Tag: Credit Crunch

RBI cuts repo to help Real Estate

December 8, 2008 – 2:08 am

In order to assist real estate companies tide over the current credit crunch and weak demand, RBI has cut repo and reverse repo rate by hundred bps each on Saturday and allowed restructuring of commercial real estate loans up to June 30 next year. The loans granted by banks to housing finance companies with a […]

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

November 10, 2008 – 12:22 am

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. […]

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Slowdown In International Real Estate Transactions

July 23, 2008 – 7:10 am

Credit crunch and economic uncertainty have taken their toll on the global property market, with transaction volumes falling by 46% in the first quarter, according to a property report. Investment throughout Asia and other emerging markets continued to grow, as sales of major commercial properties globally totaled $154 billion (Dh565bn) in first quarter against $283bn […]

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HDFC Will Organize India Homes Fair

June 23, 2008 – 5:12 am

Buoyed by an exciting real estate market, investors in Britain increasingly prefer India for investment looking for higher profits on the back of a slowdown in Britain’s realty market. Navyroof.Com, a company that emphasizes investment prospects in the most upcoming areas of India to the UK investors, Managing Director A. Fassnidge said: “All the economic […]

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India Is At 3rd Position In Realty Returns

February 2, 2008 – 4:27 am

NEW YORK: There is a very well-built interest in China and India but US real estate maintains at top of the worldwide property market ventures among foreign investors, according to the annual review by the Association of Foreign Investors in Real Estate (AFIRE). There is a meaning in the findings since Washington-headquartered AFIRE always finds […]

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