Tag Archives: Repo Rate

Indiabulls leads ‘A’ group

October 22, 2008 – 5:09 am

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 8%, [...]

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

Impact Of Rate Hike On Real Estate

July 30, 2008 – 6:43 am

Real estate companies observes their cost of borrowing rising by 1% age point as the central bank has increased the repo rate by 0.5 % and cash reserve ratio by 0.25 %.
The rate hike will push up the corporate lending rates. This, in turn, is anticipated to further strain the balance sheets of realty companies, [...]

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