Tag Archives: Bank Loans

Buying home becomes affordable

January 5, 2009 – 4:27 am

The wish of millions of middle-class Indians to own a home remained just a pipe-dream as soaring prices and builders’ keenness to focus on exclusive gated communities shut them out of the market.
It could change because bank loans become cheaper. More middle-class Indians can hope to get a step on the housing ladder in 2009. [...]

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Realty companies look at alternative financial support

November 3, 2008 – 1:46 am

With banks reluctant to lend to the real estate sector, developers are looking at alternative instruments of funding such as lease discounting for completing ongoing projects, especially the commercial ones.
The sector, which has been hit by the global financial crisis, has seen more than a 60% fall in demand in the last six months, say [...]

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Monsoon Likely To Affect Real Estate

June 17, 2008 – 12:42 am

There is going to be a major price correction in the real estate market in the subsequent three months. Land owners and builders are holding on to the selling price of their properties due to the ongoing monsoon but post-monsoon, prices would nose-dive 15-20%. Builders and property consultants preach that monsoon season is considered to [...]

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