high interest bank loans
With growth in the bank loans over a sustained period of time, it can be safe to say that the commercial real estate in India mainly thrives on borrowings owing to security needs and other factors. Bank loans grew high over the past one and a half year to the commercial real estate sector. According [...] Continue Reading »
Many leading developers are joining the league where sales volume has pushed down, some with marginal increase in net profit, some with no money and no buyers while some with declining profits. Oberoi realty, Mumbai based real estate company, reported a net profit of Rs 145.2 crore in last quarter of the 2012-13 fiscal against [...] Continue Reading »
