Tag: Sectors

Hope of Home Loan Relief Plan Extension by SBI

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 […]

Banks told to assess builders’ fund needs

India‚Äôs troubled realty firms may soon be thrown a lifeline, with the Reserve Bank of India indicating that banks consider providing support to large real estate companies. Recently, the regulator wrote to select banks telling them to assess the financial support given to builders and to finalize a workable solution, a senior banker said. The […]

NRIs stay away from investment in realty sector

Another blow of the global meltdown has been felt by the already bleeding realty estate industry. Non-Resident Indians (NRIs) are avoiding coming home this year and not investing in property, something that brokers look forward to every year. NRIs from across Punjab prefer investing in residential properties in and around Chandigarh, Jalandhar, Amritsar, Patiala and […]

Realty index slips 3.7%

With the domestic bourses taking cues from global markets, the realty stocks on Wednesday dipped 3.70% as bearish sentiments gripped the market. The realty index opened at 2,720.59 points and touched an intra-day low of 2,701 points in the first few minutes of trade. It was later quoting at 2,716.17 points, down 3.16%. Led by […]