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 [...]
November 16, 2008 – 11:54 pm
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 [...]
By rajani
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Posted in Property News
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Also tagged Bank Of India, Banks, Bonanzas, Capital Values, Electricity Bills, Festive Season, Free Cars, Gold Coins, Home Loan Interest, Home Loan Interest Rates, Loan Interest Rates, Loans, Market Meltdown, Market Mood, Measures, Moderate Level, Property Boom, Property Developers, Real Estate Sector, Reserve Bank Of India, Risk Weights, Rupee Exchange Rate, Slowdown, Stamp Duty, Worldwide Financial Crisis
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November 14, 2008 – 3:43 am
Declining sales, high interest rates, paucity of funds and global economic slowdown have badly impacted the real estate sector which is witnessing not only sudden slump in demand but also is at the receiving end in the stock market.
Freebies in the shape of luxury sedans, offers of foreign trips, 15%-20% discount or deferred payments have [...]
By rajani
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Posted in Property News
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Also tagged Affordable Housing, Deferred Payments, Fears, Fillip, Freebies, Global Economic Slowdown, High Interest Rates, Hurdle, Luxury Sedans, Managing Director, Paucity, Pradeep Jain, Real Estate Sector, Recession, Scarcity Of Land, Sentiment, Slump, Stock Market, Target, Tier II
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Fearing a supply glut in the housing and commercial property markets, real estate companies are pinning hopes on the booming hospitality sector.
It’s not that the trend has just set in. It has certainly gained momentum of late, with practically every developer announcing hospitality projects.
By rajani
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Posted in Property News
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Also tagged Amp, Commercial property, DLF, Hospitality Project, Hospitality Sector, Hotel Industry, Market, Parsvnath Developers Ltd, Purvankara Projects, Real Estate Companies, Real Estate Sector
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AHMEDABAD: After pitching ‘Brand Amdavad’ at home, Amdavadi realtors are now cementing plans to hard sell Amdavad realty to non-resident Gujaratis (NRGs) right at their doorway.
For the Gujarat Institute of Housing and Estate Developers (GIHED) has joined hands with the Association of Indian Americans in North America (AIANA) to host their first international property show [...]
