Page-2 of Real Estate
What is the Commitment Fee?
Commitment Fee refers to the fee charged by the creditor for unused credit to the borrower. The credit is not completely disbursed by the lender in one go to the builder or the borrower. The disbursal of loan is thus ..
SEBI allows REITs, InvITs to raise funds via debt securities
Capital markets regulator SEBI (Securities and Exchange Board of India) amended guidelines of Real Estate Investment Trusts (Reits) and Infrastructure Investments Trusts (InvITs) in order to broaden scope of fund raising by such instruments. Amended Guidelines It allows REITs and ..
Month: Current Affairs - September, 2017
Real Estate (Regulation and Development) Act, 2016
The UPA government had introduced a Real Estate (Regulation and Development) Bill, 2013 in August, 2013 in the parliament. The most recent version of this bill was passed in both the houses of parliament in February 2016. The bill has become ..
Demarcation of ESZ around Okhla Bird Sanctuary completed
Union Government has completed the demarcation of eco-sensitive zone (ESZ) around the Okhla Bird Sanctuary in the national capital region (NCR) of Delhi. It was announced by Union Environment Minister Prakash Javadekar mentioning that notification in this regard will be ..
Month: Current Affairs - August, 2015
Housing.com acquires HomeBuy360
Mumbai based Real estate listing portal Housing.com has acquired Bengaluru-based customer relationship management software company HomeBuy360. The software company was acquired in a cash deal of US 2 million dollars or 13 crore rupees. This deal will help Housing.com to ..