Tag: Credit Crunch

Realtors may cut prices by 30%

DLF, Unitech and other real estate developers may lower prices by 30% by mid-2009 to nudge buyers out of their “wait and watch” stance, according to experts. The price cut, if implemented by the country’s builders will also push sales higher, especially of the affordable category, property consultants said. ”Many developers will come down on […]

Capital won’t be issue for big realtors

Fund-starved realtors may heave a sigh of relief. Banks are now considering loans to this sector on case-to-case basis, especially for those facing genuine liquidity problems. The move follows Prime Minister Manmohan Singh’s assurance to the industry that liquidity should not be a problem for companies having good fundamentals. Leading bankers have started asking developers […]

Real Estate Deals Down 57% Globally In 2008

The number of commercial property transactions has dropped off significantly in the past three months, according to a report by Real Capital Analytics – including in Asia. Macklowe, Fortress, Morgan Stanley, Aviva and GE are the world’s biggest sellers of real estate. Commercial property deals are down globally by 57% over the past year, with […]

Investors From China and India Take More Risks

Investors in rising markets such as China and India have a much greater desire for risky investments than their counterparts in developed markets, new research has shown. Wealthy investors in developing nations are more likely to increase the level of risk to their portfolio, with 43% of those in the United Arab Emirates, which contains […]