home buyers in India
Indian companies can access funds from abroad through External Commercial Borrowings (ECB) of different kinds. In general, ECB pertains to commercial loans in the form of bank loans, buyers’ credit, suppliers’ credit, securitized instruments (like floating rate notes and fixed rate bonds, non-convertible, optionally convertible or partially convertible preference shares) obtained from non-resident lenders with [...] Continue Reading »
New Delhi- After a prolonged wait of five-six years, nearly 5 lakh home buyers in India are expected to get possession of their new homes. According to an estimate of Property research firms Liases Foras and PropEquity as well as property consultancy CB Richard Ellis (CBRE), around 4.5-5 lakh homes will be ready to occupy [...] Continue Reading »
Mumbai- Although the sate and central government is making fresh norms to protect home buyers from the greedy builders but consumer activists feels that they are very much comfortable with the existing laws. They doubt the success of new laws and believe that the existing laws are enough to guard them from frauds. The existing [...] Continue Reading »
Real estate developers and housing finance companies are allowed by the Reserve Bank of India ( RBI) to raise funds up to $1 billion through external commercial borrowings (ECBs) in order to promote low-cost housing projects. RBI said that the funds raised through ECBs should be used either for developing low cost housing projects or [...] Continue Reading »
The builders of Mumbai and NCR have suddenly stopped bargaining on the cost of apartments in Mumbai. There are several incidents happening now a days where builders are withdrawing any discounts proposed earlier. The recent repo rate cut by the Reserve Bank of India has made real estate developers hopeful that sales would pick up [...] Continue Reading »
