RBI would alert banks to exercise caution on their exposure to the real estate sector according to the process usually followed, sources said.
Manohar Parrikar, the chief minister of Goa and former defence minister, died at his son's home in Panaji on Sunday after a long illness. He was 63. Since February 2018, Parrikar had been in and out of hospitals in Goa, Mumbai, Delhi and New York after he was diagnosed with a pancreatic condition. Following his demise, tributes poured in from all over with political lines being forgotten.
Indo Canadian stage actor Ravi Jain, founder and director Why Not Theatre and a Dora Award winner, has added another accomplishment to his kitty. He is among the 25 aspiring builders in Toronto who have received the 2011 DiverseCity fellowship.
Utah Youth Village presented its highest honour, the 2010 Helping Hand award, to nationally recognised life sciences innovator Dr Dinesh Patel for his 'extraordinary love and support for Utah's most vulnerable children.'
United States Secretary of State Hillary Clinton in a video-taped message from Hawaii to a parley titled, "US-India People to People Conference: Building the Foundation for a Strong Partnership," lauded the Indian American community for being bridge builders that was catalytic towards "deepening the partnership between our two countries and people."
The gunman, believed to have been dressed in a Santa costume, opened fire inside the Reina nightclub in Istanbul's Ortaky district, where hundreds were celebrating the New Year.
Combining affordable IT with native Indian ingenuity and entrepreneurship F C Kohli believed would enable Indian small businesses match anyone and thrive.
According to a study by job portal CareerBuilder, perceptions of unequal pay and biased career advancement opportunities are increasing at the workplace.
Giving a completely new dimension to the entire controversy that dogged the temple town of Puttaparthi, Ratnakar -- a trustee in the Sri Satya Sai Central Trust and Sai Baba's nephew -- has said that the Rs 35.5 lakh, which was seized in transit by the police, did not belong to the trust.
Verdicts paving the way for construction of a Ram Temple at Ayodhya and India's multi-billion dollar Rafale fighter jet deal with France were 2019's landmark imprints of the Supreme Court, which also found itself at the centre of a controversy with then Chief Justice of India Ranjan Gogoi being accused of sexual harassment before getting the clean chit.
The Maharashtra government has scrapped its policy to grant additional floor space index (FSI) for public parking in Mumbai city under its Development Control Regulations 33 (24). The government had notified the extra FSI for parking one-and-a-half years earlier following a rise in vehicle population and the need for parking in the city.
One labourer died while five were injured when a freshly dug trench caved at a government project in Lucknow. After nearly three hours of the incident, the district administration blamed the accident on a private contractor.
As real estate investors/home buyers you should be aware of these must-know terms so as not to get deceived by builders and real estate agents.
One in six gave up vacation days last year because they did not use them.
As the tragedy of the building collapse in east Delhi unfolded, a blame-game has begun between the Delhi government and Municipal Corporation of Delhi. Chief Minister Sheila Dikshit directly putting the onus on the civic body for the accident and the Bharatiya Janata Party-ruled agency denied the charge.
If you are planning to buy a flat, you must know certain things. Seven most important of them are listed here.
Difference between the useable and saleable areas is a result of the space included in the calculation.
The most experienced administrator in the country seems to have sat back and allowed bureaucrats and policemen to manage the lockdown, observes Jyoti Punwani.
Rediff.com's Syed Firdaus Ashraf and Hitesh Harisinghani speak to millennials to find out if the ease of ride-sharing apps like Ola and Uber was a reason for them not buying a car.
the 2015 figure also showed how developers had absorbed some of the increased holding costs.
Based in California and having a strong presence in Bangalore, Narus is a leading provider of real-time network traffic and analytics software used to protect against cyber attacks and persistent threats aimed at large Internet Protocol networks.
The Haryana government removed senior IAS officer Krishan Mohan as the state's home secretary after the Central Bureau of Investigation booked him and a real estate company in a graft case in a multi-crore mega project in the city.
"The main reason I took up the Sebi job was my training as a public servant. When the PM or the FM asks you to take up a challenge, it is your duty to point out the difficulties but you simply can't say no," he says.
In the second of this three-part series on buying a home, we clarify on the two most important aspects while buying a new home: documentation and the various costs you would incur.
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Larsen & Toubro, India's largest infrastructure builder, reported a 7 percent rise in quarterly profit, beating analyst estimates, as it booked increased revenue despite a weak domestic economy.
The exclusive pictures captured by rediff.com tell the story about how work is being done in haste.
The death toll in Canacona building collapse has reached 31 with rescuers on Tuesday pulling out the last body from under the rubble before finally calling off the operations.
Mumbai received 231.4 mm rain in the last 24 hours, while Thane received 229.81 mm.
The asset also has emotional value and therefore families should perform meticulous research before buying the same. The following is a set of must-dos before buying a house.
Affordable housing has become the new mantra in Indian real estate where builders are luring investors to buy houses which not only come under their budget but also fetch good returns.
According to the report released by brokerage firm Religare Securities, the festive discounts and promotional offers by the builders will boost the volumes, which may also result in an upside of about 10 per cent in the property prices.
Replying to the debate in Rajya Sabha on a motion thanking the president for his address to the joint sitting of both houses of Parliament, he said for the first time in decades, people of Jammu and Kashmir got benefits of reservation.
Maharashtra Chief Minister Prithviraj Chavan is agreeable in principle to this tax, but the government is yet to take a decision.
The Bombay high court on Thursday ordered an interim stay on further sale of flats in an 18-storey building named Harsiddhi at Worli in Mumbai as the Indian Navy has raised it objections to the project.
A number of cities, including Chennai, are water-scarce.
Read the investor-developer agreement carefully before signing the cheque
Last week, when the Builders Association of Navi Mumbai organised a property exhibition, they were taken by surprise when 200,000 visitors turned up for the four-day event.
This will follow Israel's exit from the Index and entry into the MSCI World Index, comprising developed markets.
You need to evaluate aspects related to your house carefully and bring them under the scanner to identify loopholes. This is especially true of the agreement you need to sign with the builder.
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