Property in Ooty

MakaanIQ gives you an all-round perspective of both the cities to help you take the final call.

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.

On April 17, the Supreme Court refused to grant homebuyers’ their wish ─ the lawyer appearing on their behalf pleaded those running the company be sent behind the bars to ensure justice. In the opinion of the SC such a move would not be a solution to homebuyers’ problems who must, by all means, get the possession of their units for which they have already paid a substantial amount.