Tag: Realty Stocks

Realty stocks in demand on special home loan plan

Realty stocks gathered momentum Monday on media reports that state-run banks will unveil special home loan plans as part of the federal government’s stimulus package. Under the package to be announced by the Indian Bank Association, housing loans up to Rs 500,000 will be priced at 8.5%, and borrowers in the 5-20 lakh category will […]

Indiabulls leads ‘A’ group

Real estate developer Indiabulls Real Estate soared 27.65% to Rs 136.90, as realty stocks extended gains on hopes cut in lending rates will spur demand for residential properties. The scrip topped gainers in BSE’s ‘A’ group shares. The Reserve Bank of India, on 20 October 2008, cut the repo rate, by 100 basis points to […]

Realty Investors Begin To Challenge Builder Rates

According to experts, the killing in stock markets, where realty stocks have taken a beating along with the rest, may speed up the slowdown in the real estate market over the next six months. Balaji Rao, managing director, Starwood Capital India Advisers, said, “The market is already slowing as high property prices have affected sales”.

Realty Scrips Have A Long Way Ahead To Recovery

For all the talk about a slowdown in the economy, real estate prices in most parts of the country have not corrected as much as most prospective buyers would have liked them to. But, shares of most real estate companies are not finding any takers even after falling nearly 50% from their record highs in […]

RBI’s judgment has spooked real estate cos

MUMBAI: The Reserve Bank of India’s (RBI) assessment not to slash interest rates has spooked real estate business facing the brunt of a housing business slowdown caused by the high cost of mortgage financing. RBI, on Tuesday, decided to keep interest rates unchanged in its third-quarter monetary policy review. Real estate companies were expecting a […]

Foreign Direct Investment might show sharp growth

Real estate is expecting $400-500 million worth of FDI flow. These expectations are being guided by the going on trends in investment industry. Investors and developers are showing their interests in metros as well as in smaller cities too. Investments are going on in Bangalore, Delhi-NCR, Mumbai and Pune because of the high demands. On […]