New Delhi: Real estate developers on Thursday expressed disappointment over the RBI's decision to keep key policy rates unchanged and sought a cut in interest rate to boost housing demand. "We are very disappointed at this gesture by the RBI. The economic condition is getting worse day by day. The Government and the RBI should understand the need of the hour and reduce cost of funds," Confederation of Real Estate...
12:29 PM, Mar 15, 2012
Developers in the realty sector, which is facing severe credit crunch due to higher interest rates, expect the government to relax norms for repatriation of FDI and external commercial borrowings (ECBs) in the forthcoming Budget for 2012-13. The industry expects the Budget, to be announced on March 16, to relax norms for FDI and ECBs, especially for township projects that will give developers source funds at a much reasonable cost....
02:47 PM, Mar 05, 2012
New Delhi: Khan Market has emerged as the most expensive retail destination in India during 2011, realty consultant Cushman & Wakefield (C&W) said on Tuesday. According to a survey by the consultant, shop owners pay Rs 1,200 per sq per month as rental in Khan Market. "With many major international and national retail brands being present in Khan Market, and little vacancy and consistent demand, values have been rising high,"...
11:06 PM, Sep 20, 2011
New Delhi: Real estate developers feel the sector has been under represented in the Union Budget over the years. The grievance of the sector is that the sector which provides the maximum to the GDP and is the second largest employment provider, is not given due importance in successive Union Budget. In a survey carried real estate market tracker Track2Realty among 100 realty companies about 88 per cent assert that...
03:54 PM, Feb 17, 2011
Ten lakh Indians work in Dubai, largely in the construction industry. ...
11:06 PM, Nov 28, 2009
Dubai tremors did not jolt real estate stocks in India. ...
03:55 PM, Nov 28, 2009
Pay cuts and job losses have stopped buyers from buying homes. ...
03:52 PM, Jun 22, 2009
The real estate sector continues to remain under duress. ...
12:21 PM, Mar 17, 2009
CNN-IBN tells you how to keep your money in the current downturn. ...
12:56 AM, Mar 15, 2009
The world economy is going to be bad next year and realty sector is worst hit. ...
07:58 PM, Dec 29, 2008
Developers like Ansals and Omaxe could slash property prices soon. ...
12:36 AM, Nov 22, 2008
The Finance Minister wants consumer confidence retained to heal situation. ...
07:44 AM, Nov 20, 2008
The economic slowdown has made people wary of big investments. ...
12:12 AM, Oct 30, 2008
Prices have fallen, home loan rates have risen and housing projects are gasping for funds. ...
11:29 AM, Oct 18, 2008
The financial crisis in US has hit the realty sector hard. ...
09:46 PM, Sep 23, 2008
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