November 12, 2008 – 7:08 am
National Real Estate Development Council (Naredco) and the Confederation of Real Estate Developers’ Associations of India (Credai) has petitioned the Government to ease foreign direct investment and external commercial borrowing norms and formulate a policy for rescheduling of term or construction loans to facilitate the roll-over of existing debt.
The request has also to be seen [...]
By Rajani
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Posted in Real Estate News
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Also tagged Commercial Premises, Construction Development, Construction Loans, Credit Squeeze, External Sources, FDI, Indian Banks, Low Cost Housing, Monetary Policies, Ongoing Projects, Real Estate Developers, Rescheduling
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November 11, 2008 – 1:44 am
Bankers believe their strained home loan portfolios will see relief in the coming quarters, with interest rate cuts coming into force.
“We expect our home loan offtake to increase by 22 per cent y-o-y next quarter with the fall in interest rates,” said B.R. Pai, General Manager, Syndicate Bank. The bank, which has sixty-five hundred crore [...]
By Rajani
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Posted in Real Estate News
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Also tagged Bank Of India, Basis Points, Canara Bank, Confederation, High Interest Rates, Home Loans, Interest Rate Cuts, Liquidity, Loan Portfolio, Loan Portfolios, Loan Sales, Prime Lending Rates, Public Sector Banks, Real Estate Developers, State Bank, State Bank Of India, Syndicate Bank
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August 25, 2008 – 7:50 am
With the city’s real estate market being dominated by smaller and unheard of players whose actions could fright away prospective buyers, the bigger players are joining hands to give a professional touch to the realty business. “We need to bring in additional people who are properly trained agents. This can be achieved by having a [...]
By manish
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Posted in Real Estate News
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Also tagged Global Slowdown, International Experts, Joining Hands, New York University, Puravankara Projects, Puravankara Projects Limited, Real Estate Agents, Real Estate Developers, Real Estate Developers Association, Real Estate Sector, Realty Business, Realty Market, Research Expert, Research Specialist
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A day after HDFC chief Mr. Deepak Parekh stated that environmental clearances were leading to time delays and hence cost overruns in housing projects, industry body Confederation of Real Estate Development Association of India (CREDAI) has put a number to it.
CREDAI Secretary Rohit Raj Modi said that these add at least 10% to 15% to [...]
A lot of township development projects and designs of residential complexes in Kerala were displayed at a property show in Qatar which aimed at attracting investments from NRIs.
Kerala Property Expo in Doha is featuring about 50 builders. The show organized by the Kerala Builders Forum (KBF), is sponsored by HDFC bank and State Bank of [...]
By Rajani
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Posted in Real Estate News
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Also tagged Builders, Development Projects, Doha, Hdfc Bank, Investment, Kbf, Kerala, Property Expo, Residential Complex, State Bank Of India, Tourism Industry
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February 1, 2008 – 11:41 pm
Builders have demanded to remove the uneven tax structure for Information Technology SEZs and non-Information Technology SEZs similar to Information Technology Parks, Software Technology Parks and commercial complexes in this financial year’s budget. Builders took up this matter in a meeting with housing and urban poverty alleviation minister. Previously, the government had considered the option of [...]
By manish
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Posted in Real Estate News
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Also tagged Budget Builder, Budget Debates, Commercial Complexes, Confederation, Delhi Ncr, Indexation, Limitless Number, Long Term Capital, Long Term Capital Gain, Parks Software, Poverty Alleviation, Real Estate Developers, Real Estate Developers Association, Sezs, Software Technology Parks, Tax Rebates, Tax Structure, Term Asset, Uneven Tax, Urban Poverty
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