Latest Realty News

New RBI chief Raghuram Rajan springs a surprise; home, auto loans set to cost more
Sep 21, 2013
MUMBAI: All eyes were on the new Reserve Bank of India governor Raghuram Rajan and his first monetary policy review two days after his US counterpart, Federal Reserve chairman Ben Bernanke, on Wednesday sprung a very pleasant surprise on global markets by not rolling back the Fed's stimulus package. An overwhelming majority of economists and market analysts forecast Rajan wouldn't touch interest rates; a hopeful minority ventured he would cut rates to boost consumer demand and economic growth.
Govt order to ease sale of property
Jul 20, 2013
DELHI: With the stamp of approval from LG Najeeb Jung, the Delhi government has decided to reverse the directive that put a stop to registration of all general power of attorney (GPA)-based property transactions. The earlier order was issued by the revenue department in April 2012.
Ensuring transparency in real estate: Noida projects to be on official websites
Jul 17, 2013
NOIDA: In a move that will aid buyers in choosing legally sound projects, the Noida, Greater Noida and Yamuna authorities are planning to upload details of all builders who are constructing housing projects on their official websites. The decision was taken after Uttar Pradesh chief minister Akhilesh Yadav directed the authorities to ensure protection for buyers and design a route to evade property related cheatings . Officials have now started the process to buy addition server space for the we
Delhi hotels may be allowed to build and sell flats to raise funds
Jul 04, 2013
DELHI: The government is planning to allow hotels to build and sell apartments in their complexes in Delhi, a move that may benefit several hotels in the city except those that fall within the restricted Lutyens' Bungalow Zone.

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