Leading bankers have cautioned real estate developers in India against raising residential prices, saying that any such move at this juncture would stall recovery in the market. (more…)
Archive for July, 2009
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Monday, July 6th, 2009Indian Market Down on Budget
The Sensex suffered its biggest fall on any Budget day and in the year by plunging over 869 points on the Bombay Stock Exchange on concerns over the high fiscal deficit set by the Union Budget according to TOI. (more…)
Saturday, July 4th, 2009Indian serviced apartments demand declines
Demand for serviced apartments has fallen in recent months due to the slowdown. This apart, real estate experts feel that lack of dedicated players and lower hotel room prices too have impacted the demand in this segment. (more…)
Wednesday, July 1st, 2009RICS:Hike Indian housing loan interest deductions
The Royal Institution of Chartered Surveyors hopes the Finance Ministry will consider hiking the housing loan interest deduction limit and bringing down home loan interest rates in the coming Budget. (more…)
Wednesday, July 1st, 2009Mumbai Developers Look to Increase Prices
Real estate developers in Mumbai have started to increase property prices in some pockets of Mumbai (more…)