Tag: State Bank

Indian real estate price can fall 60 to 70% from current levels in the next five years

The real estate sector in India may have seen its best time for the next several decades. The real estate markets now heads downward, as people cannot make their mortgage payments. OP Bhatt, chairman of State Bank of India (SBI), the country‚Äôs largest bank, expects 50% correction in the housing sector prices in the country. […]

Consolidation In The Housing Finance Market

The down ward trend of real estate market price is going down, the housing finance is facing a squeezed condition. Now the Banks have increased the contribution limit of the developers from 25% to 30%. With the correction of prices in the real estate sector, commercial banks have become choosy in lending. They have become […]