Tag Archives: Reserve Bank of India

Foreign settlers in dock for illegally buying land in Goa

Showcause notices sent to Russian, Israeli and British citizens who acquired land in violation of FEMA New Delhi: Signalling its zero-tolerance intent, the government has cracked down on immovable properties in Goa, such as land and houses, illegally acquired by … Continue reading

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ECB norms for affordable housing to be issued soon

The real-estate sector may soon get a boost as the Reserve Bank of India is likely to issue shortly the final guidelines for External Commercial Borrowing (ECB) for low-cost, affordable housing. In Budget 2012, the Finance Minister, in view of … Continue reading

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Graft check: DDA will not allot houses in Delhi

New Delhi: In a major decision to check corruption, the government is set to control the housing sector in Delhi through a regulator. It hopes this will put an end to the common man’s complaints against the Delhi Development Authority … Continue reading

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Home loan rate cuts only for new buyers

New Delhi: When it comes to increasing home loan rates,nbanks believe in an across-the-board policy and raise rates for all and sundry. However,in case of reduction,the policy is aimed at benefiting only new borrowers as lenders try to grab a … Continue reading

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Home buyers be prepared to pay more on home loans

Mumbai: Home buyers will now have to arrange 20 percent to 30 percent of the property value on his own before seeking loan from a bank as per the new guideline issued by the Reserve Bank of India. Stating that … Continue reading

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घर-कार खरीदना और महंगा होगा!

नई दिल्ली। भारतीय रिजर्व बैंक ने बेलगाम महंगाई को नियंत्रित करने के मकसद से मंगलवार को अल्पकालिक लेनदेन वाली रेपो और रिवर्स रेपो रेट में 0.25 फीसदी की वृद्धि कर दी। आरबीआई के इस फैसले से होम, ऑटो और कारपोरेट … Continue reading

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Government to put out a white paper on housing

The government is preparing a white paper that will bring out all the issues affecting supply and demand in the housing sector, a top official said here. ‘Towns and cities are growing by default rather than by design. There needs … Continue reading

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Realty firms' growth tapers in June quarter

The growth seen by real estate companies in recent quarters could taper off in the first quarter of financial year 2010-11. Home sales are moderating in most of the country, following a sharp spurt in prices. Property companies are expected … Continue reading

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