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Builders may have to pay 11% interest on delayed projects -Prabhakar Sinha

-The Times of India NEW DELHI: Developers may have to pay 11.2 per cent interest to buyers for delay in handing over apartments and homes, according to draft rules unveiled by the government, a step seen as bringing relief to homebuyers reeling under the impact of delayed projects and mounting loan liabilities. The rules also say projects without a completion certificate will have to register with the Real Estate Regulatory Authority, to...

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Coming soon: Clause in real estate bill to check bias against religion, sexual orientation, diet -Shalini Nair

-The Indian Express The anti-discrimination clause will provide recourse to buyers who are denied a house by builders owing to their caste, ethnic origin, gender, sexual orientation, dietary choices or any such factors. The Centre is set to introduce an anti-discriminatory clause in rules under the real estate Act to curb the practice of builders refusing to sell their apartments based on a buyer’s religion, marital status or dietary preferences. The Real Estate...

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Fodder banks replacing goshalas in drought-hit districts -Firoz Rozindar

-The Telegraph 15 such banks have been opened in Vijayapura district Vijayapura (Karnataka): In times of drought, cattle drive to a goshala (cattle shed) to feed them and driving them back may prove cumbersome. That explains the reason for the declining demand for goshalas in some of the drought-affected districts in the State. If the developments in the drought-affected districts are of any indication, the goshala concept seems to be becoming redundant...

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As India reels from drought, govt slammed for poor policies -Nirmala George

-Livemint.com/ AP Hundreds of millions of people in at least 13 states are reeling from severe drought, a situation that is expected to worsen in the coming months Shahapur: Shantabai Babulkar’s day begins before dawn with a 5 kilometer trek across barren fields and dusty scrubland to fetch water from a distant well for her family. The two metal pots of muddy water that Babulkar, 58, balances on her head and a...

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Her hard work bears fruit -Rani Devalla

-The Hindu VISAKHAPATNAM: DWCRA member makes strides by sellingfruit juice concentrates. Initially, she started off with just a couple of fruit juices using mango and guava pulp. A couple of decades ago, G. Bhagya Lakshmi was striving hard to make both ends meet with her husband Raghavendra Rao’s meagre income. Today, she earns Rs.2-3 lakh a month by making homemade juice concentrates. Hailing from Bandarulanka in East Godavari district, Bhagya Lakshmi attributes the...

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