Treading on the path of sustainable urbanization, unparalleled real estate industry, and decent living standards, India has constantly been making use of innovative and strategic measures to keep itself abreast of the rapidly-evolving world economies.
Recently, the State Bank of India, the largest lender in the country, announced its decision to reduce home loan interest rates. In such loans, it has lessened the interest rates up to 10 basis points (bps).
Last Friday (February 26th), the Punjab cabinet took a historic decision which has the potential of helping huge rural population of the state. Punjab cabinet, chaired by Chief Minister Amarinder Singh, approved the implementation of ‘Mission Lal Lakir’ in all the villages across the state.
India’s first data centre to be launched in Kharghar, Navi Mumbai. It will be spread over 100- acres of land beside Taloja industrial estate. This planned development is likely to convert Navi Mumbai into a prime residential location in the next few years.