April 14, 2010 – 11:03 pm
April 15, 2010 The builders might now suffer with costlier scrounging since Reserve Bank of India (RBI) plans to ask banks to set apart more funds for loans to commercial realty projects. This in turn will force banks to aggrandize the interest rates on such loans. According to senior bankers RBI can take either of […]
By
|
Posted in Property News
|
Also tagged Bank Of India, Borrowers, Cash Reserve Ratio, Commercial realty, Credit Rating, CRR, Indian Overseas Bank, Loan Rates, Prudential, RBI, Realty Firms, Realty Loans, Repo Rate, Reserve Bank Of India, Risk Weight, Sufficiency
|
January 13, 2009 – 1:21 am
Some of India’s largest real estate firms such as DLF, Unitech, Omaxe and Parsvnath that launched multiple projects at the peak of the real estate boom are now under pressure from buyers and investors who look to exit these projects. Already in a difficulty due to unavailability of bank loans and a fall in sales, […]
By
|
Posted in Property News
|
Also tagged Allegations, Apartment, Commercial Plots, Commercial Projects, Developers, Industrial Plots, Initial Deposits, Installments, Kolkata, Launch, Marg, Omaxe, Parsvnath, Real Estate Boom, Unitech
|
January 9, 2009 – 1:46 am
Loans extended by banks to hotels and hospitals may no longer be treated as commercial real estate category. The Reserve Bank of India revised norms on real estate exposure where it included loans extended against security of future rent receivables from commercial real estate exposure. The revised norms will not immediately impact banks’ balance sheet. […]
By
|
Posted in Property News
|
Also tagged Bank Of India, Cash Flows, Commercial Loans, Commercial Real Estate, Economic Cycle, Fluctuations, Hospitals, Norms, Real Estate Sector, Reserve Bank Of India, Room Rents, Stimulus Package
|
With bank credit drying up and private channels of funding getting expensive, several small developers are attempting to mop-up funds from retail investors by offering them a 12% guaranteed return for 5-9 years. Under the scheme, a retail investor has to buy a minimum area in the project and make an outright payment. Delhi-based Piyush […]
By
|
Posted in Property News
|
Also tagged Amit, Borrowings, Capital Markets Group, Cushman, Goyal, Jmd, Lakh, Minimum Investment, Piyush Group, Private Channels, Retail Investor, Sandeep Singh, Wakefield
|
