Latest News for: Construction bank loans

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As dream homes turn into debt traps, can SC nix builder-bank nexus?

The Times of India 14 May 2025
He also fell into the subvention trap when he booked a flat in a Jaypee project in Noida.Initially on a construction-linked loan from ICICI Bank, Gupta was approached by bank representatives and ...
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CBI seeks land allotment files, maps, lease deeds for 4 condos from YEIDA

The Times of India 13 May 2025
It also directed the agency to probe violations of RBI and National Housing Bank (NHB) guidelines, particularly concerning the upfront disbursal of home loans without verifying construction progress.
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Hundreds of homes coming to North San Jose

NBC Bay Area 13 May 2025
... lot, which county documents show the developer purchased from JT Associates for $13.5 million and received a $43.2 million construction loan from Comerica Bank, as first reported by the Mercury News.
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Construction to start on covered tanks to replace Levine Reservoir

northjersey.com 12 May 2025
The money from the Water Bank loan will cover the $41.8 million construction contract, $5.5 million in engineering fees, $1.9 million in planning and design costs, $2 million for contingencies, and ...
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DOTr eyes private partner to complete CBRT project

Sun Star 09 May 2025
The World Bank loan currently financing the initiative is set to expire next year ... This package involves constructing a dedicated bus lane along N ... Loan expiry. The World Bank approved a US$141-million loan for the CBRT’s construction on Sept.
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Gulf signals return: Arab Fund pledges fresh support for Lebanon’s recovery

LBC International 07 May 2025
... through soft loans. . These have included projects such as the Litani River water transfer, the construction of Lebanese University campuses, and, most recently, a loan to the Public Housing Bank.
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ND Legislature removes $50M in state funding for Theodore Roosevelt Presidential Library

Watertown Public Opinion 07 May 2025
The loan, which can only be used for construction costs, is meant to keep the project moving if there are donations that have been pledged but not yet received by the library foundation.
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FYI Miami: May 8, 2025

Miami Today 07 May 2025
Below are some of the FYIs in this week’s edition ... To subscribe click here ... Mr ... Included in the package was a $37 million construction loan from Bank of America and $30.6 million in tax credit equity, coupled with a $20 million Citibank permanent loan ... .
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San Jose project with hundreds of homes advances with real estate deal

The Mercury News 01 May 2025
Comerica Bank provided SummerHill Homes with a construction loan of $43.2 million, according to the county property files. JT Associates sold the 4.3-acre site to the SummerHill affiliate ... .
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SC orders CBI to probe builder-banker nexus

Hindustan Times 30 Apr 2025
... construction of the underlying projects was complete. After builders/developers defaulted on getting the flats constructed, the banks demanded EMIs for recovering the loan amounts from the homebuyers.
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EBRD to finance $358M loan for Türkiye's Antalya Airport

Anadolu Agency 30 Apr 2025
The proceeds will be used to refinance a bridge loan that Fraport TAV Antalya Investment, Construction and Operation raised from commercial banks and development finance institutions to cover the ...
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Citizens National Bank promotes Laman

Lima Ohio 29 Apr 2025
Laman has more than 25 years of experience in mortgage banking, including time as a loan processor, underwriter, quality control auditor and compliance auditor.
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Central Bank to Rebuild its Historic 1892 Bank in Downtown Springville

Serve Daily 29 Apr 2025
... and loan banking functions until the new office is completed ... Phase two of the revitalization project will be the construction of the new bank office modeled to match the original 1892 building.
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Massive renovation underway at 7-story, 99-unit Terrace Gardens affordable housing complex

Newark Advocate 29 Apr 2025
Financing for the project, which has been years in the making, included an $8 million construction loan from Huntington National Bank, a $2.5 million housing development equity bridge loan from the ...
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AP CM invites Amaravati farmers for its ground breaking ceremony on May 2

The Siasat Daily 29 Apr 2025
Further, Naidu assured them that his government would take steps to facilitate bank loans for the returnable plots allotted to those who had contributed land for the construction of Amaravati.

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