Thursday, August 20, 2009

BULLETS FOR THE WEEK


SURVEY ON AFFORDABLE HOUSING

Affordable property prices in Chennai, according to the research report, for the middle income group earning Rs. 3.5 lakh per annum is about Rs. 14 to 21 lakh.

A WEAK MARKET FOR OFFICE SPACE

Supply has outstripped demand.

MODULAR CARPETS FROM RECYCLED YARN

Now, old nylon fibre too is transformed into attractive carpet tiles through green methods.

RBI CAUTION

The Reserve Bank cautioned the public to verify the credentials before dealing with entities promising various loans, saying there were cases where such entities disappeared after taking the processing fees.

Warning against the unincorporated bodies, the central bank advised people to exercise utmost caution while dealing with such entities and to verify the credential of those entities before dealing with them, the statement said.

TATA CUTS STEEL PRICES BY UP TO Rs. 1500/- A TONNE