Tag: Home Loan Rates

Revival of Realty

March 21, 2010 – 3:47 pm

Indian real estate in the last few months has authenticated a reawakening enforced by a noticeable increase in the level of construction activity of low-budget housing coupled with low home loan rates. As researched by Boston Analytics, the Indian realty sector has undergone an increased supply and pace of development activity which brought an improvement [...]

By | Posted in Real Estate News | Also tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Comments (0)

Home buyers to return back

January 8, 2009 – 4:17 am

Home buyers could arrive back in the Indian real estate market in force after the Reserve Bank of India reduced rates and the cash-reserve ratio requirement. The bank slashed the repo rate by 100 basis points to 5.5% and the reverse repo rate to 4%. Officials also lowered the cash reserve ratio by 50 basis [...]

By | Posted in Real Estate News | Also tagged , , , , , , , , , , , , , , | Comments (0)

DLF freezes projects

November 18, 2008 – 4:34 am

The liquidity squeeze-induced slump in demand has forced real estate leader DLF to fire some employees, put a number of hotel and housing projects on hold and yearn for 7% home loan rates. “We must have laid off some employees somewhere,” DLF Chairman K P Singh told reporters on the sidelines of India Economic Summit, [...]

By | Posted in Real Estate News | Also tagged , , , , , , , , , , , , , , | Comments (0)

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 [...]

By | Posted in Real Estate News | Also tagged , , , , , , , , , , , , , , , , , | Comments (0)

Real Estate sector is in dire straits

November 1, 2008 – 3:27 am

The tight liquidity condition and the rise in interest rates have affected realty sector hard. Because of the RBI’s policy of discouraging banks in lending to real estate developers, the fund flow to the sector has dwindled. This might even force a number of units to close down. The construction sector, which is the second [...]

By | Posted in Real Estate News | Also tagged , , , , , , , , , , , , | Comments (0)

Cement Companies Affected Due To Real Estate Slowdown And Inflation

July 7, 2008 – 2:33 am

Higher input costs, low market valuations and scaled up capacity amidst reduced demand is likely to take its toll on the cement industry. The growth rate of the industry is projected to drop below 10 % for the current fiscal. According to a report by Edelweiss Research, weak fundamentals and mounting cost pressures are likely [...]

By admin | Posted in Real Estate News | Also tagged , , , , , , , , , , , | Comments (1)