Real estate India will gain a boost from the Finance Ministry of India. With the plan to provide bank loans to the real estate players with halted project the Finance Ministry aims to lift them up. Finally real estate has some good news from the Finance Ministry. Reliable sources reveal that the ministry had talks […]
Tag: National Housing Bank
Chennai leads Indian Real Estate Sector.
March 30, 2012 – 3:57 pm
In a recent report, property broking and real estate consulting firm Jones Lang LaSalle said the Indian property market is poised to attract about US$3 billion, almost double last year’s US$1.6 billion, from overseas buyers this year. The Indian property market will see more investment from overseas this year as it still remains an attractive […]
It’s time to fulfil sweet dream for Hyderabad Residents.
March 27, 2012 – 8:50 pm
“Yes, there has definitely been a drop in prices by 5-8% in Hyderabad. But if one asks for the drop in real estate prices in Hyderabad for the year 2011, one has to look at it more as a necessity of investors to postpone their purchases due to the unstable political situation prevalent last year […]
NHB Residex to cover cities with over 1 million population
September 7, 2009 – 1:52 pm
National Housing Bank (NHB) aims to cover all cities with population of over one million under its NHB Residex, which is the country’s first official residential property price index. Currently, the NHB Residex gives relative movement of residential property prices in different localities in fifteen cities. According to Mr S. Sridhar, Chairman of NHB, “By […]
RBI works to boost up market
January 3, 2009 – 5:30 am
Unveiling the package moments after the Reserve Bank of India slashed its key policy rates, the government said it was preparing to recapitalise state-run banks to the tune of twenty thousand crore rupees over the next couple of year to ensure the banking system does not suffer from capital adequacy constraints. Speaking on the actions, […]
Assocham ask RBI to increase cap
December 11, 2008 – 2:17 am
ASSOCHAM ask RBI to increase the cap on priority sector home loans from Rs 20 lakhs to Rs 40 lakh. The industry body asks RBI to raise the limit in at least the metro cities including Delhi, Mumbai, Chennai and Kolkata as the property prices are increasing at a faster pace in these places. Assocham […]
Realtors say, Just in time
December 8, 2008 – 5:59 am
Real estate companies have welcomed the government’s move to ask banks to announce a separate package for borrowers of home loans in the affordable housing segment as part of the overall stimulus plan to revive demand in the economy. “We welcome various measures announced today by the government in its economic stimulus package. These measures […]
