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    • 19th Apr 18

      Gurgaon Civic Authority Cracks Down On Squatters, Illegal Occupants

      After Delhi, the illegal constructions in Gurgaon has come under the scanner of civic authorities as major drives are being conducted across the town to remove squatters and encroachments from the streets and the residential colonies. In a recent move, three enforcement teams from the Municipal Corporation of Gurgaon (MCG) removed illegal occupants from 11 areas in the city which includes Sadar Bazaar, Jacobpura, Rajiv Chowk, Sohna Road, Subhash Chowk, Tikri village, sectors 40, 44, 45, Silokhra and Sikanderpur. These encroachments were also causing congestion on arterial roads.
    • 10th Apr 18

      Delhi Metro Won't Offer Overnight Service, Says Puri

      According to Housing Minister Hardeep Singh Puri, the Delhi Metro will not offer overnight services since that time is used for the maintenance of trains.
    • 20th Apr 18

      Retail Loans Grow 16% ; RBI Cautions Banks Of Herd Movement

      Retail loans in India witnessed a 16 per cent rise between the financial year 2013 and 2017, a duration when total loan growth stood at nine per cent. Of the total retail loans, nearly half were housing loans, followed by auto and education loans. Two states that made the highest contribution to the rising number of retail loans were Maharashtra and Gujarat, owing to growing income levels.
    • 9th Apr 18

      Gurgaon Circle Rates Hiked By 15%

      In a move that is likely to help authorities meet the twin objectives of generating more revenues and equalising the differences in rates in various sectors, the Gurgaon district administration has hiked circle rates by up to 20 per cent, for the second time in two months. The revised circle rates come into effect from April 9. It was on February 12 when circles rates were revised in Gurgaon after a gap of four years.
    • 18th Apr 18

      Housing Finance Companies Raising Money Through Masala Bonds Signals Revival Of Real Estate

      Masala bonds are offered and settled in the US dollars to raise Indian currency from global investors for infrastructure development to be undertaken in India. It, therefore, is beneficial for offshore investors who are looking at an exposure in Indian assets. With housing finance companies issuing masala bonds, revival for real estate may be on the cards.
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