December 26, 2008 – 2:12 am
Government is planning another round of home loan package to make purchase of a house within the reach of middle class. PSB announced a home loan rate-cuts for homebuyers, a week ago. But, it was found that the package was far from expectations of both the public and developers. In that package, home loan up [...]
By rajani
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Posted in Property News
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Also tagged Bangalore, Chennai, Corridors, Homebuyers, Hyderabad, Interest Rate, Loan Package, Ncr, Public Sector Banks, Sentiment, Slowdown, Sweetener, Tax Rebate
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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 very [...]
By rajani
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Posted in Property News
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Also tagged Ansal Housing, Apartment, Dhaka, Global Real Estate, Home Loan Interest Rates, Lucrative Option, Prospective Home Buyers, Rent, Rented Properties, Renting A Property, Residential, Residential Properties, Residential Space
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Leading home loan lender ICICI Bank said that growth in the real estate sector has been impacted due to high interest rates and prices but maintained that there was no asset bubble in the sector.
ICICI Bank Joint Managing Director Chanda Kochhar said, “Clearly there is a slowdown in the number of deals …interest rates have [...]
The unending euphoria over real estate, which India has been witnessing over the past few years, is finally starting to show signs of ebbing, and that is probably healthy news for the long-term growth of this sector. Collapse of a few recent PE deals, postponement of capital-raising plans by developers and poor response to government [...]
By rajani
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Posted in Property News
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Also tagged Auctions, Capital Values, Deceleration, Government, Land, Major Cities, Real Estate, Rental Values, Residential Sector, Sector Collapse, Suburban Location
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