The government should provide home loan up to 25 lakh at a lower interest rate of 5 per cent to the people of the middle class, a prominent realtors' body appealed to the government against the backdrop of soaring home prices. G Hari Babu, president of the National Real Estate Development Council (Naredco), in an online interaction with Business Standard, said that the middle class in India accounts for roughly 30 per cent of the total population and is dependent on rental accommodation.
Abdul Razak Ismail Supariwala, was arrested by the Bhoiwada police on Wednesday and booked under IPC sections 304 (culpable homicide not amounting to murder), 336 (act endangering life or personal safety of others), 337 (causing hurt by act endangering life or personal safety of others) and 338 (causing grievous hurt by act endangering life or personal safety of others).
R C Agarwal was arrested on a complaint made by former journalist Ketan Tirodkar, who alleged that the builder and a few others had links with Pakistan-based gangster Chhota Shakeel.
Nine persons, including the suspended deputy commissioner of Thane Municipal Corporation, arrested in connection with the building collapse in Thane district, were on Sunday remanded to police custody till April 20.
A builder was injured and his friend escaped unhurt when the latter's sacked employee fired at them at Virar in neighbouring Thane district, police said on Tuesday.
Two developers involved in construction of an illegal building which collapsed in Thane district on Thursday claiming 72 lives, were arrested on Saturday.
In an interaction with a group of Indian journalists, the three-time prime minister and president of the ruling Pakistan Muslim League-N described Jaishankar's visit as a "good opening" and said both sides should now engage and move forward.
There are some tell-tale signs such as slowdown in construction or absence of communication.
Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions.
Power couples and STARS at a wedding reception.
Builders will have to suffer the consequences of illegally holding on to a consumer's money and refusing to refund it.
Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions.
Arun Maira who worked for 25 years with the Tata Group, remembers his early years with Ratan Tata.
'A lot of players such as Maruti and Hyundai are entering the market in the first and the second quarters of 2025.'
The teen, who the police claim was drunk and driving the luxury car when it hit a two-wheeler in the early hours of May 19 killing two techies, including a woman, is lodged at an observation home in Pune.
For home buyers in Noida Extension things have just gone worse. While banks have decided not to disburse loans to residential properties in the area, including those that had no litigation against them, builders are threatening to charge a penalty if payments are not made according to the existing contracts.
The Congress on Tuesday said it welcomes displaying the portrait of the Father of the Constitution in the House, but it could have been placed along with the photos of Mahatma Gandhi and Nehru.
Pujari is allegedly involved in eight serious cases in Mumbai, including firing, extortion and murder. A resident of Tagore Nagar in Vikhroli, he had fled from the country years ago. He had allegedly targeted builders and businessmen in eastern Mumbai, the crime branch official said.
The move will help address apprehensions as well as potential disputes on various computational and transitional issues such as the loss of input credits and pricing that were bound to arise on account of the change.
The Nationalist Congress Party leader did not name Borwankar, but said some allegations had been levelled against him by "a retired IPS officer who had served in Pune as commissioner of police."
The respective Dussehra rallies of Maharashtra Chief Minister Eknath Shinde and and Shiv Sena-Uddhav Balasaheb Thackeray chief Uddhav Thackeray were once again about whose version of Hindutva is genuine and who is the true inheritor of party patriarch Bala Thackeray's legacy.
The prices of unsold homes in Mumbai run into crores of rupees.
'Earlier in my career DGs were nearly 100 per cent honest.' 'By the time I retired, many DGs have not been honest.' 'One DG asking me to go and meet a home minister whom everybody knew is a corrupt guy.' '
It is under the blessings of politicians that builders and the criminal-builder nexus is thriving.
Four more persons, including three co-owners of the construction firm, were on Monday arrested in connection with the building collapse in Thane district, taking the total number of arrests in the case to 21, police said.
Imagine transforming a modest Rs 10,000 monthly investment into a steady Rs 1 lakh monthly income in your retirement years. This is the power of compounding -- a strategy that rewards you for starting early and staying consistent with your investments, says Ramalingam Kalirajan.
If the developers continue to express inability to pay, buyers should file a petition in the SC and request it to initiate proceedings under Article 142 of the Constitution
Banks told to assess the exposure of the whole group to the sector while lending.
At a meeting with the Reserve Bank in Mumbai, builders are understood to have demanded 'more measures' from the central bank to provide relief to the cash-starved realty sector through proactive actions from banks. More than 10 leading developers met a group of top RBI officials, comprising executive director of the apex bank, in Mumbai on Tuesday to discuss the prevailing issues in the industry.
One look at her pictures an your jaws will drop forever.
'We look at the opportunities that are going to come in various fields in the next 5 to 10 years, do some research and come up with business plans.' 'Then, we go and seek out founders who will run the actual business.'
The 900-page chargesheet, submitted on Thursday in a sessions court, has excluded the 17-year-old boy, whose case is being handled separately by the Juvenile Justice Board.
The builder who had complained in court that JD(U) MLA Anant Singh forcefully secured his signatures on blank cheques and threatening him, has now approached the court seeking to withdraw the petition.
There are tweaks in references to B R Ambedkar's experience about the discrimination.
Builders on Friday blamed the Noida and Greater Noida development authorities for the current crisis and warned of similar problems in future due to their faulty land acquisition process.
'Everyone knows the money the stars are asking for is absurd.'
The city police probing the murder of Navi Mumbai-based builder SK Loharia, has issued a Look Out Circular against two wanted accused as it suspects that the duo may escape the country.
National Investigation agency officers and Kerala police have interrogated a Guruvayur-based builder for alleged links with the terror operative Tahawwur Husssain Rana.
Developers are bearing the brunt of the crisis in Noida Extension after the Supreme Court asked builders to relocate home buyers or refund their money with interest and directed the authorities to return the land acquired from farmers in Sahberi village.
'The demand for housing is always increasing, and so is housing shortage.'
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