Rs , sq ft

Removed from Shortlist

My Shortlist ()
Keep track of your shortlisted properties here. Shortlist a property to get started.

CRR

CREDAI chief is all praise for the government’s pro-real estate measures

CREDAI chief is all praise for the government’s pro-real estate measures
The real estate industry body CREDAI (The Confederation of Real Estate Developers’ Association of India) has explained about a few things which will bring cheer to the ailing sector. According to CREDAI, the string of measures announced for the real estate sector in the recent times will give a boost to the industry and will [...] Continue Reading »

IDFC: now comes the hard part

IDFC: now comes the hard part
IDFC Ltd’s transition to a bank will be painful. Meeting the requirements of cash reserve ratio (CRR) and statutory liquidity ratio (SLR) and ensuring that 40% of its loans go to the priority sector will lead to a decline in return ratios. The requirement of 60% dilution of the holding company structure in the third [...] Continue Reading »

RBI cuts repo rate for third time in 2013

RBI cuts repo rate for third time in 2013
Mumbai: On a move to step up real estate sales, Reserve Bank of India (RBI) has cut Repo Rate for the third time since January by 25 basis points. However, the lowering of the Repo rate by 0.25 percent may no sooner be beneficial to home loan seekers as it is too small to have [...] Continue Reading »

RBI slashes repo rate; second time in 2013

RBI slashes repo rate; second time in 2013
Reserve Bank of India (RBI) has announced the second repo rate cut of 0.25 percent (25 basis points) to 7.50 percent. Earlier, a similar cut was declared on January 29, 2013. This has adjusted the reverse repo rate to 6.50 percent and the Bank Rate to 8.50 percent. The Cash Reserve Ratio (CRR) has been [...] Continue Reading »

Home loan tax deduction, a boon to realty developers

Home loan tax deduction, a boon to realty developers
The home loan incentive which was announced recently by the Finance Minister with the Union Budget 2013 has been the talk since its release. The real estate developers are the group who can cheer the most with the incentive. One can claim the tax deduction only if his/her loan amount is less than Rs 25 lakh. Also, it has [...] Continue Reading »

Home loan tax deduction restrictive for home buyers: Budget 2013

Home loan tax deduction restrictive for home buyers: Budget 2013
With release of Union Budget 2013, the Finance Minister has proposed to offer deduction in tax on home loans to first time home buyers. This initiative has brought some cheer for the home buyers as there was no significant tax reliefs in the past. One can claim the deduction at tax only if your loan amount is [...] Continue Reading »

Hike exemption limit on home loan interest: Builders’s Association

Hike exemption limit on home loan interest: Builders’s Association
With the Union Budget to be presented in a week, Builders’s Association of India (BAI) expects a hike in exemption limit on the interest in home loan. At present, the exemption is set at Rs 1.5 lakh which the builders want to be set at Rs 3 lakh. The builders demand the Finance Minister to [...] Continue Reading »

Mumbai real estate expects good news from Union Budget 2013

Mumbai real estate expects good news from Union Budget 2013
Reserve Bank of India (RBI) is set to cut the CRR as well as repo rates and bank lending rates to increase liquidity in the system. With this initiative, developers in Mumbai are hoping that with the coming Union Budget 2013, it will improve investment volumes and general growth across real estate sector in Mumbai. Some of [...] Continue Reading »

Forecast of Budget 2013-14 on Pune real estate

Forecast of Budget 2013-14 on Pune real estate
With the upcoming Budget for the financial year 2013-14, Pune real estate has many hopes on it. The authorities in the finance ministry have already stepped onto the right path by taking steps to increase liquidity in the system by reducing the cash reserve ratio (CRR) as well as repo rates and bank lending rates [...] Continue Reading »

Developers dissapointed with RBI decision

Developers dissapointed with RBI decision
After the Reserve Bank of India’s decision to hold the rates, real estate developers say that although they welcome the reduction in cash reserve ratio (CRR), they are disappointed with the fact lending rates have remained the same. In the policy announcement, RBI cut banks’ Cash Reserve Ratio (CRR) by 25 basis points (bps), while [...] Continue Reading »



CommonFloor Property Search Mobile App now available on Android, iOS and Windows!