Recently Reserve Bank of India has cut its rates by 0.25 per cent. However this has not satisfied the realty developers, who say that the rate cut is insufficient to boost home sales. Reserve Bank of India has recently cut its rates by 0.25 per cent. Though the realty developers welcomed the RBI move, they […]
By skgupta
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Posted in Property News
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Also tagged Assotech, Credai, DLF Group, Housing Industry, housing sector, India Real Estate, Lalit Kumar Jain, Rajeev Talwar, Real Estate Sector, Reserve Bank Of India, Sachin Sandhir, Sanjeev Srivastva
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February 12, 2013 – 7:28 pm
According to realty experts the residential market across India has revived after RBI cut its rates recently. In fact the RBI’s rate cut has lowered the interest rates for home loans and other loans. Reducing the interest rates for home loans and other loans, RBI recently cut its key rates. The move of the RBI […]
January 29, 2013 – 7:00 pm
Supporting the realty firms, Finance Ministry opined that RBI can give them license to run banks. Finance Ministry made the comment while speaking about the new licensing policy of RBI. Finance Ministry, while commenting on the RBI’s plan over giving new bank licenses, said that the realty firms also should be permitted to run banks. […]
A recent report by Global Property Consultants CBRE South Asia, India Residential Market View – 2011 states that while the residential markets across NCR and Mumbai witnessed steady escalation in prices during the revival period from 2009 to first half of 2011 (as high as 40-50% in certain micro-markets), the latter half of the year brought in […]
The real estate market in Mumbai looks poised for some upswing after going through a lukewarm phase for the past few months. Evidently, there has been a marked increase in sales in March 2012 when 5,776 properties were registered, which is 37% more than the 3,639 registrations in the month of February 2012. Similarly, at least 50 […]
Healthy office space absorption in 2011-2012 inspite of slowdown in GDP, However 2012-13 seems bleak. Currently, the top seven cities of India that is Mumbai, National Capital Region, Bangalore, Pune, Chennai, Hyderabad and Kolkata together occupy 389 mn sq.ft of Grade-A office space. During 2010-11, a total of 38 mn sq.ft of new space was […]
Due to global issues, liquidity is becoming a problem. Though the phase is temporarily, the concern cannot be ruled out. Indian real estate sector is banking on the fact that change will take place and market will come out of the situation. The fact of the matter is that next 12 months and in fact 2012, does […]
The interest rate sensitive realty industry Tuesday welcomed the Reserve Bank of India’s (RBI) decision to cut key lending rates by 50 basis points, and felt the move will boost builders’ and home loan customers’ sentiments alike. “For the real estate in particular, this is indeed a welcome step by RBI. While the sector was […]
Realty firms on Tuesday hailed the RBI’s decision to cut short-term lending rate saying the move would reduce the cost of funds to home buyers as well as developers and boost property demand. “Reserve Bank’s decision to cut the repo rate by 50 basis points and abolish pre-payment penalties is a good move for home […]
Real estate is a significant part of an investor’s pie. It is also a time tested asset, which almost always appreciates except in times of severe economic downtrends, when it’s temporarily affected. In fact, buying real estate for investment purposes and selling it later at a higher price has become very common among investors. Banks […]
By skgupta
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Posted in Property News
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Also tagged Capital gains, CII, cost inflation index, Financial Institutions, LTCG, NBFC, non-banking, Real Estate, Reserve Bank Of India, sold property, STCG, tax structure
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Jones Lang LaSalle India, a global research firm in the real estate sector, says that prices of residential units in India in the next six months should witness marginal appreciation. JLL says: “Over 60% of residential launches in the Top 7 cities (mostly in cities other than the NCR and Mumbai) are priced in the range of Rs […]
Buy or not to buy? Despite a profusion of analyses and research reports on housing prices and their future direction, home buyers remain as confused as ever. So it is little wonder that 37 lakh of flats remain vacant in Maharashtra, of which 4.79 lakh are in Mumbai. The Census Directorate data says that even Thane district has more than 5 lakh […]
By skgupta
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Posted in Property News
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Also tagged Budget, Census Directorate, DCR, development control rules, Home Buyers, Jones Lang Lasalle, Maharashtra, MD, Mumbai, Pankaj Kapoor, Reserve Bank Of India, Stamp Duty
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August 11, 2010 – 11:44 pm
Photo by abrinskyDLF, India’s leading real estate developer is approaching domestic banks like State Bank of India (SBI) and ICICI bank to refinance a 300 million USD loan it had raised last year through external commercial borrowings (ECB). The debt of company might get refinanced at a rate of around 7%. The refinancing will be […]
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Also tagged Airports, Bank Of India, Bridges, Dlf India, dollar terms, domestic banks, ecb, external commercial borrowings, Icici Bank, infrastructure sectors, Leading Real Estate, power sector, Real Estate Developer, refinancing, SBI, sea ports, state bank, State Bank Of India, Townships
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April 14, 2010 – 11:03 pm
April 15, 2010 The builders might now suffer with costlier scrounging since Reserve Bank of India (RBI) plans to ask banks to set apart more funds for loans to commercial realty projects. This in turn will force banks to aggrandize the interest rates on such loans. According to senior bankers RBI can take either of […]
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Also tagged Bank Loans, Bank Of India, Borrowers, Cash Reserve Ratio, Commercial realty, Credit Rating, CRR, Indian Overseas Bank, Loan Rates, Prudential, Realty Firms, Realty Loans, Repo Rate, Reserve Bank Of India, Risk Weight, Sufficiency
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Photo by seaview99March 25, 2010 After the budget 2010, SBI brings a gleam of hope for home loan borrowers as it plans an extension in the home loan relief plan. SBI, the State Bank of India, one of the largest lenders in India, has indicated that although there would be slight changes, but it may […]
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Also tagged Bank Of India, Cement, corporations, development finance corporation, Economic Growth, gleam, Home Loan, Housing Development, Lenders, Loan Borrowers, loan plans, loan scheme, mortgage lender, SBI, Sectors, state bank, State Bank Of India, tenure
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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 […]
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 […]
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 weight of […]
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 […]
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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 […]
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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 […]
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, […]
