Real Estate Intelligence Services (REIS) which is a division of Jones Lang LaSalle Meghraj released a report which said that stability in the commercial real estate market of India is observed with the economic recovery of India. According to the report, although in 2010, the landscape will be beneficial for tenants, but in 2011, influence […]
Due to the continuous oversupply of the commercial projects, the signs of pickup in demand in the sector seems becoming dull and thus banks are also backing out from lending to real estate firms. As compared to the residential sector, the demand growth of the commercial sector in past few months is much behind that […]
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Also tagged Commercial Banks, Commercial Projects, commercial sector, Commercial Space, Exposure Limit, Ledgers, Multiplexes, Office Spaces, Oversupply, PNB, Punjab National Bank, Real Estate Firms, Residential Sector
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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 […]
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Also tagged Bank Loans, Bank Of India, Borrowers, Cash Reserve Ratio, Credit Rating, CRR, Indian Overseas Bank, Loan Rates, Prudential, RBI, Realty Firms, Realty Loans, Repo Rate, Reserve Bank Of India, Risk Weight, Sufficiency
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PropertywalaThe commercial real estate market is slowly reviving as higher government incomes and an improving economy are prompting customers to invest. Developers say that there are more enquiries from investors. Many developers, instead of selling their properties, are signing rental deals. In one recent deal, global consultant KPMG signed a deal with Lodha Developers for […]
PropertywalaAfter long time of stagnation in the commercial real estate market in Mumbai, there is finally some revival. First off the block was the 10.3-acre Finlay Mill property for which there have been bids from Lodha Developers and Indiabulls Real Estate. On July 31, NTC will put the 16-acre Kohinoor Mill-1 property also on the […]
