Tag Archives: Property Boom

Why will banks lend more to realtors in times of accelerating slowdown?

Expect the markets to take the Reserve Bank of India’s (RBI) persuasive moves on Saturday to direct lending to real estate sector with a pound of salt.
The simple point being, when current loans are under distress, why will banks lend more to realtors in times of accelerating slowdown?
Also, all the measures announced are prospective, so [...]

Boom Time Over:-Keki Mistry, Vice Chairman Of Housing Development Finance Corp

According to Keki Mistry, vice chairman of Housing Development Finance Corp An increase in the housing supply, rising borrowing costs and a stock market rout are bringing a five-year property boom in India to a close, according to executives at two mortgage lenders. Property prices across the country could drop as much as 15% in [...]