Articles in the Featured Category
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 …
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 …
As RBI indicates banks to provide support to big real estate firms, the troubled realty firms may soon be able to have a sigh of relief. According to a senior banker, the apex bank has recently …
Royal Institution of Chartered Surveyors from UK, a leading organisation of its kind in the world for professionals in property, land, construction, and related environmental issues, on 4 Dec. announced setting up of an institute for the real …
After launching mid-income houses, real estate companies are now targeting low-priced homes in the sub-Rs 10 lakh category to improve cash flows and beat the slump in the property market that has been driven by …
India’s worst terrorist attack in 15 years has caused Mumbai’s property market, already faltering in a slowing economy, to grind to a halt.
The market’s gone completely quiet,” said Shiv Kumar Dembla, a property broker who …
New Delhi based real estate firm Omaxe laid off 70 employees, while slashing 10 percent of the salaries from the rest. “Salaries of all employees except those who earn Rs.10, 000 or less a month …
