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Bank of England eyes minimum risk rule for banks’ home loans Real Estate News

LONDON: There is a “strong case” for minimum rules for mortgages across all banks to ensure fair competition in the home loans market, Bank of England Deputy Governor Sam Woods said on Wednesday. Banks attach a risk weighting to each home loan on their books, and these are added up to determine how much capital […]

Bank of England eyes minimum risk rule for banks’ home loans Real Estate News Read More »

Punjab CM launches online portal for property-related services Real Estate News

CHANDIGARH: Punjab Chief Minister Captain Amarinder Singh on Wednesday virtually launched an online citizen portal to provide all property-related services in a seamless manner. According to an official press release, this has been done to boost efficiencies in the functioning of all Urban Development authorities across the state. Lauding the people-friendly initiative of the Punjab

Punjab CM launches online portal for property-related services Real Estate News Read More »

Hong Kongers increase activity in weak London property market Real Estate News

File photo LONDON: The number of London properties bought by Hong Kongers has more than doubled since the announcement of a new visa offering residents of the territory an opportunity to move to Britain, estate agent Benham & Reeves said on Wednesday. Transactions by Hong Kong buyers had increased by 144% in London since July

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472 Maoist surrendered this year highest in 3 years: Govt | India News

NEW DELHI: Maoist surrenders have seen a quantum jump this year, with 472 surrenders being reported until October 31 against 283 for the whole of 2013. Of course, Chhattisgarh has single-handedly contributed to this rise, having clocked 247 surrenders by October-end, up from just 28 in 2013. Incidentally, Chhattisgarh has also reported a major increase

472 Maoist surrendered this year highest in 3 years: Govt | India News Read More »

Chennai zone accounted for 41% of Tamil Nadu’s property registration revenue in April Real Estate News, ET RealEstate

Representative image CHENNAI: After a steep fall last year, property registrations in Chennai zone comprising the city, Chengalpet, Kancheepuram and Tiruvallur districts have revived and this April accounted for 41% of the total registration revenue in the state. While land registrations in Tamil Nadu brought in as much as Rs 1,070 crore in revenue this

Chennai zone accounted for 41% of Tamil Nadu’s property registration revenue in April Real Estate News, ET RealEstate Read More »

Homebuyers’ body FPCE hails SC order to strike down West Bengal’s HIRA Real Estate News ET RealEstate

NEW DELHI: Homebuyers’ body FPCE on Tuesday said the Supreme Court’s decision to strike down a law passed by West Bengal government to regulate realty sector will help in protecting consumers’ interest and preventing any dilution in RERA to favour builders. On Tuesday, the apex court struck down West Bengal’s law on regulating real estate

Homebuyers’ body FPCE hails SC order to strike down West Bengal’s HIRA Real Estate News ET RealEstate Read More »

India crisis reveals complacency and lack of foresight says Rajan

India’s overwhelming surge of coronavirus infections has revealed complacency after last year’s first wave, as well as a “lack of foresight, a lack of leadership,” according to Raghuram Rajan, former governor of the country’s central bank. “If you were careful, if you were cautious, you had to recognize that it wasn’t done yet,” Rajan said

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Deadlines for coal-based power plants to meet new emission norms extended environmentalists fume

NEW DELHI: The Centre has extended deadlines for coal-based power plants to adopt new emission standards by up to three years and even allowed the defaulters to continue their operations after paying penalty if they miss the new timelines. Thermal power plants (TPPs) located in different regions will, however, have different deadlines with maximum three

Deadlines for coal-based power plants to meet new emission norms extended environmentalists fume Read More »

Vasan unveils party flag sporting images of Kamaraj Moopanar | India News

CHENNAI: Former Union minister G K Vasan, who quit the Congress recently, unveiled a tri-colour flag for his yet-to-be named party on Wednesday. The flag sports the images of Congress icons K Kamaraj and G K Moopanar. “It is a significant milestone. We are confident that this flag will fly very high in Tamil Nadu,”

Vasan unveils party flag sporting images of Kamaraj Moopanar | India News Read More »

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