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Hyderabad metro phase II to link airport and ‘fourth city’, , – Homevior

Representative image HYDERABAD: A 40-km Metro Rail line will connect the Rajiv Gandhi International Airport (RGIA) to the proposed ‘Fourth City’ in Mucherla, Metro officials said on Sunday while releasing the detailed phase 2 plan of the project. The plan has also revised the alignment of the airport metro, which will now go via Aramghar …

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Basic Home Loan raises Rs 87.5 crore in series-B funding round, – Homevior

Representative image Fintech start-up Basic home loan, a platform for automating home loans for middle- and low-income households in India, has raised $10.6 million (Rs 87.5 crore) in a Series B funding round. The investment was led by Bertelsmann India Investments (BII), the strategic investment arm of German giant Bertelsmann SE & Co. KGaA, along …

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DDA Revamps Housing Schemes with Green Spaces and Modern Finishes, – Homevior

Representative image NEW DELHI: Following an encouraging response to the flats offered in three recent housing schemes launched last month, Delhi Development Authority (DDA) has prioritised developing green spaces around the housing areas and giving a fresh finish to unsold inventory where needed. The authority also plans to work with local bodies to ensure cleanliness …

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Indore administration receives 2,444 applications seeking land ownership rights, – Homevior

Representative image INDORE: A total of 2,444 applications were received by the district administration from applicants seeking leases on populated land under occupancy rights on Sunday. The district administration organised camps at tehsil offices in Indore for granting leases, in which around 266 applications were received in Kanadia, 334 in Rau, 687 in Malharganj, 595 …

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China to cut existing mortgage rates by October-end to boost property market, – Homevior

Representative image BEIJING: China’s central bank said on Sunday it would tell banks to lower mortgage rates for existing home loans before Oct. 31, as part of sweeping policies to support the country’s beleaguered property market as the economy slows. Commercial banks should, in batches, reduce interest rates on existing mortgages to no less than …

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Supertech Opposes Nbcc’s Takeover Plan, Says It Will Delay Flats Further, – Homevior

File Photo NOIDA: Supertech has raised questions about a proposal submitted by National Buildings Construction Corporation Ltd (NBCC) to complete 14,000 flats across 17 projects, pointing out that the state-backed company’s approach would prolong timelines and keep homebuyers waiting indefinitely. The realtor also criticised NBCC’s cost estimate to complete the projects, which is nearly double …

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First batch of BDD chawl residents to get new flats in January 2025, – Homevior

MUMBAI: The first lot of BDD chawl residents from Worli will move into their new 500 sq feet carpet two-bedroom homes by January next year. From 160 sq feet homes with common toilets to self-contained apartments, residents will be making a life-changing shift. The work at Naigaum BDD and N M Joshi Marg BDD Chawls …

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North Goa police verifies credentials of 40,000 tenants, , – Homevior

Representative Image PANAJI: Goa police launched a tenant verification drive in North Goa on Saturday, verifying the credentials of at least 40,000 tenants and house helpers residing in the district so far. Superintendent of police (SP) North Goa, Akshat Kaushal, said that the drive was launched in all police stations of North Goa and special …

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