News of Myfaridabad Forum

The falling gold and oil prices are likely to result in a significant reduction in the current account deficit, which in turn would provide the RBI with greater headroom for policy easing, experts said.



Thu, 18 Apr 2013 15:31:35 GMT
Read more here... http://businesstoday.feedsportal.com/c/ ... tory01.htm

The 170 functional SEZs have attracted investment of over Rs 2.36 lakh crore.

Thu, 18 Apr 2013 11:09:58 GMT
Read more here... http://www.financialexpress.com/news/fo ... t/1104383/

Some additional points need consideration :
Escalation on steel charged by The builders for those unit holders who paid 95 percent down payment is illegimate .
Also if the R.c.c frame and slabs were installed at the time of booking of unit , escalation on steel is unjustified .This is universal practice and the builder must be requested to refund the amount Paid by unit holders on this account.Failure to do so will amount to ...

However, the Left parties and DMK still have reservations on the Bill.

Thu, 18 Apr 2013 11:56:18 GMT
Read more here... http://www.financialexpress.com/news/br ... s/1104400/

The 170 functional SEZs have attracted investment of over Rs 2.36 lakh crore.

Thu, 18 Apr 2013 11:09:58 GMT
Read more here... http://www.financialexpress.com/news/la ... t/1104383/

Vodafone India in association with ICICI Bank announced launch of a unique mobile money transfer and payment service, M-Pesa.



Thu, 18 Apr 2013 04:29:11 GMT
Read more here... http://businesstoday.feedsportal.com/c/ ... tory01.htm

Dear Members,

We have had enough discussions regarding the Greater Faridabad’s problem vis-à-vis developers, HUDA etc.
However, I feel one area that is very much neglected is the safety of residents from natural calamities.

So, has anyone sought some information on the technology used by various builders to ensure that multistory towers have enough in them to absorb the earthquake shock?

GFWA, we would again need your support to help us know what can we ...

More than one-fourth of the total 5.2 lakh housing stocks being constructed in the national capital region (NCR) are unsold due to weak demand, according to property consultant Knight Frank.

The NCR market witnessed about 31 per cent decline in the new home launches at 33,500 units during the second half of 2012-13 fiscal compared with the year-ago period, while sales fell by 12 per cent to 33,200 units in the review period.

On housing ...

Leading global brokerage firm Nomura said there is an 80 per cent probability that the Reserve Bank will cut repo rate by 0.25 per cent in its monetary policy review on May 3, but it is "not a done deal".



Tue, 16 Apr 2013 07:37:55 GMT
Read more here... http://businesstoday.feedsportal.com/c/ ... tory01.htm

Why property is biggest con-job on investors

R Jagannathan
Firstpost.com

A real estate exhibition underway right now in Mumbai dubs itself as "India's biggest property expo" and promises "properties across all budgets". It will flop, as many of the previous ones did, for the reality is that property in Mumbai has completely detached itself from the fundamentals of affordability and economic value.

People will come to gawk at the pictures and brochures on display and ...