Construction and funding costs
On Tuesday, the Reserve Bank of India (RBI) issued “draft guidelines,” with the evident aim of perking up the infrastructure sector. The “draft guidelines” will essentially give the banks the ability to provide partial credit enhancements to bonds which have been for financing infrastructure projects by companies/Special Purpose Vehicles (SPVs). According to the “draft guidelines” [...] Continue Reading »
The real estate prices around cities like Delhi and Mumbai have no signs of witnessing downtrend. With the announcement of Union Budget 2012 showing higher rates of service tax and excise duties, dream home concept will get more costlier. A latest real estate report from CRISIL states that the home prices in Mumbai which are [...] Continue Reading »
