NRI Property Investment : Whate are the Major Benefits

by Advocate Mr. Hari Raheja Investments in property (House and Plot of Land) in India will give an NRI ( Non Resident Indian) or / PIO (  Person of Indian Origin  ) many benefits. 1. Can an NRI  or / PIO borrow locally in India & invest in property? Yes, housing and plot loa…
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Tamil Nadu Starts Implementing Solar Lighting Programme in 3 lakh Houses

The Tamil Nadu (TN) Government has commenced the implementation of its ambitious programme to provide solar powered lights to 3,00,000 ( 3 lakh) houses in the State. First of kind in India..! Mr. Sudeep Jain, CMD, TEDA - Tamilnadu Energy Development Agency, said, '' Wo…
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Return on Real Estate Investment: Mumbai Topped

In a Makaan IQ survey on 7 Top Indian Cities conducted across about 1,105 respondents, 12 cities were measured on the basis of 7 living parameters. 12 Cities..! The cities were 1. Delhi - NCR (National Capital Region) 2. Mumbai 3.  Bengaluru 4.  Hyderabad 5.  Chennai 6.   Ahmedabad …
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India:Organic Foods Market Growing at 20%

The market for organic food products in India is growing at 20 to 22% per year. Mr. Girish Aivalli, Country Head - Food and Agribusiness, Yes Bank said, “The market for organic foods is growing at a CAGR of 20 to 22%”. With rising spending power of the growing middle class in…
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SEBI toll-free Helpline service Available All 7 Days

SEBI toll-free Helpline service Available All 7 Days
Investors can access market regulator SEBI’s toll-free helpline service for guidance & assistance on various matters on Saturdays & Sundays as well, the regulator said in a note on recently. SEBI’s helpline for investors  1800 22 7575 or  1800 266 7575 will now be av…
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ID Card Must For Rail Journey

The passengers have to carry a proof of identity while travelling in trains in India. Passengers booked on the tickets issued from computerised Passenger Reservation System (PRS) and Internet (i-ticket), undertaking journey in AC - 3 tier, AC - 2 tier, 1st AC, AC chair car a…
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Pension Funds Offered by Indian Mutual Funds..!

There are just 2 pension fund products offered by mutual funds in India. UTI Retirement Benefit Pension Fund..! One by UTI Mutual Fund. The fund name is Retirement Benefit Pension Fund. The fund size is Rs. 827 crore as on August 30, 2012. Templeton India Pension Plan..! Anoth…
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HDFC's TRUFIXED Home Loan

HDFC's TRUFIXED Home Loan
Under this Trufixed Home Loan product the house buyer has the option to choose a Fixed Interest Rate Period (FIRP) between 3 to 10 years . Post the fixed rate period the loan will automatically convert to a variable (Floating) rate product. The home buyer also has the option…
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Manpower Requirement in Indian Real Estate Sector..!

Manpower Requirement in Indian  Real Estate Sector..!
by Mr. Jappreet Sethi, JLL India Built environment (comprising of construction, the buying, selling & leasing out of property estate & various other related real estate-related activities) is one of the major contributors to the Indian economy. Manpower Requirement..…
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Finance Minister’s Plea to Cut Home Loan Rates: Three Banks Follow

More state owned banks are responding to finance minister Mr. P.Chidambaram plea to cut interest rates to spur growth. On recently, 3 banks - Corporation Bank, Union Bank of India (UBI)  and Central Bank of India slashed interest rates on housing loans. Corporation Bank..! Cor…
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