Tag Archives: Low Cost Housing

Realtors look at ‘affordable’ flats for cash flows

December 5, 2008 – 1:57 am

After launching mid-income houses, real estate companies are now targeting low-priced homes in the sub-Rs 10 lakh category to improve cash flows and beat the slump in the property market that has been driven by high borrowing rates.
Unitech, the Delhi-based property major, has applied to the Haryana government to develop houses in the Rs 7 [...]

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Realty Sector demands ’stimulus package’

November 12, 2008 – 7:08 am

National Real Estate Development Council (Naredco) and the Confederation of Real Estate Developers’ Associations of India (Credai) has petitioned the Government to ease foreign direct investment and external commercial borrowing norms and formulate a policy for rescheduling of term or construction loans to facilitate the roll-over of existing debt.
The request has also to be seen [...]

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