Indian property prices are likely to fall by a quarter in the coming year as the global economic crisis saps homebuyer confidence, adding to the problems of capital-strapped developers.
A property market boom has been waning …
Peninsula Land Ltd aims to expand in cities other than Mumbai, where it already has a presence, even as its priority will be to complete its existing projects in the business capital, a top official …
Mr. Rohtas Goel, Chairman of Omaxe and also president of Naredco mentioned that ”Realty prices in NCR have already fallen by 20-40%. For example: Appartments selling for Rs. 5000 per sq ft in Gurgaon now cost only …
Indiareit Fund Advisors Pvt Ltd, a real estate fund manager promoted by $1.8 billion Piramal Enterprises, said it will raise an offshore fund worth $300 million. The fund will be used to finance real estate …
INDIA’S struggling real estate sector is set to come under further pressure in the coming weeks as the Reserve Bank of India (RBI) has made it tougher for banks to ‘restructure’ loans, forcing them to …
Indian real estate developers are expected to cut prices by 30% and more over the next three to six months. At a recent TiE-Indian Angel Network, summit in the capital, industry players including real estate …
Housing Development Finance Corp., India’s biggest mortgage provider, has dodged the bad loans that plagued banks in the U.S. and Europe and plans to increase lending more than 20 percent this fiscal year, said Managing …
The global economic slump and downturn in the real estate hasn’t deterred Morgan Stanley Real Estate from going ahead with its India plan. It’s planning to invest an additional $1 billion over the next five …
Real estate player Unitech has raised around Rs 200 crore through monetisation of assets and internal restructuring within the group to pay back the 45-day debt to Indiabulls Financial Services (IBFSL). The deadline to pay back the …
Finance minister P Chidambaram assured real estate developers that government will impress upon banks to accelerate lending to realty, which is facing one of the worst slowdown in the recent times. A delegation of builders …
