News of Myfaridabad Forum

Dear Friends

Past several months, several agents & property dealers have been making repeated business calls and sms's for sale of RPS apartments, several of them openly stating that they have received details from RPS itself.

I actually counted the calls received today, Since morning I have received six such calls. I find these calls highly annoying, these come from a new number each time at odd hours - Client meeting, Office work, Movie hall, ...

Hi Guys,

I had a talk with RPS Group today and the following are the updates on Savana possession.

Registration charges : BSP+CarParking+PLC= 5% of the total cost, approx 2200 PSF X 5% is the registration

Increase in total area for Tower T-8, Approx 40 Sqft hence the additional charges of 1700 X 40 will be coming

140 RS PSQFT for Fire fighting and other charges = total 1303+40=(1343X140) extra

Penalties to be paid to ...

The Ministry of Housing and Urban Poverty Alleviation is considering easing norms for foreign direct investment (FDI) in real estate projects.



Fri, 02 Aug 2013 13:40:50 GMT
Read more here... http://businesstoday.feedsportal.com/c/ ... tory01.htm

The move follows domestic private banks, including YES Bank, HDFC Bank and Axis Bank, which have upped rates by up to 4 per cent because of the tight liquidity conditions.



Fri, 02 Aug 2013 11:08:34 GMT
Read more here... http://businesstoday.feedsportal.com/c/ ... tory01.htm

News Alert: Coverage by NDTV Profit toward development of Greater Faridabad area.

Date : 2nd Aug ’13 (Today)
Time : 7 PM and 11PM

Builders are openly vioalating High Court Stay Order on enhanced EDC. In fact, violation is in writing. Piyush Group has explicitly mentioned CWP 5835 petition (Kurukshetra) in its final possession demand letter. For Builder, looks like stay order on enhanced EDC by Court does not mean anything. He is referring to only final judgment in this writ when it comes.

Please find attached. I have highlighted in RED

As far as EDC is concerned, whether ...

Just got possession letter from Piyush...........very disappointing.........demand is same as before in fitment possession letter :( height od cheating and looting

In order to contain Current Account Deficit (CAD) and arrest value of declining rupee, the RBI last month had raised the cost of borrowing for banks and reduced availability of funds to curb speculation in the forex market.



Thu, 01 Aug 2013 11:21:27 GMT
Read more here... http://businesstoday.feedsportal.com/c/ ... tory01.htm

Another private sector lender Yes Bank had on Wednesday raised lending and deposit rates by up to 0.5 per cent.



Thu, 01 Aug 2013 09:49:42 GMT
Read more here... http://businesstoday.feedsportal.com/c/ ... tory01.htm

With the rupee trading just below 61 to a dollar, things are not hunky-dory for Indian markets-both debt and equity. The Indian currency's fall necessitates a change in the investment strategy. Here is how you can go about it.



Wed, 31 Jul 2013 18:30:00 GMT
Read more here... http://businesstoday.feedsportal.com/c/ ... tory01.htm