The measures announced by RBI and government few days back seem inadequate for real estate to pull the sector out of the sales slump as well as the financial crunch.The RBI classified as priority sector loans by …
Unitech and Ansal Properties & Infrastructure are among the country’s real estate companies most at risk of collapsing due to rising debt and a drop in sales, Kim Eng Research said.Indian developers’ debt, including advances …
Ghulam Zia, National Director Research & Advisory Services, Knight Frank (India) Pvt Ltd says it’s best to wait for one year when asked about right time to buy a house. Here are some excerpts from the interview.
Why …
Mumbai based real estate developer, Lodha Group continues to set benchmarks in creating new categories in realty with the launch of CASA, a value sub-brand for the middle-income group home buyers. CASA’s first project, UNIVIS …
India’s real estate market bosses have rounded on the government, saying a new stimulus package is “highly inadequate”.Officials had earlier unveiled an extra $4 billion in spending over the rest of the financial year, while …
The Reserve Bank of India (RBI) may have relaxed norms for lending to commercial real estate by banks, but prudence in lending still tops the central bank’s agenda.
RBI has asked banks to be cautious about …
The Indian real estate sector took an unprecedented body-blow in 2008 but improper pricing and a faulty product mix were major stumbling blocks. There is still a huge demand for residential and commercial properties in many …
Real estate companies are happy over government’s move to ask banks to announce a separate package for borrowers of home loans in the affordable housing segment as part of the overall stimulus plan to revive …
SIDBI and NHB are being given liquidity support to the extent of Rs.7000 crore and Rs.4000 crore by RBI to provide liquidity support both SME segment as well as Housing Finance Companies (HFC). Loans have …
Confederation of Indian Industry is in the favour of restructuring of loan facility for retail borrowers to spur demand for consumer durables.“While the extension of restructuring guidelines to the real estate sector is welcome, there …
