Can Fin Homes: Targets 80% Housing loan growth

The housing finance arm of Canara Bank, Can Fin Homes Ltd is targeting 80% growth in housing loan disbursals at Rs. 1,500 crore during the current financial year - 2012-13. Mr. C. Ilango, MD, Can Fin Homes Ltd said, “We plan to achieve this by expansion of our reach, by addi…

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Global Habitat : Residential project at Saravanampatty, Coimbatore

Coimbatore based real estate company Global Habitat company launched new Residential project.  The  Global Carnation project, Saravanampatty, Coimbatore will have 40 houses of 1, 2 or 3 bedrooms each. The built-up area of each house will range from 653 square feet to 1,47…

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World Gold Council : Offers 6% off on gold coins to Akshaya Tritiya

The World Gold Council (WGC) on recently  announced that it is working in partnership with India Post and Reliance Money to celebrate the festival of Akshaya Tritiya, by offering consumers a special discount of 6% on the purchase of gold coins from India Post offices. Starti…

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Mutual Fund SIP Option: Can Make Rajiv Gandhi Scheme Less Risky

By Dhirendra Kumar CEO, Value Research Back in March (2012), soon after the Union Budget, I had  written about the Rajiv Gandhi Equity Scheme that the finance minister had proposed in his Budget speech. Potential danger signs for investors..! At the time, finance minister Mr.…

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Abnormal Rising Price of Cement : Builders & Cement Companies Spar Ahead of CCI Order

Builders &  cement companies are at war over the rising price of cement. A verdict is expected next week from the CCI (Competition Commission of India), on a charge made by Indina real estate dealers, of cartelisation among cement companies. Builders say cement makers h…

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Builders Can Avail Overseas Debt Only for Projects with Low Cost Homes

The Central government will allow builders to raise overseas debt only for projects where 90% of the units are for MIGs (middle income groups). According to a senior official in the ministry of housing and poverty alleviation, said, "These projects will, however, be p…

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AV Properties : Solar Power Housing Projects, Coimbatore

Coimbatore based AV Properties has launched 3 solar-powered housing projects . The houses will tap solar energy for 70% of their power needs. According to a release, the company  AV Properties will have over 12  three-bedroom solar powered homes and villas at Vadavalli and 2…

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BSE's Sensex : Dr. Reddy's to replace DLF Ltd

The BSE (Bombay Stock Exchange) said that pharma major Dr. Reddy's Laboratories will replace DLF Ltd in the benchmark 30 share Sensex. The change will come into effect from June 11, 2012. Besides Sensex, there will also be revisions in sectoral as well as BSE - 100, BS…

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Prompt Property Festival - 2012 : May 25 to 27 2012 on Chennai Trade Centre

Prompt Property Festival provides unique opportunity to meet the leading Builders & Flat Promoters to develop partnerships and obtain the latest trends in the property market. It will be held at Chennai Trade & Convention Centre, India being organized by Prompt Publ…

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Mumbai Property Registrations: Up 37% in March, 2012

A report compiled by IDBI Capital Markets Services , property registrations in Mumbai rose 37% in March 2012  to 5,766 units (Houses) compared to February (2012) on the back of increase in new project launches. Total registrations grew 18% in the financial year 2012 ending M…

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