Plot / Land for Sale in Vadodara Central Vadodara

The luxury residential market of Bengaluru, which is a key attraction for NRIs and migrant professionals, includes the micro-markets in upcoming suburbs as well as established localities in central Bengaluru. MakaaniQ lists five such micro-markets based on the current pricing.

When the government made over 80 per cent of the existing currency invalid on November 8, 2016, it primarily aimed to curb benami transactions, especially in real estate transactions. Since property deals are capital intensive, real estate was widely used by people to park their unaccounted money. From thereon, life of such persons has become much tougher, with the government launching new measure frequently to nab offenders.

Days 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.

The Mumbai Metro Line II is being constructed in two sub-phases with 18-km line 2A between Dahisar and DN Nagar; and the 23-km line 2B between DN Nagar and Mankhurd. Construction works begun in 2016 and the DMRC plans to open one part of this line (2A) for the public by 2020.

The government has increased the carpet area of houses eligible for interest subsidy under the Credit-Linked Subsidy Scheme (CLSS) for the Middle-Income Group (MIG) under the Pradhan Mantri Awas Yojana (Urban). Now, the carpet area of houses for the MIG-I category has been increased to 160 square metre (sqmt) while the carpet area for homes for the MIG-II category has been fixed at 200 sqmt. Earlier the carpet area for the MIG-I category was fixed at 120 sqmt and 150 sqmt for the MIG-II category.