Cash flow
Realtors are expected to come up with a high number of project launches this festive season. Faced with uncertain demand, the past two years have seen limited project launches by real estate companies. However, it looks to change as this year, as developers have decided to launch slew of projects to generate momentum and cash [...] Continue Reading »
Representatives of banks have expressed that they want the Reserve Bank of India (RBI) to relax the norms on asset classification in the real estate sector to facilitate credit flow. The revelation came in the wake of the finance ministry asking banks to increase lending to residential housing projects, so as to revive the cash [...] Continue Reading »
Real estate market analysts say that the recent June-ending quarter left the realtors frustrated and disappointed as there was lower profit on the back of tighter margins, higher input costs and huge project inventory. According to analysts, Bangalore developers likely stood out with robust sales and several project launches, while Mumbai developers saw a recovery [...] Continue Reading »
The revenues of 25 listed realty companies in Bangalore have witnessed a downfall due to less number of sales. There was 9.3 per cent fall in revenue in the last quarter of 2011. According to a report by Knight Frank India, a real estate consultancy, buyers showed less interest in buying properties as the interest [...] Continue Reading »
The rupee depreciation in the past six months has gone to 20 percent and likely there are chances of property prices drop down by 20 percent. In the same context the non-resident Indians (NRIs) are in a mad rush to invest in Indian realty sector as the rupee breached the Rs 54-mark against the US [...] Continue Reading »
