CRISIL Grades Mumbai Based Valuers
Credit rating agency CRISIL has started grading real estate valuers with the very first grading announced for a Mumbai based valuer. The grading of real estate valuers is expected to facilitate benchmarking for the valuers and also help banks, housing finance companies, real estate mutual funds, select real estate valuers for specific valuation assignments.
The company [...]
Joint Home Loans and Tax Benefits
Introduction
In my previous blog I have written about the Home Loans and Tax Benefits. It covers most of the part in utilizing the Tax Benefits, If you are applied for the Home Loans. But, the mentioned blog overs only about the individual Home Loans and not explaining anything about the Joint Home Loans. By applying [...]
Home prices will come down – Wait and Buy!!!
Introduction
Buying home is everyone’s dream and it become very difficult in the current scenario. That too in the cities like Bangalore, Chennai, Mumbai, etc. it is even more difficult to afford a decent house or apartment. The reason is the properties are over valued and high rates of Home Loans. Information Technology (IT) development is [...]
Small Cities Observe 35% Drop in Realty Prices
The demand for Real Estate in smaller cities and towns has plunged nearly 35 per cent in the first seven months of the current fiscal, as many realtors deferred their projects owing to higher borrowing costs. The sharp decline in demand for property was witnessed in Tier II and Tier III cities including Pune, Chandigarh [...]
Real Estate Developers Thinking of Rate Cut
Real Estate developers in India should lower prices given the general slowdown in the Economy, the Confederation of Real Estate Developers’ Associations of India (CREDAI). “Some developers across the country have already reduced prices, CREDAI now requests all its members to do the same,” the real estate body, which counts over 3,500 developers as members. [...]
Indian Property Rates may come down due to slowdown
Real estate companies are likely to slash prices to boost demand in reality business. It is to be noted that Union Finance minister, P Chidambaram recently asked industry to slash prices so that the desired targets of industrial growth can be achieved.
Realtors seem to get the message and are expected to decide on price slash [...]
DLF Reduces Jobs
The ongoing world economic crisis has widely impacted the real estate sector. The largest real estate company in India, DLF has announced various measures to cut costs and reduce unnecessary expenses. DLF would terminate services of some of company’s employees and stop working on some of its projects.
Unitech and Parsvnath Developers also retrenched their staff [...]
India’s Real Estate boom Dying
Many large realtors are in dire financial straits, their shares have been battered and real estate prices are dropping. As with all economic transitions, this one too has both good and bad aspects. The good comes from the fact that the vertiginous rise in real estate prices over these past five years had put home [...]
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Best Builders in Bangalore
Sobha Developers
URL: http://www.sobhadevelopers.com
Mantri Group
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Brigade Group
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India Builders Corporation (IBC) GroupURL: http://www.indiabuildersco.com
Adarsh Group
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RMZ CorpURL: http://www.rmzcorp.com
