Tag: Banking System

Indian real estate price can fall 60 to 70% from current levels in the next five years

The real estate sector in India may have seen its best time for the next several decades. The real estate markets now heads downward, as people cannot make their mortgage payments. OP Bhatt, chairman of State Bank of India (SBI), the country’s largest bank, expects 50% correction in the housing sector prices in the country. […]

TDI Infrastructure To Invest Rs 300 Crore

Real estate firm TDI Infrastructure plans to invest Rs300 crore in developing two township projects over the next 4-5 years. “In the next six months, we will be launching two residential townships in Indore and Meerut spread over 150 acres each. Once all regulatory issues are solved, we will start construction,” TDI Infrastructure Managing Director […]

Indian Real Estate-Changing Scenario

The propensity of property cancellation in the city has surpassed statistics of several other leading cities in the country. With almost 15% to 20% slide in the real estate demand across the country, the scene in Pune too is no different and developers have already started feeling the pinch. “The real estate market across India […]