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	<title>Property News India and Featured Real Estate Stories &#187; Reserve Bank</title>
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		<title>RBI Firm on Scrapping Pre-payment Penalty</title>
		<link>https://groups.commonfloor.com/news/rbi-firm-on-scrapping-pre-payment-penalty-60040</link>
		<comments>https://groups.commonfloor.com/news/rbi-firm-on-scrapping-pre-payment-penalty-60040#comments</comments>
		<pubDate>Thu, 10 Apr 2014 07:03:46 +0000</pubDate>
		<dc:creator>gaurav.gupta</dc:creator>
				<category><![CDATA[Mumbai]]></category>
		<category><![CDATA[AC Mahajan]]></category>
		<category><![CDATA[Aditya Puri]]></category>
		<category><![CDATA[Banking Codes and Standard Board of India]]></category>
		<category><![CDATA[Central bank]]></category>
		<category><![CDATA[Corporate clients]]></category>
		<category><![CDATA[Domestic banks.]]></category>
		<category><![CDATA[Floating rate]]></category>
		<category><![CDATA[HDFCBank]]></category>
		<category><![CDATA[Home loans]]></category>
		<category><![CDATA[IBA]]></category>
		<category><![CDATA[Interest rates]]></category>
		<category><![CDATA[lenders]]></category>
		<category><![CDATA[Minimum balance]]></category>
		<category><![CDATA[Penalties]]></category>
		<category><![CDATA[Reserve Bank]]></category>
		<category><![CDATA[Small corporate loans]]></category>

		<guid isPermaLink="false">http://www.commonfloor.com/news/?p=60040</guid>
		<description><![CDATA[A person familiar with the plan told that there is a possibility that banks will be ordered to scrap penalty on pre-payment of all retail and small corporate loans and do away with fines for failure to maintain minimum balance if the recent ‘nudge’ does not work by the Reserve Bank. Since the entire system [...]]]></description>
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		<title>Property prices remain high despite high interest rates</title>
		<link>https://groups.commonfloor.com/news/property-prices-remain-high-despite-high-interest-rates-31956</link>
		<comments>https://groups.commonfloor.com/news/property-prices-remain-high-despite-high-interest-rates-31956#comments</comments>
		<pubDate>Tue, 06 Nov 2012 11:32:54 +0000</pubDate>
		<dc:creator>praveen.p</dc:creator>
				<category><![CDATA[Other cities]]></category>
		<category><![CDATA[Real estate trends]]></category>
		<category><![CDATA[Realty News]]></category>
		<category><![CDATA[and Chennai]]></category>
		<category><![CDATA[Delhi]]></category>
		<category><![CDATA[economic trends.]]></category>
		<category><![CDATA[government approval delays]]></category>
		<category><![CDATA[Higher interest rates]]></category>
		<category><![CDATA[Housing prices]]></category>
		<category><![CDATA[Kolkata]]></category>
		<category><![CDATA[Mumbai]]></category>
		<category><![CDATA[Reserve Bank]]></category>
		<category><![CDATA[transaction]]></category>

		<guid isPermaLink="false">http://www.commonfloor.com/stories/?p=31956</guid>
		<description><![CDATA[Despite the higher interest rates and economic slowdown, housing prices remained firm followed by limited supply, according to a Nomura report. The supply has also been limited for fewer projects in key markets like Mumbai, Delhi and other dues  to the government approval delays. A recent report by the Reserve Bank stated that the house prices [...]]]></description>
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		<title>Stop levying pre-payment penalty &#8211; RBI</title>
		<link>https://groups.commonfloor.com/news/stop-levying-pre-payment-penalty-rbi-23489</link>
		<comments>https://groups.commonfloor.com/news/stop-levying-pre-payment-penalty-rbi-23489#comments</comments>
		<pubDate>Thu, 28 Jun 2012 03:58:31 +0000</pubDate>
		<dc:creator>Lekshmi</dc:creator>
				<category><![CDATA[Mumbai]]></category>
		<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[Home loans]]></category>
		<category><![CDATA[levying penalty on pre- payment]]></category>
		<category><![CDATA[monetary policy]]></category>
		<category><![CDATA[Reserve Bank]]></category>

