Here’s some good news for the real estate investors. Yesterday, the sensex finished on a bullish note.
The rate cuts announced by the government on home loans had an effect on the bourses as the reality index on the BSE went up and with it the sensex too gained valuable points. And today, the banks benefited.
Has the recovery already started!
But that’s not the end of it for real estate giant DLF, bouyed by robust sales in the mid-income housing, has announced that it will invest Rs 15,000 crores over the next three years. Watch out for some lucrative housing schemes.
Meanwhile, the Delhi Development Authority today conducted the draw of lots for their 5,000 DDA flats ranging from Rs 7 to 77 lakh. They’ve been built in Dwarka, Rohini and Vasant Kunj.
For results please visit http://www.dda.org.in/ or http://www.urbanindia.nic.in/ or its Vikas Sadan office.
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2 years ago
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