Rising interest rates
A slowing economy, rising interest rates by banks, high inflation and the weak rupee, among others, contributed towards building a negative sentiment among home buyers that resulted in dwindling sales volumes within the residential market. However, the election results, sops for the housing sector in the Union Budget and the reviving economic growth of the [...] Continue Reading »
The residential market in India has been witnessing extreme volatility in terms of demand and supply over the last three years. Factors such as a slowing economic growth, rising interest rates by banks, high inflation and the weak rupee, among others, contributed towards building a negative sentiment among home buyers and resulted in a dwindling [...] 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 »
Happy go news for the citizens and property buyers in Mumbai! The amendments in Development Control Regulations (DCR) followed up by huge number of residential and commercial property launches have commenced showing the signs of property rates fall! Some of the real estate experts have predicted property rate fall by 10 and 30 per cent [...] Continue Reading »
The demand for commercial spaces in Mumbai city has dropped down! The real estate analysts have predicted 15 per cent drop in demand based on rising interest rates and global crisis. Also, one of the reports by global property advisors DTZ say that the demand for office spaces in the commercial realty sector during the [...] Continue Reading »
The latest RICS India Commercial Property Survey revealed that the realty investments and demand at present have buried themselves down in the ground! The realty vibrations happening in India is so evident that it is felt even at global real estate market. The capital value expectations remain negative with the drop down in rental and investment [...] Continue Reading »
With this kind of fluctuation in realty market, the real estate developers in Bangalore city no longer interested on selling their residential or commercial properties. The rising interest rates, property rates; the real estate developers say that they have learnt a big lesson from witnessing loss and profits. The only path they find workable is [...] Continue Reading »
Real estate experts, advice the property buyers to have a thorough check of the documentations before they invest on property. India is witnessing a rapid growth in illegal properties which is not a healthy sign. With the present real estate scenario; rising interest rates and property rates the buyers have stepped back from investing on [...] Continue Reading »
The builders and developers in Chennai are planning to pre-launch their projects which was kept unsold or unused due to major drop in property sales. Only because of the rising interest rates and property price hike nearly half-a-dozen of mega residential projects were on hold. On the occasion of Pongal (festival), the city developers are [...] Continue Reading »
The National Housing Bank (NHB) raises provisioning requirement for doubtful assets up to 100%, asks housing finance companies to set aside 0.4% loans as buffer. The new guidelines are aimed at protecting the health of HFCs when concerns over possible asset quality deterioration increases manifold amid rising interest rates, but industry captains said their prising [...] Continue Reading »
