PROPGUIDE − A Complete Property Guide
#happyhome

#RealtyNewsRoundUp: Japan To Develop Chennai And Varanasi As Smart Cities

Loading video...

Description

Japan and India are set to ink a deal to jointly develop Chennai, Ahmedabad and Varanasi as smart cities. During a meeting of Japanese Ambassador to India Kenji Hiramatsu with Union Urban Development Minister M Venkaiah Naidu, he said, Japan is "quite interested" in urban development initiatives of the Modi government and decided to be a partner, stated an official release.

State-run Bank of Baroda is the latest to slash its marginal cost of funds based lending rate (MCLR) by up to 75 basis points across various tenors. The new rates would be effective from January 7 and will be applicable to all new and renewed borrowal accounts, the bank said in a statement here on Thursday. The overnight MCLR has been reduced to 8.10 per cent from 8.80 per cent.

After trying its hands in the wholesale finance business, Piramal Enterprises announced its plans to enter the retail housing finance segment. Piramal Finance, its 100 per cent subsidiary, will make an application to the National Housing Bank (NHB) for incorporating a housing finance company (HFC) as its subsidiary, the company board decided.

Realty developers Lodha Group has launched its maiden investment fund for startups focused on smart city solutions and overall real estate sector. With an initial investment corpus of Rs 50 crore, the company will provide angel funding or venture capital along with business opportunities, industry contacts and mentor support.

Tags: Smart Cities, SBI, Lodha Group, Video, Piramal Enterprises


#RealtyNewsRoundUp: Bank Of Baroda To Offer Cheapest Home Loan

Here are today’s top news stories from the real estate sector.

January 10 2017

+ Click Here To Read This Article

Is NCR Losing Out To Mumbai, Bengaluru, Pune?

The National Capital Region, for very long, has been the largest residential real estate market in India. But, is NCR losing out to Mumbai, Bengaluru and Pune?

November 10 2015

+ Click Here To Read This Article

5 Creative Eco Resorts Around The World

If luxury housing are eco-friendly then what else could you want? It's like having your cake and eating it too!

May 04 2015

+ Click Here To Read This Article

#RealtyNewsRoundup: Over A Crore Households In India’s Urban Areas Don’t Have Toilets

Here are today’s top news stories from the real estate sector.

April 17 2017

+ Click Here To Read This Article

#RealtyRoundup: 45 Cities Participate In Smart City Challenge

Here are today’s top stories from the real estate sector.

April 13 2017

+ Click Here To Read This Article

#RealtyNewRoundup: SBI Set To Form Its Real Estate Arm

Here are today’s top news stories from the real estate sector.

March 14 2017

+ Click Here To Read This Article

#RealtyNewsRoundup: Govt To Make Use Of Geo-Spatial Technology To Build Smart Cities, Says Naidu [Video]

Here are today's top news stories from the real estate sector.

January 25 2017

+ Click Here To Read This Article

Here are the top stories of the week from the real estate sector.

Here are today's top news stories from the real estate sector.

After revisions in the draft rules of the Real Estate (Regulation & Development) Act, 2016,...

Structural defects, legal verification, and encumbrance are few things that you need to check...

New projects, numerous options, and reputed developers, make these five localities ideal for...

If the demands of the Chief Minister Yogi Adityanath-led state government are met, the road for...

Here is a checklist of documents required for buying a property. While some of these documents have...

Though Bahadurgarh real estate market doesn't look bright yet, there are key drivers that can help...

A building code is a set of norms that govern construction of buildings by stipulating minimum...

PropGuide simplifies complex real estate jargons for you.

Proptiger has released it's quarterly review report on India's real estate sector. Ankur Dhawan,...

Prime lending rate is the interest rate at which banks lend to its most credit worthy...

Subscribe Now

To stay tuned with real estate updates

Pick:

x +

Drop Your Query Here


Top