Goan builders anxious with the advent of RERA
Many of the well-known construction firms from the state and beyond argued that in the short term, RERA would only delay projects further and significantly push up the cost of developing and owning a home.
Read More: http://bit.ly/rera-makes-builders-anxious
300 Gurgaon home buyers protest against delayed possession
Over 300 home buyers protested against a real estate developer in Sector 103 of the city.
The buyers came with furniture and household goods, in a gesture to shift to the apartments at the earliest.
Read More: http://bit.ly/gurgaon-home-buyers-protest
SBI cuts home loan rates to 9.15%
Making its loans cheaper, the nation’s largest lender State Bank of India on Monday revised downwards its lending rates based on marginal cost of funds by 5 basis points to 9.15 percent.
The new minimum lending rates are effective from May 1.
Read More: http://bit.ly/SBI-cuts-home-loan-rates
Cidco invites financial bids for proposed Navi Mumbai airport
Three companies — GMR Infrastructure, Mumbai International Airport (MIAL) and Mia Infrastructure — are currently in the fray for the project.
Read More: http://bit.ly/navi-mumbai-airport
Nine firms not keen in Mihan SEZ; 10 including DLF, RMZ show willingness
After MADC issued show cause notices for termination to 23 investors in Mihan-SEZ, nine companies have expressed inability to go ahead with their plans and have demanded their money paid for buying land back. All except L&T Infocity which has 50 acres of land have small-size projects having taken up 1 to 3 acres of land in SEZ.
On the other hand, bigger players like DLF, RMZ and Ambuja Realty are among the 10 companies which have expressed willingness to go ahead with their projects in Mihan. The land allotted to these three companies ranges over 100 acres while others are smaller players.
Read More: http://bit.ly/mihan-sez
40 get notice for commercial use of property in Greater Noida
Following complaints of unauthorised activity being carried out in non-conforming areas in the city, the Greater Noida Industrial Development Authority (GNIDA) has decided to get tough with all allottees violating norms.
Read More: http://bit.ly/fr-noida-commercial-property