		<guid isPermaLink="false">http://www.commonfloor.com/stories/?p=23489</guid>
		<description><![CDATA[The Reserve Bank asked urban co-operative banks (UCBs) to stop levying penalty on pre- payment of home loans on floating interest rates with immediate effect. Earlier this month, RBI had also asked the commercial banks to stop charging such penalties. The removal of foreclosure charges or pre- payment penalty on home loans will lead to [...]]]></description>
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		<title>Chennai real estate market is growing</title>
		<link>https://groups.commonfloor.com/news/chennai-real-estate-market-is-growing-19113</link>
		<comments>https://groups.commonfloor.com/news/chennai-real-estate-market-is-growing-19113#comments</comments>
		<pubDate>Fri, 27 Apr 2012 09:15:07 +0000</pubDate>
		<dc:creator>Poonam Das</dc:creator>
				<category><![CDATA[Chennai]]></category>
		<category><![CDATA[Real estate trends]]></category>
		<category><![CDATA[Realty News]]></category>
		<category><![CDATA[Residential Real Estate]]></category>
		<category><![CDATA[commercial and residential properties]]></category>
		<category><![CDATA[Cost of properties]]></category>
		<category><![CDATA[cost of properties in Chennai]]></category>
		<category><![CDATA[demand for apartments]]></category>
		<category><![CDATA[demand for apartmentsin Chennai]]></category>
		<category><![CDATA[RBI]]></category>
		<category><![CDATA[Reserve Bank]]></category>
		<category><![CDATA[Reserve Bank of India]]></category>
		<category><![CDATA[Residential properties]]></category>
		<category><![CDATA[residential properties in Chennai]]></category>

		<guid isPermaLink="false">http://www.commonfloor.com/stories/?p=19113</guid>
		<description><![CDATA[The demand for property has been robust in Chennai in terms of commercial and residential properties. The demand for apartments in Chennai are increasing as the cost of properties are in budget range of Rs 20 lakh to Rs 40 lakh. The builders association has pointed out that there is a shortage of 24,000 homes [...]]]></description>
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		<slash:comments>2</slash:comments>
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		<title>&#8220;Assured returns&#8221; scheme to attract home buyers</title>
		<link>https://groups.commonfloor.com/news/assured-returns-scheme-to-attract-home-buyers-10951</link>
		<comments>https://groups.commonfloor.com/news/assured-returns-scheme-to-attract-home-buyers-10951#comments</comments>
		<pubDate>Sat, 17 Dec 2011 04:33:25 +0000</pubDate>
		<dc:creator>Poonam Das</dc:creator>
				<category><![CDATA[Realty News]]></category>
		<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[Affecting home buyers]]></category>
		<category><![CDATA[Amenities]]></category>
		<category><![CDATA[Assured rental schemes]]></category>
		<category><![CDATA[Assured returns]]></category>
		<category><![CDATA[Capital value]]></category>
		<category><![CDATA[Credit lines]]></category>
		<category><![CDATA[Developer transactions]]></category>
		<category><![CDATA[Developers]]></category>
		<category><![CDATA[Down payments]]></category>
		<category><![CDATA[Home buyers attention]]></category>
		<category><![CDATA[Property Buyers]]></category>
		<category><![CDATA[Rental schemes offers]]></category>
		<category><![CDATA[Reserve Bank]]></category>
		<category><![CDATA[Total investment]]></category>

		<guid isPermaLink="false">http://www.commonfloor.com/stories/?p=10951</guid>
		<description><![CDATA[Assured returns is what the developers are using as a bridge to attract the property buyers. This is happening only because the Reserve Bank has put down certain restrictions on developer transactions and norm is intern affecting the home buyers&#8217; credit lines. Developers have started encouraging &#8220;Assured returns&#8221; concept in order to draw home buyers [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<item>
		<title>Automobile and Real Estate Sectors to get affected by Rise in Borrowing Cost</title>
		<link>https://groups.commonfloor.com/news/automobile-and-real-estate-sectors-to-get-affected-by-rise-in-borrowing-cost-6925</link>
		<comments>https://groups.commonfloor.com/news/automobile-and-real-estate-sectors-to-get-affected-by-rise-in-borrowing-cost-6925#comments</comments>
		<pubDate>Mon, 22 Aug 2011 09:50:59 +0000</pubDate>
		<dc:creator>Poonam Das</dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[Automobile and Real Estate Sectors]]></category>
		<category><![CDATA[Borrowing Cost]]></category>
		<category><![CDATA[Government sector employees]]></category>
		<category><![CDATA[IIP]]></category>
		<category><![CDATA[Index of Industrial Production]]></category>
		<category><![CDATA[key policy rates]]></category>
		<category><![CDATA[Minimum lending rate]]></category>
		<category><![CDATA[New Pension System]]></category>
		<category><![CDATA[NPS]]></category>
		<category><![CDATA[Real Estate Sector]]></category>
		<category><![CDATA[Realty sector]]></category>
		<category><![CDATA[Reserve Bank]]></category>
		<category><![CDATA[Rise in Borrowing Cost]]></category>

		<guid isPermaLink="false">http://www.commonfloor.com/stories/?p=6925</guid>
		<description><![CDATA[Cost of borrowing has gone up, as a consequence sectors sensitive to interest rates are likely to be affected relatively more than others. To tame inflationary pressure, the Reserve Bank has hiked key policy rates 11 times since March 2010 by a cumulative 325 basis points. This led to a rise in borrowing cost which [...]]]></description>
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