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#WorldEnvironmentDay: Noida Seeks Rs 433-Cr AssistanIn a recent study by a mobile application brand, launched last month in Paris, breathing in Noida’s air is equivalent to smoking 9.2 cigarettes a day. This makes Noida the world’s most polluted city. In order to curb the rising pollution levels, the UP pollution control board has in a letter to Union environment ministry sought an assistance of Rs 433 crore. The assistance will be used for upgrading infrastructure that could help bring down pollution levels in Noida and Greater Noida.
Can A Home Loan Turn Into A Bad Debt?Home loans are the debts that are considered good debts by sector experts. However, this standard definition may not be true for all cases.
Court Stays Construction Work In Noida’s Express ZenThe Allahabad High Court has ordered to stop the construction work at Noida Sector 77 project, Express Zenith till July 10. The order has come on the basis of an appeal made by one of the homebuyers alleging that the builder has constructed floors beyond the permitted limit sanctioned by the Noida Authority.
RBI’s Tweaking Of Lending Norms Makes Affordable HouThe affordable housing segment will get a boost with the Reserve Bank of India on June 6 raising the loan limits under priority sector lending. The RBI has decided to revise the housing loan limits for PSL eligibility from Rs 28 lakh to Rs 35 lakh in metropolitan centres and from Rs 20 lakh to Rs 25 lakh in other centres.
Explaining NRI Investments In India's Real EstateIndia has a policy for non-residents which invites them to invest in the Construction and Development sector. For investment in independent premises, the policy is open only for NRIs.