Tag: Inflation

Affordable Houses Now Unaffordable

The Only Affordable House March 10,2010 The fact that inflation rate and overall prices of raw material are rising is becoming one of the major reasons for  the property price rise. In the last few months, developers have boosted up the property prices by 10 to 35% while offering  exciting packages as a gadget to […]

Banks told to assess builders’ fund needs

India’s troubled realty firms may soon be thrown a lifeline, with the Reserve Bank of India indicating that banks consider providing support to large real estate companies. Recently, the regulator wrote to select banks telling them to assess the financial support given to builders and to finalize a workable solution, a senior banker said. The […]

Housing Demand Fall In Small Towns

Slump in the residential real estate sector in tier-1 cities seems to have spread over to tier-2 and tier-3 cities. Housing demand in small cities got down by 25% during February-July this year because of higher cost of borrowing. Besides rising cost, unavailability of inputs and power shortage also cause excessive delays in project completion. […]

Frasers Hospitality Will Expand Business in China, India And Vietnam

Frasers Hospitality, undaunted by the uncertain global economic outlook, is pursuing an aggressive expansion strategy in China, India, Vietnam and other markets. The hospitality arm of Singapore-listed conglomerate Fraser & Neave is a ‘contrarian’ that aims to add about 5,000 serviced apartments over the next two years, despite fears of a global economic slowdown, said […]