RBI has said in its monetary policy that is reducing the risk weightage on certain categories after analysing the importance of the housing sector and the sector’s forward and backward linkages with the economy. This is a countercyclical measure that also includes reducing the standard asset provisioning on such loans. This will encourage a number […]
If you are a modern homebuyer, who is planning to buy your perfect home, and you have kids, you should not take baby-proofing lightly. Your child’s safety at home is as important as his/her safety outside of it. You can eliminate a series of risks at home and allow your kids to roam freely. Moreover, […]
When it comes to Real Estate (Regulation and Development) Act, 2016 (RERA), homebuyers want immediate notification of its rules covering all ongoing, abandoned and under-construction projects. They also want the Act implemented in letter and spirit, not diluting any buyer-friendly section. Finally, they also want the immediate setting up of adjudicating officers, appellate tribunal and […]
When in Whitefield, Bengaluru, your taste buds will tickle and become restless. For it is the home to some of the best restaurants and cafes in the city. Whatever you may crave for, Continental, Mexican, Indian, Chinese or any cuisine in particular, Whitefield will be happy to take care of your gastronomic fantasies. Here is […]
The rapid growth of Whitefield in Bengaluru has gradually increased property prices in the area. Some of the main reasons why this area has gained prime importance are because of it being an IT Hub. It’s one of the fastest growing IT destinations in India. It has a plethora of IT Parks and IT companies. […]
The middle class has connected a lot with Prime Minister Narendra Modi’s New Year housing sop, the home loan subsidy scheme. Banks have already received 12,000 applications from middle and low-middle income homebuyers in just two months. They are currently processing them. By August, this number may reach 50,000, the housing ministry has estimated. Officials […]
Bengaluru traffic cops are going crazy over the average vehicular speed within the city as it has hit an all-time low of four kilometres per hour. They are now planning to have dedicated bus lanes but no one knows whether it will help at all or not. After having dedicated auto lanes, now it’s time […]
