UTI Mutual Fund has launched UTI-FAMILY (that allows investors to buy mutual fund units in their name, but the returns go straight to a parent's bank account.
Shahid U Balwa, one of the promoters of the leading real estate company, DB Realty, as well as the controversial Swan Telecom (now Etilisat DB Telecom), has been questioned by the Central Bureau of Investigation.
The loan liability is entirely yours. Check land documents and insert clauses in the agreement to ensure some payback by the builder.
Syed Firdaus Ashraf lists 10 ways in his life has improved under the first Modi Sarkar.
Five others were critically injured.
Rising interest rates may see customers postpone purchases.
The Motera stadium in Ahmedabad dominated the headlines as it is set to become the world's largest cricket stadium.
Indian American children have dominated the Scripps Howard Spelling Bee in the United States since the turn of the new century. Long before this impressive trail of triumphs began, way back in 1985, Balu Natarajan became the first Indian American child to win the Spelling Bee. Rediff.com US Contributor Abhijit Masih catches up with Dr Natarajan as the 2021 Spelling Bee takes off this weekend.
The Reserve Bank of India has directed banks to set aside more capital to cover risks on advances to realty sectors and has raised repo rate by 0.25 per cent to 7.50 per cent .
The Central Bureau of Investigation has registered a corruption case against unknown officials of the Cabinet Secretariat, a specialised covert unit of Research and Analysis Wing and private businessmen for alleged irregularities in the purchase of tents worth Rs 22 crore, official sources said in New Delhi.
With necessity being the mother of invention, commercial property developers are going off the beaten track to meet the challenge of a huge sales slowdown.
If you want to free yourself from worrying about the builders' documentation and the legality of the construction, it's best to look for a pre-approved property.
The UK's biggest LEGO show 'Brick 2015: Built for Lego Fans' in London featured a life-size woolly mammoth, a replica of the Titanic and Hogwarts from the famous Harry Potter franchise.
At least 13 people were killed as an under-construction five-story residential building collapsed in Cancona town of Goa on Saturday.
Accounting regulator ICAI has called for excluding land value from the proposed service tax on the realty sector, saying land is a state subject.
According to villagers in the region, builders have been doing the rounds of the area, trying to spot suitable locations for residential projects.
A bench of Justices Arun Mishra and U U Lalit said, if home buyers are not ready to pay their outstanding amount, then the court will have to bundle up the projects.
The Congress leader, dressed in black pants and a white kurta, was seen sitting on the footpath and asking migrant labourers near the Sukhdev Vihar flyover about their ordeal.
''I have been saying for the last 25 years, to no avail naturally, that the only government asset that is politically unproblematic is land,' says T C A Srinivasa Raghavan.
The collapse of an under-construction 11-storey building in Chennai which claimed 11 lives should serve as a wake-up call for the housing sector to have a regulatory mechanism for the construction industry, says N Sathiya Moorthy
Amazon Web Services (AWS) on Friday announced setting up of its second data centre region in India in Telangana that will be operational by mid-2022, and will see the tech giant investing about Rs 20,761 crore. While AWS did not comment on the investment detail, Telangana IT and Industries Minister KT Rama Rao tweeted that AWS will invest Rs 20,761 crore ($2.77 billion) to set up multiple data centres in the state.
The former UN refugee chief takes over from Ban Ki-moon on January 1.
The building did not have the mandatory Occupation Certificate granted by the Brihanmumbai Municipal Corporation, but it was already occupied by around 58 flat owners, according to the civic body.
The jewellery industry has welcomed the government's decision to ban old Rs 500 and Rs 1,000 notes, saying gold demand will rise as people will have more faith in the precious metal than the currency notes. But the unorganised builders and secondary (resale) property market would be adversely impacted.
However, the consultant cautioned that security concern may keep prospective property buyers at bay for now.
It was amusing to hear Minister Jaishankar's argument of tech companies being influential non-State actors. If only he looked at his own party before saying what he did, notes Shyam G Menon.
Calling the action against residents of illegal flats in Worli's Campa Cola compound as "unjust", MNS chief Raj Thackeray on Tuesday said the builders and authorities concerned who are responsible for such unauthorised structures should be punished and sent to jail.
The National Investigation Agency has seized Rs 1.4 crore, believed to be terror money, in Bangalore. The agency sources told Rediff.com that the money was sourced through modules in North East and was sent to Bangalore.
For those who feel conned by builders, Maharashtra government has decided to provide some relief by amending a law to allow flat buyers to get stamp duty refunded on cancellation of agreement with the builder. The decision to amend Section 48 (pertaining to property sales) of the Mumbai Stamp Act, 1958 was approved at a meeting of the State Cabinet in Mumbai on Wednesday, official sources said.
Agency reports said he had been staying in the house belonging to a Kyrgyz friend.
Police have registered a case of forgery and corruption against Anand Rao, builder and son-in-law of late Bharatiya Janata Party leader Pramod Mahajan, and two former Chief Executive Officers of Maharashtra's Slum Rehabilitation Authority.
The Reserve Bank on Tuesday asked banks to link the disbursal of home loans to stages of construction to protect the interests of buyers and contain the fallout of 'innovative' housing financing schemes.
The passing of Satyajit Ray's renaissance man feels like the snapping of the last connection with a generation that built a nation and defined grace while facing everything life had to throw at them, says Sumit Bhattacharya.
Jaishakar said in a series of tweets that Nehru omitted Patel from the initial Cabinet list and it was a subject for much debate. "Released an absorbing biography of VP Menon by @narayani_basu. Sharp contrast between Patel's Menon and Nehru's Menon. Much awaited justice done to a truly historical figure," EAM said.
The Maharashtra CM is known to choose the right time to hit back at people he considers a threat, says N Suresh.
With prices unlikely to run up sharply, genuine buyers can start readying deals before the festival season starts.
A consensus builder, Jaitley was regarded by some as Modi's original 'Chanakya'.
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