Tag: Real Estate Firms

Finance Ministry Backs Up Realty Firms For Running Bank

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. […]

Banks Backing Off from lending to Commercial Realty

Due to the continuous oversupply of the commercial projects, the signs of pickup in demand in the sector seems becoming dull and thus banks are also backing out from lending to real estate firms. As compared to the residential sector, the demand growth of the commercial sector in past few months is much behind that […]

Realty Expects Some FDI Relaxation

April 28, 2010 Real Estate companies might experience some liberty and relaxation till where foreign capital is concerned. FDI, Foreign Direct Investment, might help real estate firms in raising the foreign money. It has been found through some sources that an ease in capitalization requirement is expected from the government for the realty companies which […]