February 18, 2009

Do we need better property laws in India?

BrixResearch Moderator says: Does India need a regulatory authority for real estate on the lines of Telecommunications Regulatory Authority of India (TRAI) and Securities and Exchange Board of India (SEBI)?
- Yes
- No

Share your feedback in the 'comments' section

February 10, 2009

Haryana announces flexible schemes for builders

BrixResearch Moderator says: Haryana government recently announced flexible schemes for payment of licence fee for builders. It has extended the licence validity period from two to four years. This relief measure comes after private developers approached the state government for a bailout package. Many projects in Gurgaon, Faridabad, Sonipat and Rohtak had come to a standstill.

- Will this change spark some activity in the market?
- Is the government doing enough to help property builders tide over the present crisis?

Tell us in the ‘comment’ section.

February 4, 2009

SBI slashes home loan rates. Are you considering taking a loan?


BrixResearch Moderator says: India's largest commercial bank, the State Bank of India (SBI), has lowered its home loan rates to 8 per cent for new customers over the coming year. The new rate will be offered between Feb 2 and April 30, 2009. SBI will only levy 8 per cent in the first year, irrespective of the loan amount and tenure. Thereafter the customers will need to pay the earlier contracted rates, as applicable. This move will prompt other banks to follow the suit. 

- Will this news encourage home buyers in a slow market? 
- Are you considering taking a home loan? 
- Does this news excite you?