Properties for Sale in Viswams Srinivas

The Insolvency and Bankruptcy Code places consumers right at the end of the queue when it comes to distribution of assets if a company is liquidated, a fault the corporate ministry might correct soon. According to media reports, proposed amendments by a panel will be presented before the ministry to improve the resolution mechanism. Homebuyers could be brought in the category of secured financial creditors in insolvency proceedings.

Under the project, 12,970 existing houses will give way to 25,667 apartments. 

Women constitute about 30 per cent of property purchasers in urban India. Here are certain benefits women enjoy when they purchase a home in India.

During a hearing on April 16, Jaypee Infratech had said that its valuation has been slashed drastically and had put forth an affidavit to the Supreme Court stating that with the help of interim funds, it can finish the flats. However, this proposal has been rejected by the apex court as the statute bars an ailing company to bid. Jaypee says that its representation should have been considered given that it had been completing 500 units every month.

Since RBI has waived prepayment penalty on floating rate home loans, this can be a good time for homebuyers who want to get rid of their mortgage as soon as possible. Borrowers can also tweak their EMI structure and make partial payment of your loan to save money in the long run.