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	<title>Property News India and Featured Real Estate Stories &#187; high prices</title>
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		<title>CREDAI members plan on clearing unsold houses</title>
		<link>https://groups.commonfloor.com/news/credai-members-plan-on-clearing-unsold-houses-34976</link>
		<comments>https://groups.commonfloor.com/news/credai-members-plan-on-clearing-unsold-houses-34976#comments</comments>
		<pubDate>Tue, 04 Dec 2012 15:56:01 +0000</pubDate>
		<dc:creator>Poornima</dc:creator>
				<category><![CDATA[Delhi-NCR]]></category>
		<category><![CDATA[Realty News]]></category>
		<category><![CDATA[Residential Real Estate]]></category>
		<category><![CDATA[Affordable Housing]]></category>
		<category><![CDATA[Banks]]></category>
		<category><![CDATA[Buyers]]></category>
		<category><![CDATA[CMD]]></category>
		<category><![CDATA[Confederation of Real Estate Developers' Association of India]]></category>
		<category><![CDATA[CREDAI]]></category>
		<category><![CDATA[delay in approvals]]></category>
		<category><![CDATA[Developers]]></category>
		<category><![CDATA[finance minister P.Chidambaram]]></category>
		<category><![CDATA[high prices]]></category>
		<category><![CDATA[Jones Lang LaSalle India]]></category>
		<category><![CDATA[Lalit Kumar Jain]]></category>
		<category><![CDATA[National President]]></category>
		<category><![CDATA[Real Estate Sector]]></category>
		<category><![CDATA[Residential properties]]></category>
		<category><![CDATA[unsold housing stock]]></category>

		<guid isPermaLink="false">http://www.commonfloor.com/news/?p=34976</guid>
		<description><![CDATA[Confederation of Real Estate Developers&#8217; Association of India (CREDAI) has asked its members to clear the inventory of unsold housing stock by reducing the prices. The Finance Minister P Chidambaram has given few suggestions in order to clear the unsold stock which was accepted by the developers too. The members across the country have been [...]]]></description>
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		<title>RBI denies banks’ request of restructuring loans</title>
		<link>https://groups.commonfloor.com/news/rbi-denies-banks-request-of-restructuring-loans-2-34459</link>
		<comments>https://groups.commonfloor.com/news/rbi-denies-banks-request-of-restructuring-loans-2-34459#comments</comments>
		<pubDate>Fri, 30 Nov 2012 04:35:32 +0000</pubDate>
		<dc:creator>Poornima</dc:creator>
				<category><![CDATA[Delhi-NCR]]></category>
		<category><![CDATA[Agreement]]></category>
		<category><![CDATA[Banks]]></category>
		<category><![CDATA[Borrowers]]></category>
		<category><![CDATA[Finance Minister]]></category>
		<category><![CDATA[high prices]]></category>
		<category><![CDATA[house rates]]></category>
		<category><![CDATA[Inflation]]></category>
		<category><![CDATA[Interest rates]]></category>
		<category><![CDATA[P Chidambaram]]></category>
		<category><![CDATA[Principal amount]]></category>
		<category><![CDATA[Property Prices]]></category>
		<category><![CDATA[real estate loans]]></category>
		<category><![CDATA[Realtors]]></category>
		<category><![CDATA[recover]]></category>
		<category><![CDATA[Reserve Bank of India (RBI)]]></category>
		<category><![CDATA[Residential projects]]></category>
		<category><![CDATA[sell property]]></category>
		<category><![CDATA[tenure]]></category>

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		<description><![CDATA[The Reserve Bank of India (RBI) has denied the request of banks to allow them to restructure real estate loans without providing for likely losses if the loans go bad. A loan is said to be restructured when the original terms of the agreement (interest rates, tenure) are diluted in order to support troubled borrowers [...]]]></description>
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		<slash:comments>2</slash:comments>
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		<title>Mumbai sales market stagnates in June</title>
		<link>https://groups.commonfloor.com/news/mumbai-sales-market-stagnates-in-june-24177</link>
		<comments>https://groups.commonfloor.com/news/mumbai-sales-market-stagnates-in-june-24177#comments</comments>
		<pubDate>Fri, 06 Jul 2012 05:42:08 +0000</pubDate>
		<dc:creator>Lekshmi</dc:creator>
				<category><![CDATA[Apartment News]]></category>
		<category><![CDATA[Mumbai]]></category>
		<category><![CDATA[Realty News]]></category>
		<category><![CDATA[High interest rates]]></category>
		<category><![CDATA[high prices]]></category>
		<category><![CDATA[home sales market]]></category>
		<category><![CDATA[Knight Frank]]></category>
		<category><![CDATA[Mumbai Metropolitan Region]]></category>
		<category><![CDATA[Mumbai real estate market]]></category>
		<category><![CDATA[unsold inventory]]></category>

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		<description><![CDATA[The Mumbai home sales market has stagnated in June due to high prices and most buyers stop purchasing and expect the prices to come down. The Mumbai real estate market piles up with unsold inventory amounting to 80,000 units which forms 37 per cent of the total residential supply under construction. However, rising inventory with [...]]]></description>
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		<slash:comments>6</slash:comments>
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