Satyam Computer Services chairman B Ramliga Raju, Maytas Properties promoter Rama Raju and Maytas Infra Vice chairman B Teja Raju has lost nearly 597 croredue to fall in the stock value of Maytas and Satyam on …
The Reserve Bank on Wednesday said that it is imperative for banks to manage balance sheet risks associated with real estate exposure.
This becomes important “particularly in the current scenario of slowdown in the economy with …
The real estate sector in Bangalore, affected by the recession, is in a dreadful situation. A sector that was riding high on the economic boom till recently finds itself grounded by the economic slump. This …
Real-estate companies are planning to ask the Government to buy out their unsold flats at current market prices and sell these at a later date. The proposal floated by one of the big Delhi-headquartered and …
Shares of India’s fourth largest information technology company, Satyam Computer Services, plunged on Wednesday as angry investors dumped the stock over its aborted attempt to buy companies controlled by the chairman’s family.
Satyam abruptly cancelled the …
Billed as the leading event of the Gulf Region, the First Annual Gulf Real Estate Fundamentals Conference 2008 (GRE), leading investors and developers from various countries around the world got together at Bahrain to discuss …
India’s state-run banks will offer loans at lower rates to home seekers borrowing as much as 2 million rupees ($41,600) to boost demand, O.P. Bhatt, chairman of State Bank of India, said today.
State-run banks will …
More than 80 per cent of India borrows home loans that are below Rs 20 lakh and it is this segment in the Tier II and Tier III cities that stands to gain after today’s …
During the last six months, the home loans in the above Rs 75 lakh segment witnessed an average growth of 15-20% thanks to the young high networth individual (HNI) population liking for the high-end property. …
Recent downfall in Indian real estate has made many Non-Resident Indians (NRIs) to rethink their property investment plans in India. There has been a drop of 50-60% bookings by the NRIs over the last three months …
