October 7, 2009 – 6:21 pm
The RBI is planning to hike interest rates marginally in the fourth quarter of this fiscal to give a signal to the market. “To give a signal that the government is concerned about inflationary pressures, there is a chance of a marginal hike in interest rates in the January-March 2010 quarter,” HDFC Chairman Deepak Parekh […]
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 […]
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Posted in Property News
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Also tagged Bangalore, Chennai, Corridors, Home Loan, Homebuyers, Hyderabad, Loan Package, Ncr, Public Sector Banks, Sentiment, Slowdown, Sweetener, Tax Rebate
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September 8, 2008 – 1:47 am
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. […]
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Posted in Property News
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Also tagged Assocham, BPTP, Budget, Cost Of Borrowing, Inflation, Majors, Omaxe, People, Power Shortage, Project Completion, Rawat, Real Estate Sector, Residential Real Estate, Secretary General, Slump, Tier 1, Tier 3, Unavailability, Unitech
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An uninspiring opening and an even worse close towards the end of the day marked Indiabulls Properties Investment Trust’s debut on the Singapore Exchange on 11th june. During the day, it went down to as low as 0.88 cents and closed 10% below the issue price of S$1. The stock could not breach its issue […]
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Posted in Property News
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Also tagged DLF, Global Markets., Indiabulls, Investment Trust, Mumbai, Property, REIT, Selling Shares, Singapore, Stock, Unitech
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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 […]
