CBI books Wadhawan bros in Rs 34,615 cr fraud

“Searches were conducted at 12 locations in Mumbai at the premises of accused, which led to recovery of incriminating documents,” the CBI said.

published on : 23rd June 2022

CBI books DHFL in 'biggest' banking fraud of Rs 34,615 crore; 17 banks hit

The action came on a complaint from the Union Bank of India (UBI), leader of 17-member lender consortium which had extended credit facilities to the tune of Rs 42,871 crore between 2010 and 2018.

published on : 22nd June 2022

LIC Housing Finance hikes lending rate by 60 basis points

With this increase, the new interest rates, effective from June 20, on home loans will now start from 7.50 per cent, the company said in a release.

published on : 20th June 2022

German bank aid likely to develop energy infra 

The energy efficiency measures will be implemented in 15.60 lakh houses in the first phase.  

published on : 20th June 2022

Odisha:150 tribal families of Gobindachandrapur continue to be deprived of housing scheme benefits

Mayurbhanj Collector Vineet Bhardwaj said priority has been given to people who were listed under Socio Economic Caste Census census.

published on : 19th June 2022

Tamil Nadu housing minister rejects BJP's charge, bats for single-window system

This would ensure that all land and building-related approvals are given only through the single-window system.

published on : 9th June 2022

Builders expect slowdown in housing demand in short-term on RBI's rate hike

Builders welcomed the RBI's decision to increase the existing limits on individual housing loans by co-operative banks.

published on : 8th June 2022

Housing dept asks CMDA to regularise buildings in Red Hills catchment areas

Spread across 4,500 acres, the Red Hills reservoir is one of the largest water sources of the city.

published on : 8th June 2022

States asked to phase out single-use plastic with public involvement

The ministry has also suggested setting up special teams for enforcement and imposing heavy penalties on defaulters.

published on : 5th June 2022

Housing sales may dip 10 per cent in Q2CY2022 on rate hike and inflation

Following the Reserve Bank of India’s surprise 40-bps rise in its benchmark repo rate and a 50-bps increase in the cash reserve ratio, most banks have increased their lending rates.

published on : 5th June 2022

Pending smart city work in Chennai to get over before June 2023

Only the construction of storm water drains in and around Bazullah Road is yet to be started and work on all other projects is under way.

published on : 4th June 2022

Light House Project: PM Modi opens ‘game-changer’ housing project

Under Light House Project, 1,152 tenements have been built at Perumbakkam using prefab technology at a cost of Rs 116 crore in 17 months   

published on : 27th May 2022

Air India asks staff to vacate government-owned housing colonies by July 26 

The Tata Group won the bid for Air India on October 8 last year. However, as per the terms of disinvestment, the airline's non-core assets such as housing colonies remain with the government.

published on : 23rd May 2022

Dignity Housing: Telangana Ministers hand over units in Hyderabad

On the occasion, Talasani said that the houses have been built with all civic amenities so that people can live in them without facing any problems.

published on : 16th May 2022

LIC housing finance ups home loan interest rate by 20 bps for select borrowers

The increase in the lending rate follows a hike of 40 basis points in the repo rate to 4.40 per cent by the Reserve Bank of India last week.

published on : 13th May 2022
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