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, Chairman- [...]
By rajani
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Posted in Property News
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Also tagged Crr, Interest Loan, Interest Loans, Leading Real Estate, Liquidity, Omaxe, Parsvnath, Pradeep Jain, Rbi., Real Estate, Realty Market, Rohtas, Slr, Vipul
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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 residential [...]
By rajani
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Posted in Property News
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Also tagged Construction Cost, Credai, Direct And Indirect Taxes, Estate Space, Prime Minister Manmohan Singh, Real Estate Developer, Registration Charges, Residential Buildings, Residential project, Residential Units, Rungta, Stamp Duty, Steel Companies, Steel Makers, Steel Prices, West Bengal
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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 rajani
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Posted in Property News
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Also tagged Allahabad Bank, Auto Sector, Bank Of India, Excessive Speculation, Home Loan Rates, Interest Rate, Money Interest, Real Estate Sector, Religare Securities, Silver Linings, Slowdown, Stockbroking, Stocks Market, Union Bank, Union Bank Of India
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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 up [...]
By rajani
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Posted in Property News
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Also tagged 100 Basis Points, Bank Of India, Demand Slowdown, Housing Loan, Interest Rate, Interest Rates, Managing Director, Quarters, Real Estate, Reserve Bank Of India, Ubs
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