Reproduction of news articles, photos, videos or another content material in whole or in part in any kind or medium with out express writtern permission of moneycontrol.com is prohibited. Presenting the budget, Finance Minister Nirmala Sitharam added that the government intends to create an Urban Infrastructure Development Fund on the lines of the Rural Infrastructure Development Fund that will be managed by the National Housing Bank. The authorities proposed to spend Rs 10,000 crore per year on city infrastructure development funds. Additionally, within the finances for 2023, the allocation for sensible cities and urban renewal project Amrut Scheme was at Rs sixteen,000 crore in opposition to Rs 14,one hundred crore in FY23 BE.

• Maintaining its exponential growth trajectory, the sector witnessed transactions price a document Dh528 billion in 2022, a 76.5 per cent improve from 2021.
• According to Bill Adams, chief economist for Comerica Bank, house prices are forecast to rise modestly in 2024 as excessive mortgage charges restrain buying energy and gross sales.
• Whether you’re a new agent or an experienced broker you could have access to a huge selection of sources designed to help you reach at present’s market.
• The common 30-year fixed mortgage rate hit a 23-year high of seven.31%, based on the newest Freddie Mac data.

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A Receiver Has Been Appointed For Unsold Models Inside Vandyk’s Boutique Condominium Constructing In South Etobicoke

The iBuyer has launched two new tiers in its agent partnership program, which offer as much as 4% in referral fees and access to more sell-side deals. Insights, recommendation and important news to help agents hold shifting forward. The demise of 69-year-old K P Sivaraman, who died by suicide inside the EPFO office at Kochi, has raised questions concerning the EPFO’s handling of his provident fund fee. Despite 9 years of waiting and multiple refusals, the EPFO cleared the pending dues with none extra paperwork, solely after Sivaraman’s demise. In August, Mumbai witnessed the registration of 10,990 properties, leading to a income collection of over Rs 810 crore, whereas in the identical month final year, 8,552 properties have been registered that introduced in a income of Rs 643 crore. According to officials, here has been a surge in registration numbers and income collection.