Category: NCR Region

Home loan approved

LIC Housing Finance cuts its housing loan rates to 7.4%.

April 23, 2020

LIC Housing Finance (LIC HFL) has reduced its interest rates with immediate impact for individual home loan borrowers, the firm said in a media release. For any amount of loan, the interest rate for new customers with CIBIL score of 800 or more is 7.5%. If the customer assigns new/existing single premium term insurance policy […]

LIC Housing Finance cuts its housing loan rates to 7.4%.more
Real estate

The emergence of sustainability in the ambit of Real Estate

April 22, 2020

Written by Mr Apurva Gupta, Chief Marketing Officer, Rivali Park CCI Projects India’s escalating residential sector is one of the highest suppliers to the country’s total carbon releases that is to account for 22% of India’s over-all annual carbon releases. Buildings account for up to forty percent of the whole energy consumption in India, of which […]

The emergence of sustainability in the ambit of Real Estatemore
invest

Indian real estate market experiences a decline in institutional investment by 58%.

April 21, 2020

Institutional investment in the Indian real estate market has dropped from a year earlier to $712 million during the quarter ended March by 58%. Total investments in the financial year 2019-20 experienced a 13% fall at $4.26 billion-the lowest for four years, a report by JLL India shows. Several events affected the downturn, including the […]

Indian real estate market experiences a decline in institutional investment by 58%.more
office

Office workplace to focus on creating wide spaces to comply with social distancing standards.

April 20, 2020

COVID-19 outbreak and government-mandated social distancing standards will affect workplace requirements and designs in the coming future as businesses look at ways to safeguard their employee’s health. Companies working in commercial complexes are required to uphold social distancing norms and be able to confront any unexpected health issues. Many firms, particularly in information technology and […]

Office workplace to focus on creating wide spaces to comply with social distancing standards.more
Raising Funds

Motilal Oswal Real Estate allocates Rs 1,150 crore to invest in housing and commercial project.

Motilal Oswal Real Estate (MORE) raised Rs 1,150 crore from high net worth individuals for its fourth realty fund to invest in housing and commercial ventures around six major cities, a senior company official stated. The fundraising exercise for the India Realty Excellence Fund IV (IREF IV) started in September 2018, and a pledge of […]

Motilal Oswal Real Estate allocates Rs 1,150 crore to invest in housing and commercial project.more

India’s Biggest Online Indian Property Expo 2020

April 17, 2020

WHY ONLINE INDIAN PROPERTY EXPO? Online Indian Property Expo is a great way to engage with participants and reach a larger market segment. Online Indian Property Expo save your expenses of a traditional trade show like participation, travelling, visa, have a designer stall, staffing, printing and give a ways, while still putting your business in […]

India’s Biggest Online Indian Property Expo 2020more

ICICI Bank and other private banks demand rent waiver from their landlords.

It is known that ICICI Bank and other private lenders have reached out to their landlords requesting a rent waiver for the lockdown period. Sources said that considering the disruption caused by COVID-19, ICICI Bank has asked operating offices to obtain a waiver from their landlords as a measure of support for the bank. There […]

ICICI Bank and other private banks demand rent waiver from their landlords.more
Construction Waste Recycling Plant

Home Ministry permits 15 industries to start their work with social distancing norms.

April 13, 2020

Two days until the slated end of the lockdown, the government has enabled more than 15 types of industries to begin their work on a single shift basis with minimal manpower and distancing norms. These involve large electrical goods such as transformers and circuit vehicles, telecom equipment and components like fibre optic cable, compressor and […]

Home Ministry permits 15 industries to start their work with social distancing norms.more
Under-construction Building

PHD Chamber suggested all under-construction projects to be treated as assets for granting credit to the developers.

April 11, 2020

PHD Chamber of Commerce and Industry (PHDCCI) has suggested that ongoing projects must be treated as assets for providing credit to developers, zero- period interest waiver in Uttar Pradesh should be provided for two years amid COVID-19, and developers who have applied for partial or partial project competition must be issued completion certificates to prevent […]

PHD Chamber suggested all under-construction projects to be treated as assets for granting credit to the developers.more
RBI

RBI shows its study for the residential market disruption with a small price drop in the sector.

According to a study by Reserve Bank of India, the residential real estate market has continued to suffer from weak demand and significant inventory overhang. Due to new launches dropping indicating the broad inventory overhang, all India house price levels moderated with Mumbai and NCR exhibiting a small price drop of almost 5 per cent. […]

RBI shows its study for the residential market disruption with a small price drop in the sector.more