Tag Archives: Slump

RBI sop fails to lift realty

November 17, 2008 – 4:31 am

It seems that the Reserve Bank of India’s move to ease lending to real estate hasn’t augured well with the banking sector. The apex bank effectively reduced the tax on lending to the real estate sector, which means banks can now more freely lend to the realty sector.
Considering the slump in the real estate sector [...]

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Buy Flat Get BMW Free

September 27, 2008 – 12:38 am

Indian real estate sector is going through a big slump. Not only Indian but real estate sectors around the world are facing slump. Property dealers are registering big losses. Biggest example of loss in real estate sector is DLF Group whose share prices have gone down up to 76% on BSE. Because of slump real [...]

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Indian Real Estate-Changing Scenario

August 11, 2008 – 12:34 am

The propensity of property cancellation in the city has surpassed statistics of several other leading cities in the country.
With almost 15% to 20% slide in the real estate demand across the country, the scene in Pune too is no different and developers have already started feeling the pinch.
“The real estate market across India is witnessing [...]

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