AUDA has a capital of 1000 crores for 2018-19: Mukesh Puri

By Accommodation Times Bureau NEW DELHI Around 70% of GDP of Gujarat, the tax is coming from the urban areas and there are still many such areas which need to come under the Corporation for the collection of tax for infrastructure development,  Mukesh Puri, Principal Secretary, Department of Urban Development and Urban

ART Affordable Housing Finance joins Rs 100 Cr loan disbursal per month club

By Accommodation Times Bureau MUMBAI ART Affordable Housing Finance (I) Limited (AAHF) on Thursday announced that it has crossed INR 100 Crore affordable home loan disbursal in the month of March 2018 and joining the league of Housing Finance Companies that disburse an amount of hundred crores in loans in a month. In March

NBCC acquires order of Rs 192 Cr from REC

By Accommodation Times Bureau NEW DELHI National Buildings Construction Corporation Limited (NBCC) the state-owned construction firm said on Monday that, from Rural Electrification Corporation (REC) an order of Rs 192 crore has been received for construction and development of a township in Gurugram. The company said in Bombay Stock Exchange (BSE) filing that,

Home loans to get costlier as SBI, ICICI, PNB raises lending rates

NEW DELHI On Thursday, State Bank of India (SBI) has raised its marginal cost of lending rate (MCLR) by 20 basis points. The lead lenders of the country including Industrial Credit and Investment Corporation of India (ICICI) bank and Punjab National Bank (PNB) has also announced an increase in lending rates. This

Indiabulls Finance raises Rs 315 crore for affordable housing sector

By Accommodation Times Bureau NEW DELHI A home-loan provider firm, Indiabulls Housing Finance Limited (IBHFL) has raised about Rs 315 crore via masala bond, IBHFL said in a statement on Wednesday. The company stated in a statement that, the Indian currency denominated bond proceeds will be used for financing the affordable housing sector. “This

Supertech Ltd repays Rs 70 Cr loans to Indiabulls group

By Accommodation Times Bureau NEW DELHI The Noida-based developer Supertech has repaid Rs 70 crore loans to Indiabulls group via fund raised from Altico Capital last week. The realty firm had raised Rs 430 crore from Altico Capital last week, sources said. According to sources, Supertech has repaid Rs 70 crore loan to Indiabulls. The

Steel ministry transfers its 49% stake in HSCL to MoHUA

By Accommodation Times Bureau NEW DELHI On Friday steel ministry agreed to transfer its entire 49% stake in Hindustan Steelworks Construction Ltd (HSCL) to housing and urban affairs ministry (MoHUA). The move will make progress easier for state-owned construction firm National Buildings Construction Corporation Limited (NBCC) India Ltd to take full control of

Tata AIA Life eyes to make into real estate investments

By Accommodation Times Bureau Tata AIA life a private life insurance company is seeking to enter into real estate investment as a category. The insurance company which was absent in realty market may enter this segment soon. The Harshad Patil, Chief Investment Officer, Tata AIA Life Insurance said, “In terms of the

Bajaj Finserv changes its Home Loan Interest Rates to 8.35%

By Accommodation Times Bureau With the year-end approaching, Bajaj Finserv is offering another chance to its customers to own their dream home. Home buyers can now avail home loans at a lower interest rate of 8.35%. Through its lending arm Bajaj Finance Limited, Bajaj Finserv is further extending this exciting proposition

MDDA to digitize land usage records in Mussoorie, Dehradun

By Accommodation Times Bureau DEHRADUN A smart move by Mussoorie Dehradun Development Authority (MDDA) for users to figure it out the empty land left for construction. MDDA has decided to digitize its land usage record, which will benefit the users to see the exact land use in the city and appropriately plan

Top