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 […]
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Posted in Property News
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Also tagged Bank Of India, Banks, Capital Markets, Commitments, 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
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September 23, 2008 – 1:50 am
It has become well nigh impossible for those who invested in real estate last year to exit the scene as the downturn has deepened and the prices being quoted do not even cover the purchase costs and interest expenses. Moreover, the negative global news flow has set off a panic reaction, inducing investors to close […]
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Posted in Property News
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Also tagged Bandwagon, Bank Loan, Economic Gloom, Emis, Exit Options, Festive Season, Global News, Interest Expenses, Interest Outgo, Investment Decision, Lakh, Navin, noida, Price Appreciation, Property Consultants, Property Investments, Raheja Developers, Rate Hikes, Rs 50
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Home sales in India might have turned slow but sales to NRIs is on boom continuously. According to Jones Lang LaSalle Meghraj (JLLM), residential sales to NRIs have tripled over the last half year, from 3% to 10% of the total business. Lodha Group senior Vice President R. Kartik said, “What would happen when one […]
Indonesian company Lippo Group declared that it is not discouraged by a slump in Asian property markets and increasing financing costs, and decides to invest ten billion dollar on projects and acquisitions over the next half decade. The group is aiming various kind of projects such as retail, residential, hospital and hotel projects, and also […]
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Posted in Property News
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Also tagged Asian Countries, Assets, Distressed Property, Economic Cycle, Emerging Markets, Group President, Hotel Projects, Indonesian Company, Internal Resources, Lippo Group, Property Markets, Reits, Shopping Malls, Stephen Riady
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