News articles tagged Banking

As banks invoke SDR Jaiprakash Associates calls board meets

Jaiprakash Associates plans a board meeting following SDR invocation as cement sales drop significantly, amid attempts to address their financial challenges.

28% fall in Bangalore Property

In 2016, Bengaluru faced a 28% deficiency in office space supply despite high demand from the IT sector and e-commerce companies. CBRE predicts a shorter supply for the year.

Experts: Rentals to remain low on lesser supply

Experts predict that a decline in office space supply will pressure rental values, while corporate relocation and economic factors affect demand across major cities.

Indian Realty Sees Private Equity Firms’ Faded Zeal

Private equity investment in Indian real estate and infrastructure witnessed a decline last year, according to a Grant Thornton report. However, there is optimism for increased investment in 2023.

DLF and Unitech stocks up for mortgage cut.

Real estate developers rally as banks cut home loan rates, sparking hopes of increased property sales.

‘Simplify Administrative Procedures, Introduce Reforms’-CREDAI

Mr. Lalit Jain from CREDAI advocates for reforms to boost housing construction, urging the Central Government to address delays, land costs, and taxation issues.

Real Estate tops the PE chart in Feb.

Indian companies saw a 58% surge in PE investments in February 2012, reaching $922.7 million across 51 deals, with real estate leading the way.

Home Loan Rate Should Be Restructured.

The real estate sector anticipates favorable changes in the Union Budget 2012-13, including increased loan subsidies for affordable housing and enhanced FDI regulations.

Brokers Hunt for Jobs as Slump Hits Realty Sales

Real estate brokers in major Indian cities are switching to other businesses due to a slump in home sales. Smaller players are particularly affected, forcing many to seek jobs in different sectors.

Citigroup gets economical support from US government

Citigroup secures $326 billion US government support, impacting global markets and leading to changes within its Indian operations.

Consolidation In The Housing Finance Market

Housing finance is under pressure as banks increase developers' contribution limits amid rising rates and an uncertain economy, impacting real estate investments.

Govt Recognizes Public Demand For Lower Home Loan Rates.

The Indian government acknowledges public demand for reduced home loan interest rates, particularly for loans under Rs 20 lakh, but leaves the decision to banks and the RBI.