Fast moving consumer goods (FMCG) firm Hindustan Unilever (HUL) announced on Wednesday that it has sold off its sea-facing property located at suburban Worli, ‘Gulita’, to Piramal Realty for Rs 452.5 crore. Piramal Realty is the property development arm of Ajay Piramal Group. MUST READ: How to win a good property deal Piramal Realty had earlier emerged as the highest bidder for the one acre property. “HUL and entities of Piramal Realty (Ajay Piramal Group) have signed an agreement for assignment of the former’s leasehold rights of the land and building named ‘Gulita’ situated at Worli sea face for a…
Author: Deep
Business users alarmed by Microsoft’s recent announcement that new chips will not run on Windows 7 PCs need not fret. More than 100 business PCs coming with Intel’s new “Skylake” Core vPro processors will run Windows 7, though the chips are tuned for Windows 10. Microsoft last week said PCs with certain Intel Skylake and next-generation “Kaby Lake” chips would support only Windows 10. The goal was to push enterprises to upgrade their PCs to the new OS. However, Microsoft is releasing a list of Skylake PCs that support Windows 7. The new “6th-generation” vPro chips, announced on Tuesday, have…
If you have been saving for your dream house, you will need to build a bigger corpus before you start looking for a property. The Reserve Bank of India (RBI) has asked banks to exclude stamp duty, registration and other documentation charges from the total value of the home forcalculating the maximum amount of loan that can be disbursed for property. In order to stop banks from taking excessive risk, the RBI has restricted banks from lending more than 90 per cent for houses below Rs 20 lakh and 80 per cent for houses above Rs 20 lakh. HOME LOAN…
There’s a new trick snaking its way through the Android universe that will greatly speed up your ability to download a new app. Android Police was tipped that about a new option to download an Android app directly from a Google search; no need to hop over to the Play Store. After a search for an app, a popup box launched with the usual Install and Accept buttons. [“source -pcworld”]
Question: Who would want to put money into real estate at a time when the economy is slowing, property sales are declining, prices are stagnant and finance is much more costly than before because of high interest rates? Answer: Strangely enough, quite a few private investors. The stock market may not have been doing too well lately. But realty companies, in comparison, have been doing even worse. The Bombay Stock Exchange Realty Index, launched on July 9, 2007, has tanked nearly 70 per cent since then. In the same period, the broader BSE index gained 29 per cent. If the…
A Samsung representative told the site, “Samsung can confirm that the Note 5 internal S Pen mechanism has been changed to avoid the issue caused by inserting the S Pen incorrectly. As always, we recommend following proper instructions for storing the S Pen.” As alluded to in the quote, Samsung’s official stance until this time was to refer everyone to the instruction manual, which warns of this hazard. If you’re currently a Note 5 owner, let this serve as another reminder to be doubly sure you’re putting the pen back the right way. Why this matters: Samsung clearly decided this…
Buying a ready-made modular kitchen or bathroom is now par for the course for a number of Indians. But what if you could go to a store, buy a house and get it assembled on your plot? With pre-fabricated, or prefab, technology becoming popular, this might become a reality in a few years. REALTY INNOVATIONS Timely delivery of properties is important for both builders and buyers. From the buyer’s point of view, early possession of an apartment means early freedom from rent payments. MUST READ:How eco-friendly homes save money If the buyer is an investor, he can start earning rental…