Affordable housing is an unquestionable concept. The buyers and their service providers learnt a lot from the sudden growth of Indian economy and the recession which followed it. It was a miserable condition for buyers when the annual GDP growth rate hit double digits. Be it be a vehicle or a house, an essential or […]
By
|
Posted in Property News
|
Also tagged Affordable Housing, Gdp, gdp growth rate, houses, Housing Market, Indian Economy, Investors, Loans, pillar, ray of hope, Realty Market, Recession, Residential Realty, service providers
|
December 30, 2008 – 3:49 am
Shares of real estate companies were up, but gave back a portion of early gains, as investors booked profits in choppy trades. Analysts said the spurts of strength in realty stocks in recent days can be attributed to hopes of further cuts in interest rates. “Most of the strength in selective stocks is due to […]
By
|
Posted in Property News
|
Also tagged Exorbitant Prices, Gainers, Institutional Investors, Interest Rates, Parsvanath, Prospective Clients, Real Estate Companies, Real Estate Sector, Realty Stocks, Selective Stocks, Spurts, Stocks Shares, Trades, Unitech
|
December 6, 2008 – 12:13 am
India’s troubled realty firms may soon be thrown a lifeline, with the Reserve Bank of India indicating that banks consider providing support to large real estate companies. Recently, the regulator wrote to select banks telling them to assess the financial support given to builders and to finalize a workable solution, a senior banker said. The […]
By
|
Posted in Property News
|
Also tagged Bank Of India, Capital Markets, Commitments, Downturn, Economic Slowdown, Financial Vulnerability, Funding Sources, Indebtedness, Inflation, Interest Rates, Lifeline, Private Equity, Realty Firms, Reserve Bank Of India, Sectors, Select Real Estate, Workable Solution
|
November 16, 2008 – 11:54 pm
Expect the markets to take the Reserve Bank of India’s (RBI) persuasive moves on Saturday to direct lending to real estate sector with a pound of salt. The simple point being, when current loans are under distress, why will banks lend more to realtors in times of accelerating slowdown? Also, all the measures announced are […]
By
|
Posted in Property News
|
Also tagged Bank Of India, Bonanzas, Capital Values, Electricity Bills, Festive Season, Free Cars, Gold Coins, Home Loan Interest, Home Loan Interest Rates, Loan Interest Rates, Loans, Market Meltdown, Market Mood, Measures, Moderate Level, Property Boom, Property Developers, Real Estate Sector, Realtors, Reserve Bank Of India, Risk Weights, Rupee Exchange Rate, Slowdown, Stamp Duty, Worldwide Financial Crisis
|
LIC Housing Finance, the mortgage arm of Life Insurance Corporation of India (LIC), is set to foray into the venture capital arena. It intends to start Rs 500 crore real estate fund by the end of this financial year. LIC Housing Finance is reportedly scouting for a banking partner for raising capital and will soon […]
The number of commercial property loans in default has soared 400% in just 1years, according to a report. The study of bank lending to the commercial property industry illustrates that while the amount lent continued to rise in 2007, nearly four hundred loans slipped into default, up from fewer than eighty in 2006. Although the […]
