Daily Real Estate News Digest (31st July 2019)

BMC clears proposal to rebate 7% in property tax on segregating waste.

Further rebates will be given if the societies dispose of their own dry waste to a local recycler and make compost out of the wet waste.

ET Realty

Japanese investor Shinji Kimura’s Harbourfront Capital invest in Easy Home Finance.

Japanese investor Shinji Kimura’s Harbourfront Capital made an undisclosed amount of investment in a mortgage-tech startup – Easy Home Finance Ltd.

ET Realty

Hyderabad civic body getting just Rs 1,000 as rent for commercial space worth Rs 1 lakh.

On an average, people pay around Rs 5 lakhs as deposit for 450 square feet of space, but those running businesses from government-owned complexes pay around Rs 4,000 to Rs 5,000 per month as rent. 

ET Realty

Union Bank of India cuts MCLR by up to 20 bps across tenors.

The overnight tenor and one-month MCLR are down to 8.10 per cent each as compared with the earlier rates of 8.25 per cent and 8.30 per cent, respectively. 

ET Realty

Leave a Reply

Your email address will not be published. Required fields are marked *