RBI decisions to hike two key policy rates are expected to affect stocks of companies from sectors like banking & financial services, and real estate more than any other sector since these sectors are more vulnerable to higher interest rates than others . However, given that most stocks from these sectors are already badly hammered [...]
By Rajani
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Posted in Property News
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Also tagged Allahabad Bank, Auto Sector, Excessive Speculation, Home Loan Rates, Inflation, Interest Rate, Money Interest, Real Estate Sector, Religare Securities, Silver Linings, Slowdown, Stockbroking, Stocks Market, Union Bank, Union Bank Of India
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The down ward trend of real estate market price is going down, the housing finance is facing a squeezed condition. Now the Banks have increased the contribution limit of the developers from 25% to 30%.
With the correction of prices in the real estate sector, commercial banks have become choosy in lending. They have become more [...]
By manish
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Posted in Property News
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Also tagged Apex Bank, Commercial Banks, Commercial Real Estate, Finance Market, Finance Rate, Housing Finance Market, Immovable Property, Prudential Norms, Real Estate Sector, State Bank, State Bank Of India
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Many NRIs and Persons of Indian Origin (PIO) want to invest in India, both commercial and residential properties. NRIs and PIOs also plan to buy such properties as an investment, and rent them out to earn a secure income stream.
This article talks about various rules and restrictions related to such purchases. It also clarifies the [...]
By manish
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Posted in Property News
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Also tagged Apartment House, Immovable Property, Indian Origin, Nre, NRI, NRIs, Nro, Pan Number, Pios, Property In India, Property Inheritance, Reserve Bank Of India, Residential Apartment, Residential Properties, Stamp Duty
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Indian real estate firms expect a hit on margins for the next few quarters as the central bank’s move to raise interest rates this week will push up costs and keep potential buyers away from the market.
Developers, already facing a demand slowdown, have refused to lower the price line as they seek to make up [...]
By manish
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Posted in Property News
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Also tagged 100 Basis Points, Demand Slowdown, Housing Loan, Inflation, Interest Rate, Interest Rates, Managing Director, Quarters, Real Estate, Reserve Bank Of India, Ubs
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February 16, 2008 – 5:48 am
MUMBAI: Home loan and consumer durables loan borrowers could look forward to softer interest rates. Following the reduction in the cost of funds, banks are reviewing the interest rate structure, according to the Indian Banks’ Association (IBA).
Speaking to the media after the managing committee meeting on Friday, IBA CEO H N Sinor said, “Banks are [...]
By manish
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Posted in Property Investment, Property News
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Also tagged Axis Bank, Bank Of Maharashtra, Canara Bank, Durable Loans, Home Loan, Home Loans, Incremental Credit, Indian Banks Association, Mortgage Loans, Sinor, State Bank Of India, Union Finance Minister
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January 30, 2008 – 1:10 am
MUMBAI: The Reserve Bank of India’s (RBI) assessment not to slash interest rates has spooked real estate business facing the brunt of a housing business slowdown caused by the high cost of mortgage financing. RBI, on Tuesday, decided to keep interest rates unchanged in its third-quarter monetary policy review. Real estate companies were expecting a [...]