Tag: Sentiment

Government plans another package for real estate

Government is planning another round of home loan package to make purchase of a house within the reach of middle class. PSB announced a home loan rate-cuts for homebuyers, a week ago. But, it was found that the package was far from expectations of both the public and developers. In that package, home loan up […]

Developers in the metropolis plan to target NRI buyers

Real estate developers in the metropolis plan to target NRI buyers, primarily in the UAE, in a bid to push up their sales, affected in recent times by high prices and adverse sentiment, a senior industry official said. “With the Rupee depreciating via-a-vis the dollar, NRI buyers stand to gain by around 20%. Prices too […]

Realtors shift focus to budget housing

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 […]

Real Estate Growth Slows Down After Boom

Property is a lifetime investment. When a person makes decision to buy a house, he/she thinks for the market price of that locality and the existing rate trend. If we talk about the scenario these days, sales of real estate have crashed but prices have not come down considerably. Further downside is projected which will […]