Indian banks are taking a considerate view on homebuyers who have lost their jobs, thereby helping borrowers retain their homes. India’s banking majors are considering proposals from home loan borrowers who have got into trouble due to the economic downturn as a better way to handle the crisis, which ultimately saves the Indian banks money. (more…)

Litolier Group based in Mumbai, plans to build two more five-star hotels in India in the next few years. The group will develop two hotels in Mumbai and Goa under a joint venture with a foreign hospitality major. (more…)

Indian property major Unitech is looking at raising around Rs 1,250 crore through a qualified institutional placement (QIP) (more…)

The commercial property market in the Mumbai is expected to take a 20-40 % correction according to a recent Jones Lang LaSalle Meghraj report. (more…)