Latest Realty News of Mizoram

Credai opposes government plan to allocate 35% housing for poor
Nov 08, 2012
NEW DELHI: CREDAI, the apex realtors' body, today strongly opposed the government's proposal for reserving 35 per cent of the housing units for poor, saying this would result in rise in prices for the middle-class people.
SBI makes it easier for you to shift home loan
Nov 08, 2012
State Bank of India (SBI), India’s largest lender, has made it easier for home loans of other banks to swiftly flow into its books.
Home loan growth crashes to 5-month low due to surge in house prices
Nov 05, 2012
MUMBAI: Growth in home loans has slumped to a five-month low despite banks showering potential buyers with attractive schemes and lower rates due to soaring real estate prices.
ICICI Bank starts 'cash back' on home loan EMIs
Nov 05, 2012
ICICI Bank, the largest private sector lender, introduced on Friday a new housing loan product offering borrowers cash back on every equated monthly instalment (EMI) for the entire tenure of the loan.
Ficci seeks revisit of proposed Land Acquisition Bill
Nov 02, 2012
NEW DELHI: Industry body Ficci today said the government should relook at certain clauses of the proposed Land Acquisition Bill such as role of state governments and the entitlements for the private sector, prior to placing it before the Cabinet.
Railways to lease 3,700 acre land in next 2-3 years
Nov 02, 2012
MUMBAI: Indian Railways plans to lease land parcels spread over 1,500 hectare (3,700 acre) in the next two-three years to earn more than Rs 5,500 crore, a senior official told.
Union Cabinet clears amendments to aid construction workers
Nov 01, 2012
New Delhi: Giving more teeth to two laws dealing with welfare of construction workers, the Union Cabinet today approved amendments which among other things eases some restrictions for availing benefits.
PE investment in realty sector drops by 15% in Jan-Sept 2012
Oct 30, 2012
NEW DELHI: Private equity investment in the real estate sector declined by 15 per cent in the first three quarters of 2012 calendar year to Rs 3,500 crore compared with the year-ago period, according to global property consultant Cushman and Wakefield.
Local bodies in India must be made responsible for urban planning
Oct 29, 2012
The 2012-13 edition of UN Habitat’s State of the World’s Cities report, released two weeks ago, measures the prosperity of cities. Reactions thus far refer to the prosperity index and how Delhi, Mumbai, Hyderabad or Bangalore rank.
3 reasons why the young should invest in real estate
Oct 26, 2012
One of the most frequent advices that can be given to the youth when it comes to investment is starting young. And just because, the advice is so frequent, most of us tend to forget that it is actually the BEST advice anyone can be given. Why is starting young so important? The answer is hardly rocket science. By the sheer luxury of time that youth has on hand in terms of the period of investm
Property seller can forfeit buyer's earnest money: Supreme Court
Oct 25, 2012
NEW DELHI: Earnest money paid by a purchaser of an immovable property can be forfeited by the seller if the former fails to pay the remaining sum, the Supreme Court has held. A bench of justices K S Radhakrishnan and Dipak Misra said the earnest money is given to bind the contract and the seller is entitled to forfeit it if the sale of an immovable property falls through due to the fault of t
How to choose the right house in right locality from right builder
Oct 20, 2012
NEW DELHI: With the start of Navaratra from October 16, the festive season, and with it the season of house-buying, will begin in earnest. This is the time of the year when the majority of house purchases take place in our country. Think deeply about the factors that you should take into consideration before making the buy decision, and do some preliminary research in order to avoid harassment
SBI eyes Rs 2-lakh-cr home loan portfolio by March '15
Oct 19, 2012
SBI’s home loan portfolio has recorded a 73.86 per cent growth against Rs 62,338 crore as on September 30, 2009 The country’s largest bank, the State Bank of India (SBI), is eyeing aggressive targets as it looks at doubling its home loan portfolio over the next three years. “We are hoping to have a home loan portfolio worth Rs 2 lakh crore by March 31, 2015. As on September 30, it stands at
Office space absorption to drop by about 20pc in 2012: JLL
Oct 19, 2012
New Delhi: Office space absorption is likely to drop by over 20 per cent in the 2012 calendar year due to slowdown in economic growth and reduced outsourcing from the Europe, property consultant Jones Lang LaSalle said today. The absorption is estimated at about 28 million sq ft in 2012 against 36.7 million sq ft during last year, it said. "The outlook for office space absorption in 2012
Investors will shun 'investor unfriendly’ Mumbai and flock to Gujarat: CREDAI
Oct 12, 2012
Raising alarm over Mumbai and Maharashtra becoming increasingly "investor unfriendly", developers apex body CREDAI has said the state government's policies will end up being its gift to Gujarat's upcoming Gift City. CREDAI national president Lalit Kumar Jain, who is also a leading developer in Mumbai and Pune, criticised the series of policies by the state government culminating in the recent

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