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SBI Colluded With Builder To Sham Mortgage Facility,In 2009, 300 buyers booked shops at Kamala Industrial Park at Kandivali. The builder, Metallica Industries, promised to give possession of the commercial units by 2013. In total, buyers had paid Rs 65 crore to the builder while Rs 12 crore remained to be paid. As it would later turn out, it was found that the builder forged commencement certificate (CC) to build seven floors while it was granted permission to build four floors only.
Home Loans To Cost Dearer As Banks Hike RatesDays before the central bank announces its bi-monthly monetary policy, as many as four banks have revised their lending rates, a move that would make home and automobile loans costlier for borrowers. The 10-basis-points (BPS) hike in rates announced by two private and two public banks comes into effect from June 1.
Aimed At Taming Project Delays, Real Estate Rules NoThe Real Estate (Regulation and Development) Act, 2016, aims to protect consumers' interests.
Why Civic Bodies Must Connect With Citizens To MakeAccording to a recent survey by a public engagement platform, Delhi, Uttar Pradesh, Punjab and Bihar are the worst-performing states as far as the progress of Clean India Mission is concerned.
Upcoming London Spire To Be Western Europe's TallestMakaaniQ lists interesting facts about this £800-million residential project.