NEWS & BLOGS EXCLUCIVELY FOR INFORMATION TO ENGINEERS & VALUERS COMMUNITY
Amid the current slowdown in the real estate sector where developers are struggling to sell their inventory,the low-income segment of the residential market has shown steady growth,according to a report. During the period from June 2011 to January 2013,there were 132 projects launched across 22 cities that offered at least 30,500 units priced under Rs […]
Untapped potential of low-income segment housing Read More »
The country’s largest lender will take all measures necessary to insulate bank balance sheets from stress in telecom companies, Dinesh Khara the bank’s chief said without naming (Vi). Khara also said that while Vi was not a stressed account on its books yet, the lender is watching all the developments closely. “We will have to
Reserve Bank of India (RBI) has extended the deadline for implementation of its guidelines on current account opening by banks to October 31 from July 31 heeding to requests by banks. In a notification on its website, the central bank said it has agreed to extend the timeframe in response to requests from banks for
RBI extends deadline for current account notification Read More »
Tech-enabled rental accommodation provider Colive is upgrading its co-living properties into hybrid-living accommodations. Through this transformation, Colive aims to enhance its customers’ living experience with plug-and-play homes that provide a hybrid working environment. In a post-pandemic world where work from home is a prominent mode of work and numerous companies, as well as start-ups, are
India’s largest lender State Bank of India has seen rising stress levels in its home loan and MSME book with nearly 75% of the incremental slippages coming from these two segments in the June quarter. Fresh slippages came in at Rs 15,666 crore, while Rs 5268 crore from the retail book another Rs 6416 crore
SBI sees rising stress in home loan and MSME book in June quarter Read More »
is leading the O-RAN initiative in the country by partnering with the “best companies” such as Intel, Qualcomm, Mavenir, Altiostar and Red Hat, chief executive Gopal Vittal said on Wednesday. “We have built a network that’s fully ready for 5G. It’s a capability we have already demonstrated by conducting India’s first 5G demo over a
bharti airtel: Airtel leading ORAN initiative in India with best partners: Gopal Vittal Read More »
NEW DELHI: Markets regulator Sebi has reduced the minimum application value of REITs and InvITs, and revised trading lot to one unit for these emerging investment instruments to make them attractive for retail investors. The minimum application value has been cut down to the range of Rs 10,000-15,000 for both REITs and InvITs, compared to
Buying land and property in Noida in Uttar Pradesh will be costlier as circle rates has been increased by 10 to 25 per cent from August 1. Agriculture land rates too have been hiked by 5-8 per cent. The hike is between 15-25 per cent depending on sector location. In A category sectors,circle rate has
city lights: Noida Ghaziabad property circle rates hiked Read More »
Representative Image KOLKATA: The Housing Infrastructure Development Corporation (Hidco) will conduct a lottery on Tuesday and Wednesday to allot the 400 HIG and MIG plots in New Town for the proposed cooperative societies of different types and categories, mostly comprising the state government employees as was decided by the state cabinet earlier this year. Hidco
Hidco to conduct lottery for 400 New Town plots Real Estate News ET RealEstate Read More »
The redevelopment of Asias largest slum,launched a decade ago,has made progress despite hurdles. The magnitude of the problem is immense,and if Maharashtra can pull this off,it can set an example One of the largest slums in Asia,Dharavi,could be in for a metamorphosis despite the tug-of-war between various interest groups. The Maharashtra government expects the first
Dharavi development project inches ahead Read More »
NEW DELHI: Aiming to provide effective and efficient registration services to the public, the Delhi government’s Revenue Department has issued guidelines for sub-registrars on the documentation of properties. According to the guidelines issued by Divisional Commissioner Sanjiv Khirwar last week, all sub-registrars should ensure strict compliance of all provisions of the Registration Act, 1908 and
MY SALEABLE AREA IS THE SAME AS YOURS INTERESTING ARTICLE USEFUL FOR ALL VALUERS & ENGINEERS Sachin Sandhir Property transactions in under-construction apartment projects in India are often carried on the basis of the super built-up area or gross floor area concept. Due to the lack of regulation over the floor space calculation, it is