Tag Archives: House Prices

RBI makes recast of realty loans tougher

November 20, 2008 – 8:06 am

India’s struggling real estate sector is set to come under further pressure in the coming weeks as the Reserve Bank of India (RBI) has made it tougher for banks to ‘restructure’ loans, forcing them to cut house prices or risk being starved of bank funding. Banks often resort to restructuring loans — a practice aimed [...]

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

British Realty Aiming Indian Investors

August 7, 2008 – 11:57 pm

British realty developer The Berkley Group is aiming Indian investors with its two exclusive London properties in the price range of Rs 2-8 crore per flat. It has coupled with global property consultant Jones Lang LaSalle Meghraj (JLLM), which sees investment by wealthy Indians in British residential properties growing up to 15 billion pounds by [...]

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