January 13, 2009 – 1:21 am
Some of India’s largest real estate firms such as DLF, Unitech, Omaxe and Parsvnath that launched multiple projects at the peak of the real estate boom are now under pressure from buyers and investors who look to exit these projects. Already in a difficulty due to unavailability of bank loans and a fall in sales, […]
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Posted in Property News
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Also tagged Allegations, Apartment, Bank Loans, Commercial Plots, Commercial Projects, Developers, Industrial Plots, Initial Deposits, Installments, Kolkata, Launch, Marg, Omaxe, Parsvnath, Unitech
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December 12, 2008 – 6:03 am
During the real estate boom period in US, there was euphoria all around and excessive, speculative investments being made in real estate, oversupply in the market, lenient lending covenants followed by banks- all of which were common practice in Indian boom period as well. While the former precipitated into a sub prime crisis what is […]
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Posted in Property News
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Also tagged Bank Of India, Finance Institutions, Housing Loan, Housing Loans, Latent Demand, Loan Eligibility, Mohammad Asif, Mortgage Institutions, Oversupply, Policy Interventions, Realistic Levels, Reserve Bank Of India, Risk Management Practices, Speculative Investments
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December 3, 2008 – 1:51 am
Thanks to a variety of witty presentations explaining financial woes afflicting the US via e-mails, everyone today is an “expert” on sub-prime;everyone is risk-averse and everyone who is not affluent is seen as “high risk” and deemed by most as “sub-prime.” But, there are fundamental differences, both in the economic situation and the customer segment […]
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Posted in Property News
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Also tagged Affordable Housing, Annual Salary, Credit Histories, Customer Segment, Economic Situation, Financial Woes, Home Loans, Housing Market, Indian Population, Indian Scenario, Loan Entitlements, Repayments
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A number of Lucknow-based small builders are facing crunch due to the rise in inflation and increase in the interest rate by banks. After the real estate boom the city witnessed, a number of such builders joined the bandwagon. Moreover, they invested heavily in the projects. However, due to the recent downturn, they are forced […]
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Posted in Property News
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Also tagged Bandwagon, Constructions, Depreciation, Downfall, High Interest Rates, lucknow, Property Values, Raw Material, Residential Properties, Slowdown, Steel Prices
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Touted as a entrance to Rajasthan, Bhiwadi, falling in Alwar district and bordering Haryana is a key industrial growth centre in the NCR with over 2500 operational industries. Bhiwadi enjoys huge location advantage with IGI Airport, New Delhi, just fifty five kilo meter away and Gurgaon forty kilo meter away. Being close to Delhi and […]
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Posted in Property News
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Also tagged Bhiwadi, delhi, Gurgoan, Haryana, Housing Projects, Housing Scheme, Industrial Corridor, Manesar, Mumbai, Parsvnath, Real Estate Developers
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LUCKNOW, the ‘Shiraz of Awadh’ and ‘Constantinople of India’, as it is metaphorically called, is the capital of Uttar Pradesh. Located in what was historically known as the Awadh region, Lucknow has always been a multi-cultural city. The real estate sector is seeing hectic activity, with every major property developer operating in North India launching […]
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Posted in Property News
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Also tagged Aminabad, Ansal Api, Government Housing, Housing Schemes, Mall Culture, North India, Physical Infrastructure, Property Developer, Real Estate, Real Estate Consultants, Real Estate Sector, Residential Prices, Retail Markets, Shah Najaf
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SEBI has allowed mutual funds to launch real estate mutual fund (REMF) schemes, a move that will encourage investors to participate in and benefit from the real estate boom. Existing MFs can launch the REMF schemes, provided “…they have adequate number of experienced key personnel/directors,” Securities and Exchange Board of India (SEBI) said in a […]
Is the real estate boom finished? Have prices started to flatten out? Indian real estate is observing a much-needed cool-off. Without suspicion, realty prices are at their climax and a correction is expected. However, it would be wrong to expect a sudden crash. We guess the downward trend to be gradual and concentrated in definite […]
