As the Union Budget 2012-13 is already in news, city’s real estate industry also has expressed its expectations. Mainly revolving around increased subsidy on interest rate for loans towards affordable housing and industry status for taxation and construction and relaxation of FDI up to 51 per cent into multi-branding, the industry is hopeful of a […]
Tag: Home Loan Rate
Realtors still stuck in house of correction
November 3, 2008 – 12:01 am
The RBI’s rate cuts alone may not stimulate the sluggish residential market. Experts feel that developers may have to further cut prices to bring buyers back into the market. Meanwhile, as a result of drastic fall in home sales, higher capital and construction cost, most developers have reported decline in revenue in September quarter. “We […]
Property Investors Exit As Downturn Deteriorates
August 5, 2008 – 3:34 am
Rising interest rates, shrinking pool of home buyers and anticipated fresh supply of DDA flats has set off what could be termed as early signs of panic among real estate investors in Delhi and its suburbs. A large number of investors are wary of holding the property any longer and are turning it back to […]
