December 12, 2008 – 6:03 am
During the real estate boom period in US, there was euphoria all around and excessive, speculative investments being made in real estate, oversupply in the market, lenient lending covenants followed by banks- all of which were common practice in Indian boom period as well. While the former precipitated into a sub prime crisis what is […]
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Posted in Property News
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Also tagged Bank Of India, Finance Institutions, Housing Loan, Latent Demand, Loan Eligibility, Mohammad Asif, Mortgage Institutions, Oversupply, Policy Interventions, Real Estate Boom, Realistic Levels, Reserve Bank Of India, Risk Management Practices, Speculative Investments
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November 18, 2008 – 3:44 am
Unitech, the country’s second-largest listed real estate company, has put on the block all its six hotel projects under construction to reduce its capital expenditure and raise cash to fund its other ongoing projects. The company is in talks with a few private equity investors to sell all its six properties, being constructed at Gurgaon […]
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Posted in Property News
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Also tagged Affordable Housing, Capital Expenditure, Crore, Development Sector, Divestment, Economic Scenario, Economic Summit, Estate Assets, Finance Market, First Hotel, Gurgaon, Hospital Chains, Hotel Business, Hotel Project, Hotel Projects, Hotel Properties, Housing Finance Companies, Housing Market, Mahindra And Mahindra, Mahindra Group, Mid Market, Mr Chandra, New Houses, Ongoing Projects, Private Equity Funds, Private Equity Investor, Private Equity Investors, Rs 250, Target, Tie Ups, World Economic Forum
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October 31, 2008 – 12:17 am
The much-hyped slum rehabilitation authority (SRA) scheme of the Maharashtra government is in doldrums. This follows a steep slump in the real estate market. One of the biggest players in SRA schemes said, “I have decided to pull out completely. It just doesn’t make sense to get involved in these schemes anymore.” With many SRA […]
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Posted in Property News
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Also tagged Downslide, Fsi, Maharashtra Government, Occupants, Purchaser, Rane, Reluctance, Shrikant, Slowdown, Slum Rehabilitation Authority, Slump, Slums, State government, Transit Camps
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With RBI hiking the repo rate, home loans under the floating rate regime have witnessed a hike of .75 %. Leading housing finance providers like HDFC and ICICI Bank have again raised the interest rates. Who spares a thought for the loanee?. HOME LOANS have again become dearer, no thanks to the hike in interest […]
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Posted in Property News
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Also tagged Bank Of India, Finance Providers, Hdfc, Home Loan Provider, Icici Bank, Interest Rate Hike, Interest Rates, Rate Home Loans, RBI, Repo Rate, Reserve Bank Of India
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February 1, 2008 – 2:05 am
The real estate sector may discover the going tough with a expected go down in housing demand following the RBI kept key interest rates untouched, belying hope of rate cut. Real estate industry, which was hoping a slash in the interest rates on housing loans, felt although property demand would continue to boost, a cutback […]
