Tag Archives: Economic Slowdown

Real Estate Firms Look At Diaspora

In these times of economic slowdown, Indian companies, especially real estate firms, are looking at diaspora in the Middle East for investment.
The government kick-started a series of “investment meets” last week in Muscat that had major Indian firms hard selling India’s economic stability to the diaspora.
The Muscat meeting, held under the aegis of the overseas [...]

Save money by shifting home loan to public sector banks

The Indian government is trying hard to bring down the interest rates in order to counter the economic slowdown. Indian finance minister, Mr. P. Chidambaram, met with heads of private as well as PSU banks and advised them to lower lending rates.
Expectedly, several public sector lenders were first to follow the advise. SBI have lowered [...]

Slowdown In The Real Estate Due To Slowdown Of The Economy

The general economic slowdown has started impacting the commercial real estate sector as was obvious by slower uptake during the April-June period of the year.
During the period, commercial real estate demand was only at 9.74 million square feet as against the supply of 18.07 million sq.ft, commercial real estate services firm Cushman & Wakefield (C&W) [...]

HDFC Property To Buy Into Nitesh Mall

HDFC Property Ventures is investing $20-25 million into South India’s largest central business district (CBD) mall developed by Nitesh Estates in Bangalore. The move probably marks the $900-million HDFC Property Ventures’ foray into retail infrastructure in a rather tight-market environment.
HDFC Property Ventures will pick up around 20-25% stake in the 6-lakh sq ft Nitesh Mall, [...]