In his address to the nation on the New Year’s Eve, Prime Minister Narendra Modi urged banks to make people from the lower-middle class and middle-class their areas of focus. PM’s speech has prompted several banks, including India’s largest lender SBI, to slash lending rates. The move is likely to give a renewed push to the affordable housing segment.
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Demonetisation Impact: Banks Slash Lending Rates; Ho
Strugglers Hunt For The Perfect Home In Aamchi MumbaIf movies are your calling, Mumbai is certainly your goal. With soaring land prices, buying a house may not be your agenda. But, with rental values being competitive, it is a real struggle for newbies in town to find the perfect pin code.
Is Making Connaught Place A Pedestrian-Only Zone A GUrban Developed Minister M Venkaiah Naidu recently announced that the inner and middle circles of Delhi’s Connaught Place will be turned into a car-free zone from February for three months. The move is aimed decongesting the central business district area, apart from bring pollution levels down. A concept that is popular in the west, pedestrian-only zones can work wonders at different other levels, too.
Update: Prices May Surge As Delhi Metro's Phase 4 GeThe fourth phase will have six new lines connecting peripheral areas of the city, thus, forming an intersection with all the existing lines. The proposed corridors are Rithala-Narela (21.73 km) Inderlok-Indraprastha (12.57 km) Tughlakabad-Terminal 1 (22.20 km) Lajpat Nagar-Saket G-Block (7.96 km) Janakpuri West-RK Ashram (28.92 km) and Mukundpur-Maujpur (12.54 km).
Cities That Made A Mark For High Rental Growth In 20The realty sector lately has got too many surprises. The latest being the demonetization of the higher denomination currency notes. It has affected the real estate like no other but the rentals in the corporate sector for office spaces have not been affected.
last update - 21-01-2017