Tag Archives: Realtors

RBI cuts repo rate might be good news for realtors

October 21, 2008 – 2:11 am

RBI has cut the repo rate by 100 bps to 8%. This is effective immediately. The Finance Minister, P Chidambaram said that the repo rate cut will help in moderating inflation. This is a positive move which will enthuse both borrowers and investors, Mr. Chidambaram added. The RBI’s move is consistent with the government’s aim [...]

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Tier III Cities Emerge As Next Promising Investment Option

September 12, 2008 – 5:50 am

With the property market tumbling in big cities like Bangalore, realtors are now shifting their focus to tier III towns. A total of 47,000 properties were registered in Shimoga during 2007-08 as against 33,000 in 2006-07. In Davangere, the corresponding numbers were 54,000 and 37,000, similarly with Gulbarga, Hassan, Tumkur, Bagalkot, Mandya and other tier-III [...]

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