Term Plan for Seniors - No Medical Test

Addressing the senior citizens with a first-of-its-kind hassle-free, no-medical-test plan, private life insurer IDBI Federal launched a Term Plan aimed at providing guaranteed cover to those the age group 50 to 85 years. IDBI Federal Termsurance® Seniors Insurance Plan is…
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Abu Dhabi's Sorouh launches 'Rent to Own' scheme

29, 2011 Abu Dhabi based developer Sorouh Real Estate, recently announced a new 'Rent to Own' scheme for customers which gives tenants the option of buying their property after 3 years. Sorouh Real Estate said, ''The offer was the first of its kind in Abu D…
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Sachin Tendulkar takes loan to buy flat

Sachin Tendulkar takes loan to buy flat
Sachin Tendulkar takes loan to buy 528 sq. ft 1BHK in Panvel Indian cricketer Mr. Sachin Tendulkar buy home for Rs 30 lakh. The area of house is 528 square feet (Carpet area of 467 square feet and 61 square feet terrace-balcony.) . It is at Bandra’s Perry Cross Road. The bu…
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TN Chamber of Commerce Plea to refix property tax in Madurai

TN Chamber of Commerce Plea to refix property tax in Madurai
The Tamil Nadu Chamber of Commerce and Industry has sought a review and refixation of property tax in Madurai Corporation according to the guidelines issued by the Tamil Nadu Government. A delegation from the Chamber led by its president, Mr. N Jegatheesan, with senior pre…
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India eyes record 7,300 kms of road network expansion, worth nearly $12 billion

India eyes record 7,300 kms of road network expansion, worth  nearly  $12 billion
India eyes record 7,300 kms of road network expansion, worth  nearly  $12 billion June 28, 2011 India will award a record 7,300 kms of road building contracts current  year (2011) worth  nearly  $12 billion. According to a top official of NHAI ( National Highways Authority…
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Inidan Realty stocks lose Rs 35,300 cr in last 18 months

Inidan Realty stocks lose Rs 35,300 cr in last 18 months
The market capitalisation of indian  realty stock has eroded by Rs 35,305 crore in the last 18 months. The full market capitalisation of BSE Realty index declined to Rs 75,128 crore on july 23 (2011) from Rs 1.10 lakh crore on December 31, 2010. The CNX realty index consi…
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Reserve Bank warns banks on real estate valuation frauds

Reserve Bank  warns banks on real estate valuation frauds
Reserve Bank of India (RBI) has asked all banks to submit an action-taken report on by inflated valuations of real estate properties for the purpose of home loans. The matter was raised recently by RBI Governor D Subbarao during a meeting of the BFS ( Board for Financial Su…
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SEBI asks Sahara group to refund Rs 4,843 cr to investors

SEBI asks Sahara group to refund Rs 4,843 cr to investors
Securities and Exchange Board of India (SEBI) asks Sahara group to refund Rs 4,843 Cr to investors, is subject to Supreme Court clearance. The order will, however, take effect only after it is considered by the Supreme Court. On May 12, the Supreme Court had asked Sebi to &…
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World's tallest residential tower set for 2011 December completion

World's tallest residential  tower  set for 2011 December completion
''The world's tallest residential tower will be completed in December 2011" said  Tameer Holding Investment  The property developer said its Princess Tower project in Dubai was on schedule and the superstructure of the project was now complete. The tower wi…
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Mantri Developers expands presence in Chennai

Mantri Developers expands presence in Chennai
Bangalore based Mantri Developers announced the launch of their new project in chennai. The project name is Mantri Navaratna. After the success of its first residential project in Chennai – Mantri Synergy, the new Mantri Navaratna project is launch  Mantri Navaratna locate…
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Online appointment for property registration in Gurgaon

Online appointment for property registration in Gurgaon
Online appointment for property registration in Gurgaon from 2011 August 2011, June 23. From  August, 2011 property buyers and sellers can get an advanced online appointment for registration of properties in Gurgaon to avoid hassles and delays. The appointments will be fixed …
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NHB cautions housing finance companies

National Housing Bank cautions  Indian  housing  finance companies NHB. (National Housing Bank)  is state-owned bank and the national regulatory authority for the housing finance sector. It  has sent a cautionary notice to all registered housing finance companies to ensure t…
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ICICI Venture to raise Rs 1,000 crore for real estate funding

The private equity arm of India’s largest private sector bank ICICI Bank, ICICI Venture Funds Management Co , plans to raise up to Rs.1,000 crore. It is its second real estate fund, the India Advantage Fund (IAF) 2. The fund will raise capital from domestic banks and high n…
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DTCP Approved Plots in NH-7 to 1.2 km Kayathar

Dhanya Land Promoters Tirunelvlei based real estate promoter, Dhanya Land Promoters new Kanyakumari-Kashmir NH-7 to 1.2km only Kayathar Village SREE NAGAR is currently booking. SALIENT FEATURES OF THE NAGAR:- Sree Nagar is situated on Kanyakumari-Kashmir NH-7 to 1.2km …
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DTCP layout in NH- 7 Kayathar, Dhanya Land Promoters

DTCP  layout in  NH-  7 Kayathar, Dhanya Land Promoters
Tirunelveli based real estate promoter,  Dhanya Land Promoters new lay out Kanyakumari-Kashmir NH-7 to 1.2km only Kayathar Village SREE NAGAR   is currently booking.   SALIENT FEATURES OF THE NAGAR:-  Sree Nagar is situated on Kanyakumari-Kashmir NH-7 to 1.2km only  Kayatha…
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DTCP layout in Tenkasi Road on Tirunelvlei

Tirunelveli based real estate promoter,  Dhanya Land Promoters new DTCP Approval layout in Tenkasi Main Road, 14km from Tirunelveli -  AJ Nagar is currently booking.   The Housing plots have the proper N.O.C and 30years Encumbrance Certificate under the guidance of well ex…
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Affordable flats by chennai Asvini Foundations

Chennai-based property developer, Asvini Foundations having completed 25 residential projects and delivered around five lakh square feet of living space, is now foraying into affordable housing. The company is set to launch at Nellikuppam village, between Thiruporur and Gu…
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Delhi property prices up 10-45%, Main reason Metro Rail

Delhi property prices up 10-45%, Main reason Metro Rail
Property prices in the Delhi NCR region have escalated between 10-45% in the last one year, April ended 2011. According to a study by real estate portal 99acres.com. Vineet Singh, business Head of 99acres.com, said,'' Capital values in Delhi continue to move upwards…
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Indian Industrialist Sandeep Jajodia buys bungalow for Rs 170 crore in south Delhi

Indian Industrialist Sandeep Jajodia buys bungalow for Rs 170 crore in south Delhi
Delhi June 08, 2011 Indian Industrialist Sandeep Jajodia (Age 43), head of Monnet Ispat & Energy (sponge iron maker) has bought a house in south Delhi for Rs 170. This is for his family's use. Nearly Rs 80,000 a square foot-for the bungalow built on a 2,000- sq…
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TN to probe Rs 1,100 crore new secretariat complex construction project

Tamilnadu government to probe Rs 1,100 crore new secretariat complex construction project The new Tamil Nadu government said it would conduct an enquiry on the construction of the new Assembly-cum-secretariat complex built by the DMK government at the cost of more than Rs …
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