December 19, 2008 – 1:27 am
Existing floating home loan customers groaning under high interest rates can look forward to a more cheery New Year. After setting interest rates at 9.25% for new home loans between Rs 5 lakh and Rs 20 lakh, rates for existing home loans will be reduced as the PLR (prime lending rate) comes down.
Home minister P [...]
By Rajani
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Posted in Real Estate News
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Also tagged Economic Reasons, Economic Situation, Emis, Existing Home, Finance Portfolio, General Elections, High Interest Rates, Home Loans, Home Minister, Lok Sabha, Manmohan, Manmohan Singh, Prime Lending Rate, Prime Minister Manmohan, Prime Minister Manmohan Singh
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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, but [...]
By Rajani
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Posted in Real Estate News
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Also tagged Developers., Economic Summit, Estate Leader, High Interest Rates, Home Loan Rates, Hotels, Housing Projects, india, interest rate, K P Singh, Real Estate, Sidelines, Slump, Specifics, Supply And Demand
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November 18, 2008 – 3:44 am
The global economic slump and downturn in the real estate hasn’t deterred Morgan Stanley Real Estate from going ahead with its India plan. It’s planning to invest an additional $1 billion over the next five years and has recently formed a large team for Indian operations.
These investment plans—the company had earlier invested about $750 million [...]
By Rajani
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Posted in Real Estate News
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Also tagged Asset Management Division, Commercial Investment, Financial Institutions, Global Real Estate, Growth Opportunities, Indian Operations, Institutional Ownership, Interim Head, Investment Transactions, Management Expertise, Morgan Stanley, Morgan Stanley Real Estate, Real Estate In India, Retail Facilities, Subprime Mortgage Crisis
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October 21, 2008 – 6:20 am
Shares of Indiabulls Real Estate surged over 22% to Rs 131.15 on BSE Tuesday, while Indiabulls Financial Services climbed over 7% to Rs 105.60 after the company assured of not having any non-performing loan in its portfolio.
The financial services company reported a net profit growth of 21.4% to Rs 136 crore for the second quarter [...]
By Rajani
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Posted in Real Estate News
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Also tagged BSE, Central Banks, Financial Services Company, Indiabulls Financial Services, Loan Portfolio, Loan Repayments, Loans, Market Sentiment, Profit Growth, Real Estate, Realty Stocks, Shares, Television Channel
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