Tag: Inflation

Realty Prices To Further Shoot Up

July 9, 2010 – 8:31 am

nIt is very likely that the Real Estate prices in the country will shoot up further with the Finance Ministry’s decision of not withdrawing 2.5% service tax. This move was proposed by the Urban Development Ministry in the budget of FY10-11. The budget had earlier proposed this tax on all under-construction projects. And it is […]

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

CRR cut infuses liquidity in Indian market

October 15, 2008 – 12:05 am

Leading real estate players are optimistic about the RBI’s move to cut CRR and believe that this will help the flow of funds in the realty sector, enabling faster execution of projects. The CRR cut can also influence the boost of the realty market, provided there is a decrease in interest loans. Mr. Pradeep Jain, […]

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

Inflation Affecting Real Estate Prices

August 7, 2008 – 1:22 am

With inflation touching 12.98%, realtors here are finding it difficult to hold their price line and plan to increase rates for residential units by Rs 100-500 per sq ft later this month. According to Confederation of Real Estate Developer’s Associations of India (Credai) Bengal, there has been a 25% increase in the construction cost of […]

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

Banking And Realty Stocks Likely To Feel The Heat

July 30, 2008 – 6:35 am

RBI decisions to hike two key policy rates are expected to affect stocks of companies from sectors like banking & financial services, and real estate more than any other sector since these sectors are more vulnerable to higher interest rates than others . However, given that most stocks from these sectors are already badly hammered […]

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

Impact Of Interest Rate On Real Estate And Housing Loan

June 27, 2008 – 6:08 am

Indian real estate firms expect a hit on margins for the next few quarters as the central bank’s move to raise interest rates this week will push up costs and keep potential buyers away from the market. Developers, already facing a demand slowdown, have refused to lower the price line as they seek to make […]

By | Posted in Property News | Also tagged , , , , , , , , , , | Comments (2)