Latest Realty News of Mizoram

Economic Survey 2013: Delays in clearances jack up property prices by 40%
Feb 27, 2013
New Delhi: Property prices in India shoot up by 40 per cent due to delays in starting of projects, which require 34 procedures to get clearance, taking an average of over six months time and the issue needs to be addressed, according to the Economic Survey.
What will Budget 2013 hold for the real estate sector?
Feb 26, 2013
Will Budget 2013 give the Indian real estate market enough lift to help it kickstart a sagging economy? Historically around the world real estate and infrastructure are sectors that can add a lift to the economy when it stagnates.
Budget 2013: Real estate seeks industry status, tax rebates
Feb 17, 2013
New Delhi: As the Budget 2013 approaches, the developers and realty experts are keenly waiting on what the government has for the real estate sector this year. Major realty developers and experts voicetheir demand on the government. Industry status tops the agenda.
Budget to lift low-cost homes
Feb 16, 2013
New Delhi: The government is set to provide a fillip to the affordable housing segment in the coming budget to address a growing middle class hunger for homes. The thrust would be on the sub Rs. 20 lakh homes, government sources said, indicating tax breaks or other incentives like easier loans that may be provided for cheaper homes.
Budget 2013-14: The pragmatic realty sector is moving beyond rhetoric
Feb 13, 2013
Come budget and the real estate in the last few years seems to have been repeating the rhetoric of industry status. As a result, year after year it has been a case of realty proposes and the Finance Minister disposes. However, the sector on the eve of 2013-2014 makes a strategic shift to be more realistic with its causes and concerns .
Understand ‘rest’ periods when choosing home loan offers
Feb 13, 2013
Financial institutions have various parameters surrounding the loan amount detailing the manner in which the loan is repaid. One such parameter is 'rest'. This is the regular interval at which the loan amount balance is recalculated and also refers to the periodicity of compounding. This can be possible only in the case of reducing balance loan amounts. A rest can be yearly, monthly or even daily.
New growth centres for residential realty
Feb 13, 2013
As per the 2011 census, there are 53 urban areas with a population of more than a million each. The manufacturing, trading and services activities in these cities are the major contributors to the Indian economy.
Urban aspirers need houses
Feb 13, 2013
Can the aspirations of 100 million people be possibly ignored? First, consider the statistics. India's urban population has grown at a compounded annual growth rate of 2.8 percent over 2001-2011, resulting in an increase in urbanisation. Out of India's billion-plus population, 377 million people are urban dwellers. According to Ministry of Housing and Urban Poverty Alleviation the urban housing shortage is estimated at nearly 26.53 million households for the 11th Five Year Plan.
Row over Netaji’s Puri property
Feb 09, 2013
An ancestral property of Netaji Subhas Chandra Bose in Odisha’s temple town of Puri has come under the spotlight with some of his relatives based outside the state asking local authorities to delete the freedom fighter’s name from the official document of the century-old property.
Home loans to get cheaper after RBI cuts rates at last
Jan 30, 2013
If you're planning to buy a home, there's good news around the corner. On Tuesday, the Reserve Bank of India (RBI) announced a long-awaited cut to its main interest rate, goading banks into reducing the cost of housing loans.
Rate cut expected to soften home loan rates, improve dipping home sales
Jan 29, 2013
NEW DELHI: Home buyers could be in for a cheer this spring as home loan rates are expected to soften after the Reserve Bank of India reduced its key policy rates.
Correction in the housing market may be round the corner
Jan 28, 2013
NEW DELHI/MUMBAI/BANGALORE: Home prices in Mumbai softened in the December quarter while price growth in other Indian cities slowed, two real estate consultancy firms have said, reinforcing speculation that a correction in the housing market could be round the corner.
Citibank's cash rewards for home loan referrals
Jan 27, 2013
Citibank has introduced a referral programme for its customers in India, offering cash rewards of up to Rs 75,000 if a customer refers his friend or family member to borrow money from Citibank to buy a house. The amount will depend on the loan disbursal.
Housing may get Budget boost with infrastructure status
Jan 26, 2013
New Delhi, Jan. 24: The Budget may accord infrastructure status to the housing sector. This will help the sector access funds on easier terms which, in turn, will help increase availability of houses.
Imposition of house tax on cards
Jan 26, 2013
The nominated councillors are in the process of preparing an agenda for imposition of house tax in the city. The elected councillors have been opposing the imposition of the tax and this was rejected by the House in a previous meeting.
No NOC needed for sale of freehold property: SC
Jan 25, 2013
In a setback to the UT Administration, the Supreme Court has dismissed its petition challenging the order of the Punjab and Haryana High Court, which had ruled that there was no requirement of a No Objection Certificate for selling or registering freehold property. The apex court upheld the orders of the High Court Wednesday.
Real Estate Regulation Bill likely in Budget session
Jan 10, 2013
NEW DELHI: The government is likely to come up with a Bill in the forthcoming Budget session of the Parliament to regulate the real estate sector, Housing Minister Ajay Maken said today.
Housing sales fall by 16% in 2012; new launches drop by 30%
Jan 08, 2013
NEW DELHI: Housing sales have declined by 16 per cent to nearly 2.10 lakh units during 2012 in the top six cities as high property prices and costlier home loan affected demand, property consultant Knight Frank said in a report.
Buying a house: How to bag a good property deal in 2013
Dec 31, 2012
The passing year witnessed insipid growth in the residential property market, with buyers turning cautious and hoping for a price correction and lower home loan interest rates. The developers managed to hold on to the ticket prices of their projects, but were forced to offer discounts to generate sales.
Hot spots for residential realty
Dec 16, 2012
Several cities are seeing high growth turning them into the next investment destination for residential realty. Even as various studies point to their emergence, an investor would do well to carry out proper due diligence
Skills deficit in Indian real estate
Dec 15, 2012
Development activity in India is at an all time high and is only expected to increase further, given the rate of urbanisation and expansion of satellite cities.
With approval of Land Acquisition Bill, housing prices will escalate further
Dec 15, 2012
NEW DELHI: Land prices will escalate leading to rise in housing price if the Land Acquisition Bill is passed by Parliament, real estate developers and property consultants have said.
HUPA for inclusion of affordable housing in infrastructure list
Dec 09, 2012
NEW DELHI: To provide cheaper houses for lower income groups, the ministry of Housing and Urban Poverty Alleviation (HUPA) is working for the inclusion of affordable Housing in the infrastructure list.
Credai asks realtors to sell unsold stock at discounted prices
Dec 03, 2012
MUMBAI: Leading realtors' body Confederation of Real Estate Developers' Association of India (CREDAI) has asked its members to seriously consider selling off maximum inventories by reducing prices.
CREDAI hails AP plan for online approvals
Nov 16, 2012
Developers’ apex body CREDAI (Confederation of Real Estate Developers' Association of India) has welcomed the realty reforms initiatives like online approval of building plans and single window system launched by the Andhra Pradesh government.

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