in for multiple properties, in many cases liquidating most of what they have and taking a loan for the rest.
Budget 2013: Will property become more affordable now?
Mar 04, 2013
If you are still waiting to buy your first house, the budget has some good news for you. The finance minister has extended an additional benefit of Rs 1 lakh on home loans up to Rs 25 lakh for first time property buyers.
Real estate regulator may not monitor commercial projects
Mar 01, 2013
in a move that may bring relief to developers, the Ministry of Housing & Urban Poverty Alleviation has decided to keep commercial offices and shops/malls out of the purview of the Real Estate (Regulation & Development) Bill.
Budget 2013: No proposal to benefit real estate significantly.
Mar 01, 2013
For the real estate sector this budget didn't provide any proposals which could benefit the sector significantly. Additional interest deduction of Rs 1 lakh for low cost housing (where loan taken is less than Rs 25 lakh) in addition to the current deduction of Rs 1.5 lakh should be welcomed by the sector.
Budget 2013: Luxury homes for the rich to become more expensive
Feb 28, 2013
MUMBAI/BANGALORE: Luxury homes for the rich would become more expensive after the finance minister today reduced the abatement on service tax availed by real estate developers for homes and flats above 2,000 sq ft or costing Rs 1 crore and above to 70% from 75% earlier.
Budget 2013: A boost for affordable housing says Gagan Banga, Indiabulls
Feb 28, 2013
"One has to compliment the Finance Minister, Mr P Chidambaram, for addressing the nation's priorities in his budget for 2013-14," said Gagan Banga, CEO, Indiabulls Financial Services Ltd, adding, "he has presented a realistic and balanced budget, which is a good beginning."
Housing prices rise by up to 9.6 pc in 18 major cities: NHB
Feb 27, 2013
NEW DELHI: Housing prices have risen in 18 major cities, including Delhi and Mumbai, by up to 9.6 per cent during October-December period 2012 compared with the previous quarter, according to National Housing Bank (NHB).

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