The unprecedented rate of urbanization the world has witnessed for the past few decades has inevitably led to increasingly high demand for good, affordable housing. To home buyers delight, Govt of India has announced some remarkable offers/rebates on housing loan….
We at Sumadhura wish to share this good news! It is the first time in 17 years that home loan interest rates have fallen below 8%. The State Bank of India is offering home loans at 7.95% interest rate (floating),…
Sumadhura Infracon Pvt. Ltd. is a well reputed developer in residential and commercial buildings in Bangalore and Hyderabad. Sumadhura is leading the way to showcase what can be done with the waste. As a part of the Swachh Bharat Initiative…
The Reserve Bank of India (RBI) allows Non Resident Indians (NRIs) to purchase any residential or commercial property in India, without seeking any special permission from the country’s central banking institution. NRIs are not even required to communicate or inform…
When you are contemplating buying an apartment, it is important for you to understand what property buying entails. You will be surprised by the amount of information you would have to consume, be it searching for the apartment, going through…
In a bid to clear off massive unsold housing inventories, builders are holding back on new launch projects. During the March quarter of 2018, real estate developers across top nine Indian cities launched only 27,800 new units, compared to 69,489 units in Jan-March last year. This is a 60% drop from previous year. However, beating all odds is Bangalore,
When it was announced that the government would link all Indian properties with Aadhar, the decision was considered a crucial one. This would lead to the creation of a central database of ownership for each and every property. This, in…
Real Estate Regulatory Authority (RERA) Karnataka is leading the way in terms of the RERA implementation. It has started issuing permanent registration numbers to all approved projects. But before doing so, it has put 542 ongoing projects in the red….