Tag: Home Loan Interest Rates

Reddy seeks more aid for real estate

January 2, 2009 – 7:37 am

With an aim of reversing the slowdown, Urban Development Minister Jaipal Reddy has sought an additional package for the real estate sector. In a letter to the Prime Minister, Reddy has stated that “more needs to be done to reverse the slowdown facing the sector”. Suggesting a slew of measures, Reddy has submitted a note […]

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Why will banks lend more to realtors in times of accelerating slowdown?

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 […]

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Realty: Difficult To Buy And Rent

June 26, 2008 – 12:59 am

Realty prices might be showing signs of easing, yet its tough to buy a house. Prices are still high and loans are getting expensive. Renting a property is also getting dearer. According to analysts and developers residential rentals are hardening, registering a 10% growth. The demand for rented residential space is high as India has […]

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