John Forbes, PwC real estate partner, told the 2012 Cambridge Real Estate Finance and Investment Conference that the global financial crisis means that the milestone could come sooner than expected. ‘Back in 2007, we predicted that the GDP of the leading emerging markets would surpass that of the leading advanced economies by 2050. The intervening […]
Healthy office space absorption in 2011-2012 inspite of slowdown in GDP, However 2012-13 seems bleak. Currently, the top seven cities of India that is Mumbai, National Capital Region, Bangalore, Pune, Chennai, Hyderabad and Kolkata together occupy 389 mn sq.ft of Grade-A office space. During 2010-11, a total of 38 mn sq.ft of new space was […]
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 […]
By skgupta
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Posted in Property News
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Also tagged Affordable Units, Developers, ECB loans, external commercial borrowing, House Prices, Lloyds TSB International Global Housing, London-based, Market Review, Russia, South Africa, Union Budget 2012
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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 […]
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Also tagged Affordable Housing, Banks, gdp growth rate, houses, Housing Market, Indian Economy, Investors, Loans, pillar, ray of hope, Realty Market, Recession, Residential Realty, service providers
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November 4, 2008 – 11:52 pm
The Reserve Bank of India (RBI) is likely to relax the provisioning norms against loans given to real estate and other sectors. In a meeting with FM P Chidambaram on Tuesday, PSU banks have asked for relaxation of the provisioning norms, without compromising on the quality of credit to utilize their capital more aggressively. For […]
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Posted in Property News
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Also tagged Bank Of India, Banking Sector, Corporates, Credit Flow, Home Loans, Norms, P Chidambaram, Profitability, Psu Banks, Public Sector Bank, Real Estate Sector, Relaxation, Reserve Bank Of India
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Property is a lifetime investment. When a person makes decision to buy a house, he/she thinks for the market price of that locality and the existing rate trend. If we talk about the scenario these days, sales of real estate have crashed but prices have not come down considerably. Further downside is projected which will […]
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Posted in Property News
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Also tagged Boom, Downside, Economy., Growth Rate, Interest Rates, Investment, Loan, Locality, Long Term Investment, Low Interest Rates, Real Estate Sector, Sentiment, Slowdown
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