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CommonFloor Editorial Team

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Five new port projects approved by Cabinet

New Delhi: The Shipping Ministry’s proposal for five port projects was recently approved by the Cabinet. The proposal involves handing out land to builders on a long-term basis. Out of the five ports four would be implemented on the basis of a public-private partnership (PPPs). The four projects comprise the ones which would be established at […]

CommonFloor Editorial Team

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New land bill: unviable for state level development

The Right to Fair Compensation and Transparency was recently passed by the Parliament within the Land Acquisition, Rehabilitation and Resettlement Bill. On numerous counts, this legislation trumps the extant law. However, it is not the most comprehensive and does have some serious flaws. Deficiencies of the bill: The Bill proffers ample opportunities to those resourceful enough […]

CommonFloor Editorial Team

High Interest Rate on Loans: Builders in trouble

Escalating realty prices is the last thing a potential buyer would have in his/her mind, and the present times talks about it in detail. Developers are not raking in the moolah now and are displeased with the present market scenario. Taking loan from money-lenders at high interest rates in order to help their project cross […]

CommonFloor Editorial Team

Bangalore real estate promises lucrative returns in coming years

While the realty sector across the country is witnessing a tortoise pace, the Bangalore real estate market is soaring high, in regard to demand and supply. This is mainly because of the upward trend in the demand for professionals in the IT/ITes sector for the last few years. The IT sector is one of the […]

CommonFloor Editorial Team

SBI surprise: Growth in home loan portfolios

When the nation is yet to recover from the shock of increased repo rates, the State Bank of India (Bangalore Circle) has made it to the headlines by announcing its plan to increase its home loan portfolio by 22% to meet its target of Rs 2200 crore in this fiscal year. Home loans have become pretty expensive […]

CommonFloor Editorial Team

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