Tag: Low Interest Rates

Tight credit and small bonuses hit real estate

November 24, 2008 – 6:54 am

The giant cranes that once worked long into the Mumbai night are still, the roar of concrete mixers has dulled, and hundreds of migrant Realty hit workers have gone home. A slowing economy, high interest rates, tighter credit and a falling stock market have left developers in India’s financial hub scrambling for cash and delaying […]

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Real Estate Growth Slows Down After Boom

May 13, 2008 – 5:22 am

Property is a lifetime investment. When a person makes decision to buy a house, he/she thinks for the market price of that locality and the existing rate trend. If we talk about the scenario these days, sales of real estate have crashed but prices have not come down considerably. Further downside is projected which will […]

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RBI monetary stand may strike real estate industry

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 […]

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