In its upcoming mid-term appraisal, the Planning Commission is likely to introduce couple of new schemes for real estate sector so that it acquires a priority status at times of meltdown and provide for “affordable housing”. Announcing this at the ASSOCHAM National Conclave on Threat Before Real Estate Sector – What are Solutions? held here […]
Tag: Indian Economy
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 […]
Perfect time to innovate real estate
January 5, 2009 – 4:27 am
After a long run, Indian real estate sector has begun to show signs of slump. In fact, the present changes that Indian economy and real estate sector is going through can also been seen as the test of the resilience of the economy and our real estate sector. In fact, real estate sector is a […]
JP Morgan plans to invest 1 bn dollars
December 9, 2008 – 1:03 am
JP Morgan India Pvt. Ltd. is working on a plan to invest 1 bn dollar in multiple industrial sectors in India. Kalpana Morparia, JP Morgan India’s chief executive officer, recently revealed that the company has invested nearly 500 mn dollar from the fund in 4 sectors of the Indian economy – real estate, infrastructure, manufacturing […]
UK property investors look to India
May 29, 2008 – 5:05 am
As property prices continue their downward spiral in Britain, investors here are looking to India, which is increasingly seen as a hotspot due to rising real estate prices across the country. Every week, leading mortgage lenders and estate agents publish figures of declining prices, higher number of houses on the market, fewer buyers and smaller […]
BJP will Advise The Government For Real Estate Regulatory Authority
February 23, 2008 – 6:42 am
NEW DELHI: The BJP will represent to Prime Minister Manmohan Singh, now the need for setting up the Real Estate Regulatory Authority, in order to prevent fly-by-night builders from cheating innocent people, who put in their lifetime earnings into their dream house project.
