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Tag Archives: Stamp Duty

Developers in the metropolis plan to target NRI buyers

November 24, 2008 – 7:01 am

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 have [...]

By Rajani | Posted in Property News | Also tagged Aim, Bhk, Buying A Home, Depreciation, Few Days, Housing Industry, Mchi, Metropolis, Nri Buyers, Permanent Residents, Price Decline, Real Estate Developers, Rs 40, Rs 50, Rupee, Sentiment, Suburb, Uae, Zubin Mehta | Comments (0)

Why will banks lend more to realtors in times of accelerating slowdown?

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 | Posted in Property News | 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, Realtors, Reserve Bank Of India, Risk Weights, Rupee Exchange Rate, Slowdown, Worldwide Financial Crisis | Comments (0)