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 […]
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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, Liquidity Crisis, Lok Sabha, Manmohan, Manmohan Singh, Prime Lending Rate, Prime Minister Manmohan Singh
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November 28, 2008 – 10:56 am
India’s economic growth declined to 7.6% for the second quarter of this fiscal, leaving industry with the hope that policy measures taken over the past month will avert a further fall and help revive manufacturing. The country’s growth was 7.9 percent during the first quarter of the fiscal (April-June) and 9.2% during the second quarter […]
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Posted in Real Estate News
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Also tagged Applied Economics, Bank Of India, Central Statistical Organisation, Current Fiscal Year, Delhi School Of Economics, Economic Depression, Economics Research, Finance Minister, Fiscal Year Ending March, Global Economic Slowdown, Indian Economy, Manmohan Singh, P Chidambaram, Policy Measures, Prime Minister Manmohan Singh, Rbi Governor, Reserve Bank Of India, Sri Ram, Subbarao
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November 8, 2008 – 1:29 am
Fund-starved realtors may heave a sigh of relief. Banks are now considering loans to this sector on case-to-case basis, especially for those facing genuine liquidity problems. The move follows Prime Minister Manmohan Singh’s assurance to the industry that liquidity should not be a problem for companies having good fundamentals. Leading bankers have started asking developers […]
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Posted in Real Estate News
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Also tagged Business Challenges, Credit Crunch, Director Finance, Liquidity Problems, Manmohan Singh, Market Situation, Public Sector Banks, Real Estate Developers, Real Estate Developers Association, Real Estate Sector, Revenue Streams
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