Tag: Cement

Housing sector is back on track

Real estate industry has started showing the signs of recovery. Effect of recovery will be shown in coming quarter. These are not baseless talks. Launching of new projects at low interest rates is the main reason behind the increase of sales inquiries. Specially, the term ‘affordable housing’ is attracting middle class families to fulfill their […]

Banks want RBI to ease realty NPA norms

In a bid to avoid classifying advances to troubled real estate companies as bad loans, banks have urged RBI to put in place a uniform norm for restructuring debt to realty companies. As of now, the moment a loan extended to real estate, capital market or personal loan segment is restructured; the lender has to […]

Realty registration on decline in Pune

PUNE: On April 10, the Promoters and Builders Association of Pune (PBAP) pronounced that property prices in the city would be hiked by Rs50-400 per square foot from April 20 onwards, giving potential buyers ten days to take benefit of the then existing rates. But the buyers rejected to take the bait and sales are […]