By Realty Quarter Bureau State-owned Bank of Baroda on Tuesday raised benchmark lending rate by 5 basis points across tenure in line with other competitors. The decision to raise lending rate comes a day before the bi-monthly monetary policy announcement of the Reserve Bank of India indicating pressure on interest rate to move upward. Marginal cost […]
Bank of Baroda too raises lending rates by 5basis pointsmore
By Anuj Puri, Chairman – ANAROCK Property Consultants Across the globe, 5th June is celebrated as World Environment Day, which is the principle platform of the United Nation to create more awareness and action towards protecting Earth’s environment. This day has a very special significance for the real estate sector Over the past few decades, fast-paced […]
5th June – World Environment Day Green Buildings – An Imperative, Not a Choicemore
By Realty Quarter Bureau Days ahead of RBI’s monetary policy review, India’s three major banks SBI, PNB and ICICI Bank on Friday increased their benchmark lending rates or MCLR by up to 0.1 per cent, making loans costlier for consumers. The new rates are effective from today. India’s largest lender SBI has increased the lending rate by 10 basis points across all tenors […]
India’s 3 major banks SBI, PNB, ICICI Bank raised lending ratesmore
By Realty Quarter Bureau Hardeep Singh Puri, Union Minister of State (Independent Charges) in the Ministry of Housing and Urban Affairs yesterday said that government has set up an “Advisory Committee” in western, eastern and southern region to solve existing problems of real estate. The minister was speaking at Global Investment Summit 2018 in Gurugram. The committees […]
Government sets up special “advisory committee” to solve problems in real estatemore
By Realty Quarter Bureau “The Tata-led consortium is the successful L1 bidder for the Worli BDD Chawls project. They quoted a rate of Rs 49,617 per sq m of construction area, while a consortium led by ACC India and the Lebanon-based Arabian Construction Company Holding Ltd quoted Rs 53,810 per sq m,” a senior Mhada official said. Also in […]
TATA group wins the BDD chawls re-development bidsmore
By Realty Quarter Bureau The Centre has approved the construction of 1.5 lakh houses for the urban poor under the Pradhan Mantri Awas Yojana (Urban), taking to 47.52 lakhs the tally of houses under the programme so far, the Housing and Urban Affairs (HUA) Ministry said. The latest approval entails an investment of Rs 7,227crores […]
Centre approves construction of 1.5lakh houses for urban poormore
By Shobhit Agarwal, MD & CEO – ANAROCK Capital We often hear of banks auctioning off seized distressed properties, and how such properties can be lucrative investments as they come at very attractive prices. Studying the market of distressed properties is not very easy, but there are some areas of predictability. The ‘supply’ of distressed […]
A Closer Look at Distressed Property Auctionsmore
By Realty Quarter Bureau Indonesia and India pledged to step up defence and maritime cooperation, with plans to develop a strategic Indonesian naval port in the Indian Ocean, the leaders of the two countries said after meeting in Jakarta. Indonesian President Joko Widodo met Indian Prime Minister Narendra Modi to discuss, among other issues, developing […]
Indian Ocean Port to be developed with help of Indonesiamore
By Realty Quarter Bureau By improving demand, domestic cement output grew 6.3 per cent to 298 million tonne (MT) in 2017-18, according to credit rating firm Icra. It also said that going by the prevalent trend, the growth momentum is expected to continue in the current financial year and the industry is likely to report a growth of 6 %. […]
ICRA reports cement output growth 6.3% in FY18more
By Realty Quarter Bureau The Union Cabinet chaired by Prime Minister Shri Narendra Modi has given its ex-post facto approval to the Memorandum of Understanding (MoU) signed between India and France in the field of Renewable Energy on 10th March, 2018 in New Delhi. Both sides aim to identify research/ demonstration/ pilot project between National Institute […]
Cabinet approves the MoU between India & France Renewable Energymore
