How to buy a property on which home loan is pending
A buyer needs to procure no-dues and other approvals from banks and government authorities before buying a property on which there is an existing home loan.[#full_content_wordai]
Commercial
Goa’s rural development department aims to fund 400 homes under PMAY
The short-term goals, which have to be achieved by 2021, are sanctioning funds for 200 homes under the PMAY scheme and generating 2 lakh work days under the MNREGA scheme through which 460 infrastructure projects will be taken up.[#full_content_wordai]
Lucknow civic body to give 5% off on property tax to women home owners
It has also decided to provide free service to women in all the 86 pink toilets being constructed by LMC.[#full_content_wordai]
Home loan rate cuts by key lenders to help push housing sales momentum further
The country’s largest private mortgage lender HDFC has reduced the interest rate on its home loans to 6.75% from 6.8%. This reduction in home loan rate was announced just days after banks like the State Bank of India (SBI) and Kotak Mahindra Bank announced rate cuts.[#full_content_wordai]
Auction schedule of 269 Chandigarh housing board’s properties out on March 8
The 269 properties include 11 residential (leasehold), 108 residential (freehold) and 150 commercial (leasehold) that will be auctioned in a phased manner.[#full_content_wordai]