Tag Archives: Property Boom

Lenders force builders to start selling

October 20, 2008 – 6:03 am

MUMBAI:Financiers have started talking tough with Indian property firms in trying to salvage the money they had lent. “Sell-before-it’s-too-late” is a point that some of the big lenders are driving home, while a few overseas funds which had committed equity investments in tranches have gone into arbitration to wriggle out of the promise.
Most builders were [...]

By Rajani | Posted in Real Estate News | Also tagged , , , , , , , , , , , | Comments (0)

Wait and watch before investing

March 28, 2008 – 3:13 am

An international real estate agent Knight Frank predicts that the Indian property boom which lasted for the majority of 2007 is likely to continue into 2008, but it could be tempered by the credit crunch. For the same reason he advising buyers to “wait and watch for a month” before deciding to invest.

By manish | Posted in Real Estate News | Also tagged , , , , , , , , , , , , , | Comments (2)