Tag: Chambers Of Commerce

Rate-cut campaign in full swing

The clamour for a fresh round of interest rate cuts has begun. Spooked by a sharp and sudden fall in industrial growth, industrialists and bankers said the time had come to cobble a credible stimulus package that would put the stuttering economy back on the rails. “Now is the time to immediately release the second […]

Assocham Predicts $21 Billion FDI In Real Estate Market

Despite the real estate market being confronted with a short-term depression as real interest rates hovered between 12 – 16%, the Associated Chambers of Commerce and Industry (Assocham) has projected a twenty one billion dollar spurt in foreign direct investment (FDI) in the real estate market in the next 10 years.

Impact Of Rising Interest Rates On Real Estate

Growing real estate prices are resulting in a decline in the demand for home loans. The rising interest rate is a additional factor. Even though Indian realty market is observing a compounding growth, owning a home is still a tough dream for a lot of middle class Indians. Previously (2002-2006), the trouble-free availability of home […]

ASSOCHAM for at least 3 SEZs in Goa

Margao, March 7 The Associated Chambers of Commerce and Industry of India requested the State government to reconsider its decision on Special Economic Zones and advocated creation of at least of three SEZs, in Goa. Three SEZs in bio and nano-technology, food processing and solar energy will help Goa attract investments up to Rs 50,000 […]

Assocham’s Study About Indian Real Estate

A study by Assocham (Associated Chambers of Commerce and Industry of India) says that Real estate sector is predicted to be the best beneficiary of private equity landscape in India. This study is titled as “Private Equity – The Money Tree”. This study says that Real estate sector has been giving average profit margins of […]