Tag: external commercial borrowing

Economy and Realty at Glance: For the Month of March 2012.

April 14, 2012 – 6:44 pm

The report highlights the revised service tax and its impact on the consumers, the deduction in TDS and the current scenario of the External Commercial Borrowing (ECB) apart from its emphasis on the Chennai Realty Market. Following are the key takeaways of the report: – Chennai leads the market in terms of number of units […]

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Affordable Units Get Little Relief as India Sees Record Rise in House Prices.

March 24, 2012 – 3:18 pm

Housing prices in India are the highest in the world, according to the most recent research from London-based Lloyds TSB International Global Housing Market Review.  Prices in a country of 1.21 billion residents have increased 284 percent since 2001.The Lloyds report ranks Russia and South Africa with the second and third highest housing prices.  Prices […]

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Realty Sector faces Disappointment.

March 19, 2012 – 12:57 pm

The Union Budget 2012-13 on Friday proposed allowing external commercial borrowing for low cost affordable housing projects. Presenting the Budget in the Lok Sabha, the Finance Minister, Mr Pranabh Mukherjee, also proposed setting up of a Credit Guarantee Trust Fund to ensure better flow of institutional credit for housing loans. The Minister also proposed to […]

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