Economic Times WASHINGTON: With only 17 per cent people describing themselves as “thriving”, India ranked 71, in a new Gallup study on overall well-being conducted in 124 countries. According to the study, which combined the results of Gallup’s 2010 global well-being surveys, majority of Indians (64 per cent) believe they are “struggling” while 19 per…
SEVEN NEW CITIES PLANNED ALONG WEST CORRIDOR Sandeep Bamzai, New Delhi Mail Today Special economic zones (SEZ) found no takers as political opposition sank then commerce and industry minister Kamal Nath’s big-ticket plan. Now SEZs, a dirty acronym in India’s political lexicon, is being repackaged and represented. Urban renewal of a different kind by growing…
PUNJAB DECIDES TO CALL MULLANPUR NEW CHANDIGARH Tribune India To cash in on Chandigarh’s stature of being the first planned city of the country, the Punjab Government has renamed its Mullanpur township on the city’s periphery, adjoining the PGI, as “New Chandigarh”. The new name, “hijacked” from an earlier proposal by late Chief Minister Beant…
CORPORATION BANK LAUNCHES HOUSING LOAN SCHEME FOR NRIS Mangalore The Hindu Business Line Corporation Bank’s new housing loan scheme for NRIs, ‘Corp Home Premium — NRI’, was launched by Ashwani Kumar, Executive Director, at an NRI meet in Mangalore on Thursday. A bank release said the loan is available for purchase of ready-built house/flat, construction…
TOP 10 REALTY DESTINATIONS January 3, 2011 The Economic Times Realty is an attractive investment option since it provides a stable income stream. There is also the added benefit of capital appreciation. After a brief lull in 2008-09, property prices rose sharply in 2010. Come 2011, the momentum in property prices is likely to continue,…
NRIs CAN GET HOME LOANS; HERE’S HOW Bindisha Sarang Mint The costs are similar to that of regular home loans, but there are specific eligibility and other criteria for these Last week, Mint reported that India is on top in remittance flow with $55 billion (Rs 2.45 trillion) expected to come in the country in…
Chennai BUILDERS OPTING FOR HOMES OVER MALLS Jayaraj Sivan, Chennai The Times of India (Chennai edition) Close on the heels of DLF redrawing its proposed mall project into a residential one on Binny Road in Egmore, yet another proposed mall on Nungambakkam High Road is getting converted into a residential complex. Several other builders –…
India Infoline Limited At a CII (Confederation of Indian Industries) and Central Bank of India joint conference on “Weaving Global aspirations with Regional expectations-The Road Ahead”, the case was put forward for India’s economic future as an investment paradise. This Finance and Investment Conference 2010 not only analyzed the growth story so far but also…
Kakoly Chatterjee The Financial Express With the churn in the construction sector over and buyers once again interested in purchasing new homes, the off take of home loans has gone up substantially. Both lenders and construction companies are back in business, thanks to the renewed interest shown by home buyers. As more enquiries are getting…
Finalising the terms of reference, the UT Administration has decided to have two corridors for the upcoming monorail project in the first phase. The metro rail, in the first phase, would be extended to Sector 20 in Panchkula and till Sector 62 in Mohali, and further up to Mullanpur. The entire stretch of the line,…
IREO: India's leading real estate developer 