November 29, 2008 – 12:06 am
Rating agencies and foreign investors do not see any impact on the prospects of the economy because of terror attacks in the financial capital. The meltdown in the global financial markets is still a larger concern.
Past experience has shown that markets have reacted only temporarily to such extraordinary events. Although some reports do not make [...]
November 13, 2008 – 6:50 am
Indian real estate market associations are ramping up pressure on the government to produce a “stimulus package” to help the sector.
Groups like the National Real Estate Development Council (Naredco) are petitioning for new measures to make it easier for foreign property investment firms to buy in India.
Hindu Business Line also reports politicians are being asked [...]
October 22, 2008 – 5:16 am
According to HDFC chairman Deepak Parekh, lending rates would ease only after deposit rates come down, which will take some time to happen. The statement comes at a time when most people hoped that banks would start lowering their lending rates, following the recent repo cut by the Reserve Bank of India (RBI).
Welcoming the liquidity [...]
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) [...]
By manish
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Posted in Real Estate News
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Also tagged April, Chennai, Commercial Real Estate, Consumers, Corporations, Cushman Wakefield, Economic Slowdown, Ncr, Real Estate, Real Estate Sector, Real Estate Services, Rental Values
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India is taken as the one of the fastest rising economy in the world and in this present economic status, real estate has appeared as one of the most beneficial investment sectors for domestic as well as overseas investors. The economy and the real estate sector in particular are high on its ride to prosperity.
February 21, 2008 – 3:41 am
SBI has decided to cut the home loan repayment rate. After going up for months, EMIs are set to come down. This follows a decision by four public sector banks, led by SBI, to cut their prime lending rates further by 0.25% to 0.50%. SBI’s new PLR will be 12.25%, effective from February 27. Canara [...]
By Rajani
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Posted in Real Estate News
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Also tagged Bank Of India, Borrowers, Canara Bank, Car Loans, Home Loans, Inflation, interest rates, Loan, Public Sector Banks, Repayment Rate, Sbi, Union Bank
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