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 said [...]
October 3, 2009 – 5:30 pm
The Indian hotel industry will almost double the number of rooms from the current levels in 3-4 years by adding an estimated fifty-five thousand rooms, as per a study by consulting firm HVS India. The development of new rooms is going to be led by regional real estate players and hospitality firms as most large [...]
September 28, 2009 – 2:02 pm
The Reserve Bank of India may step up its efforts to pre-empt another bubble in the local property market by increasing the cost of funds for the commercial real estate sector by up to 200 basis points.
According to an RBI official, “We are looking at a hike in the risk weight to the commercial real [...]
September 19, 2009 – 12:58 pm
Home buyers will now know if the land on which their building stands is free of outside claims after a recent RBI circular mandating builders mortgaging the land to raise money to disclose it in all advertisements and brochures.
RBI has asked lenders to ensure that all publicity material relating to the sale of real [...]
Photo by suburbansliceAs per the draft guideline released by RBI, bank loans to entrepreneurs for acquiring real estate for their business would not be classified as commercial real estate (CRE) exposure. Currently, bank loans to companies for acquiring real estate for hotels and hospitality are treated as CRE exposure and attract a risk [...]
December 15, 2008 – 4:27 am
With shrinking industrial production (IIP) numbers for November intensifying fears of a sharper economic slowdown in India, investors are awaiting suitable policy responses. There is an anticipation of second tranche of fiscal sops from the government and additional interest rate cuts by the central bank.
In addition to domestic triggers, investors will keep a close watch [...]
By rajani
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Posted in Property News
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Also tagged Bailout Package, Basis Points, Benchmark Rates, Close Watch, Consumer Spending, Cues, Economic Slowdown, Emerging Markets, Federal Reserve, General Motors, Global Recession, Home Analysts, Interest Rate Outlook, Investor Sentiment, Policy Responses, Resurgence, Sops, Tranche
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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 rate [...]
By admin
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Posted in Property News
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Also tagged Bank Of India, Finance Providers, Hdfc, Home Loan Provider, Housing Loans, Icici Bank, Interest Rate Hike, Interest Rates, Rate Home Loans, 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 in [...]
January 30, 2008 – 2:26 am
Bangalore, Jan 29 Bangalore-based real estate consulting firm Asipac has been requested to join a association that is developing Rs 70,000-crore luxury real estate project in Brazil.
The project is sketched on 6,350 acre site, the company said in a statement.
The project is being promoted by a association of investors based in Brazil, France, Spain and [...]
