Reserve Bank of India (RBI)
2012 is a promising year for the realty sector in Bangalore! With the Reserve Bank of India (RBI) soothing the home loan rates and property prices slightly coming down in certain part of the city. Real estate experts say that with the new upcoming launches in this year, the property prices are expected to remain [...] Continue Reading »
Renting houses is still a risky task in this heating up realty market. Even though the property prices have started declining, selling, buying or renting a property is a risky task indeed! Citizens say that renting out a home in Mumbai is a toughest task, as one can never dream of getting home to one’s [...] Continue Reading »
Mumbai developers and builders blame Reserve Bank of India (RBI) for the poor realty sales for the year 2011. Every month there is 12 percent reduction in realty sales, which is a huge loss indeed! However, the realty analysts say that RBI is doing its job and has been neutral by pausing and easing interest [...] Continue Reading »
In the year 2011, private banks were the huge lenders in home finance who continued to impose increasing penalty on the loan borrowers throughout the year. To ease the home loan environment, ICICI Bank a private home loan financing company waived pre-payment charges on floating rate home loans for the existing as well as for [...] Continue Reading »
National Housing Bank (NHB) a housing finance regulator at the earliest will be raising Rs 4,500 crore on fund housing activities. NHB experts say that for now they have raised Rs 4,500 crores and are now looking forward to raise same amount by the end of current fiscal. Under the guidance of Reserve Bank of [...] Continue Reading »
Even though there is prevalence of slow down in domestic investment net worth midst the individuals and mid-sized corporates for a real estate fund. Milestone Capital Advisors, a private equity firm has raised Rs 450 crore of real estate fund. According to Reserve Bank of India (RBI) till end of June 2011, Indian real estate [...] Continue Reading »
Jones Lang LaSalle’s warns the situation of real estate market for the year 2012. According to the reports collected by Jones Lang LaSalle, for the year India’s commercial and real estate market will remain a cautious. Due to the prevalence of uncertainties in the global real estate market, Reserve Bank of India (RBI) has given [...] Continue Reading »
Home loan interest rate hike seems to have no barrier. The appetite of home loan is demanding constant hike in interest rate. However, according to the data collected by Reserve Bank of India (RBI) and National Housing Bank (NHB) rising interest rates have not decreased the rate of home loan being borrowed. NHB experts say [...] Continue Reading »
The Reserve Bank of India (RBI) has planned to reduce the number of financial shares from resident and non-residents in India. This new set of financial norms is said to be released at the earliest and this will include investments made on housing and other such things. This plan will be approved by RBI only [...] Continue Reading »
Reserve Bank of India (RBI) home loans are increasing frequently resulting in the people being dissuading from buying houses. Sanjay Dutt the CEO of Jones Lang LaSalle India reported saying that the home loan interest hike will decrease the construction activity directly impacting on the real estate sector. Few smaller builders will find edged out of [...] Continue Reading »
