Real Estate Developers Have High Hopes from Budget 2010
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Mon, 15/02/10 – 16:27 | No Comment

Developers are re-calculating the upwards swing in the real estate industry, especially housing, provided Government pays special attention the sector. Various developers voice their expectations from Budget 2010.
AVNISH AGRAWAL, DIRECTOR, MERITON GROUP- Talking from common …

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Articles tagged with: HDFC

SBI Chairman Defends 8% Home Loan scheme
Monday, 18 Jan, 2010 – 12:13 | No Comment
SBI Chairman Defends 8% Home Loan scheme

The latest ‘teaser’ from the Reserve Bank of India hasn’t amused Om Prakash Bhatt, chairman of State Bank of India, the bank that pioneered limited-period soft terms for home loans. “I don’t know what the …

Deepak Parekh to Relinquish his Position as HDFC CEO on December 31
Sunday, 6 Dec, 2009 – 16:10 | No Comment
Deepak Parekh to Relinquish his Position as HDFC CEO on December 31

After being at the helm of home loan major Housing Development Finance Corp (HDFC) for about 16 years, Deepak Parekh will relinquish his position as CEO on December 31. Keki Mistry, currently the V-C and …

Check before investment
Wednesday, 9 Sep, 2009 – 9:18 | No Comment
Check before investment

Is this the right time to invest in real estate sector? Besides ones personal situation, the external factors that influence this decision are real estate prices and interest rates.
On the interest rate front, market signals …

Realty regulator is needed
Thursday, 13 Aug, 2009 – 15:17 | No Comment
Realty regulator is needed

HDFC chairman Mr. Deepak Parekh said that there is need of real estate regulator at state level to deal with issues concerning the housing sector. He pointed out that the Government should layout an institutional framework for …

25% Upswing in India’s Housing Market
Wednesday, 8 Jul, 2009 – 9:26 | No Comment
25% Upswing in India’s Housing Market

Activity levels are gaining traction in the near moribund housing market as a flurry of interest rate cuts, price drops and the building industry’s focus on affordable housing start to lure buyers back into the …

HDFC rate cut to benefit 9 lakh home loan borrowers
Monday, 27 Apr, 2009 – 12:21 | No Comment
HDFC rate cut to benefit 9 lakh home loan borrowers

Mumbai, March 24: HDFC — the country’s largest housing finance company — has cut its retail prime lending rate (RPLR) by 50 basis points. The rate cut will benefit its nine lakh home loan borrowers …

Indian Property Recovery Hinges on Lower Rates: DLF
Friday, 21 Nov, 2008 – 10:36 | One Comment
Indian Property Recovery Hinges on Lower Rates: DLF

India’s biggest real estate developer, said a recovery in the property market in the next six months hinges on lower home-loan rates to lure first- time buyers.
“Mortgage rates in India are at 12 percent to …

HDFC Avoids Subprime Folly With $30,000 Mortgages, Strict Rules
Thursday, 20 Nov, 2008 – 10:18 | No Comment
HDFC Avoids Subprime Folly With $30,000 Mortgages, Strict Rules

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 …

HDFC India Homes Fair Property Show
Friday, 7 Nov, 2008 – 20:29 | No Comment
HDFC India Homes Fair Property Show

India Homes Fair Property Show …

HDFC Funds Look At Troubled Realty Projects
Tuesday, 14 Oct, 2008 – 12:25 | No Comment
HDFC Funds Look At Troubled Realty Projects

Chairman Deepak Parekh said that the property funds of Housing Development Finance Corp (HDFC) and its asset management unit have more than $1 billion of available funding and will look to buy distressed real estate …