Anmol Nayantara Group

The real estate sector in India is metamorphosing into a fully regulated, tightly controlled industry. Real estate companies irrespective of size have had to almost overnight alter their business practices to keep pace with the changing regulatory environment. It is imperative that the leaders, especially the Gen Next anticipate, prepare and lead from the front. Here are the top 10 guidelines for leaders to achieve success in an evolving real estate market: Hone leadership skill set Hone your leadership skill set with the ability to lead and manage change effectively Know impact of regulatory regime Understand the impact of the new regulatory regime and look at options to structure your business towards compliance Know impact of accounting regime Spend time with experts to understand the impact of the changing accounting regime IND AS and the GST on your business Be customer centric Make ‘customer centricity’ everyone’s responsibility within your organiz...

1.  What's the loan tenure? The tenure of home loans can be a maximum of 20 years or that preferred by the home buyer, whichever is lower 2. Will you pay processing fee? No processing fee will be charged by banks or housing finance companies from the applicants under CLSS 3. What’s the reduction in EMI? The interest subsidy of 4% under the scheme will bring down EMI by Rs 2,062 per month on a housing loan of Rs 9 lakh and interest subsidy of 3% will reduce the monthly outgo by Rs 2,019 on Rs 12 lakh loan, considering normal housing loan interest rate of 8.65% 4. Who is getting preference? The scheme gives preference to women with overriding preference to widows, single working women, people from scheduled castes and scheduled tribes, backward classes, differently abled and transgender people 5. What's the budgetary allocation? The government has allocated Rs 1,000 crore in Union Budget this year for the CLSS (MIG) scheme 6. Who'...