Tag: Housing Finance Companies

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 [...]

By rajani | Posted in Property News | Also tagged , , , , , , , | Comments (0)

Freebies fail to attract home buyers

October 23, 2008 – 5:38 am

Home buyers appear to be waiting for a ‘crash’ in realty prices. Offers such as, waiver of stamp duty and registration charges, free lifestyle home or modular kitchen and free parking, have failed to boost home sales.
Unless developers are willing to reduce prices by at least 25-40% to affordable levels, home buyers are likely to [...]

By rajani | Posted in Property News | Also tagged , , , , , , , , , , | Comments (1)