Home Prices will come down in coming months!!!
It is predicted that there may the 15-20% price reduction in the real estate because of the less demand and the supply is more. The recent statistics shows that all over India there is more than 2lacs houses ready to occupy stage. There is not many buyers willing to buy in coming months. They have [...]
Slowdown Forces DLF, Raheja to Surrender SEZs
Till last year, Special Economic Zones (SEZs) were the flavour of the season. But for some developers, the downturn in the global economy is now forcing them to surrender their SEZs despite having received formal approvals from the Centre. On Tuesday, the Board of Approval of the ministry of commerce and industry in Delhi will [...]
Citigroup buys stake in Indiabulls
Foreign fund house Citigroup Global Markets Mauritius has picked up a 0.11 per cent stake in domestic real estate developer Indiabulls Real Estate for Rs 7.45 crore. As per the data available with the Bombay Stock Exchange, in a block deal Citigroup today purchased three lakh shares of Indiabulls Real Estate at a price of [...]
What is Reverse mortgage?
Introduction
In this article I will be writing about the reverse mortgage which is just opposite to the what we all known as the home loans and mortgage. The reverse mortgage is suitable for the retired and old people. This article will explore the purpose of reverse mortgage and advantages of it. Please post your feedback [...]
March 2009 Overview
Introduction
We have reached the end of march 2009, this article will provide the recap on what is happened in March 2009 on Think – Plan – Invest. This is the first article writing about the monthly overview and it will continue from this month. Every month end I will be writing about the overview of [...]
Submit Original documents for Home Loans
Introduction
In this blog I will be writing about the submitting original documents to the bank for getting the loan amount. Most people are hesitating to submit the original documents to the banker because of the safety. This blog post explains the legal rules related to submitting the documents. Please post your comments in the comments [...]
Real Estate prices in India fall sharply
Real estate market in India is trapped in a vicious cycle of plunging prices. With the bottom nowhere in sight, potential buyers do not want to try and catch a falling knife, says Pranay Vakil, chairman, Knight Frank India, a property consultancy firm. “They are expecting a further cut in prices, while developers themselves have [...]
Coimbatore Real Estate Gains Amid Recession
The Manchester of South India, Coimbatore, is still brimming with a lot of positive energy as far as the real estate scenario is concerned. The city, with a population of 1.8 million people, has a few pan-India players in the real estate market but the 35-40 odd local developers are confident of staying in business [...]
DLF will reduce prices in Chennai and Bangalore
A decision by DLF Ltd, the country’s biggest realty firm by market value, to reduce prices of its apartments in Chennai and Bangalore by between 10% and 30% could trigger a wider correction in what is still an overheated market, according to analysts and consultants. The DLF move will force other realtors to cut apartment [...]
