News articles tagged Financial Institutions

Kolkata's Premium Office Space Boom: A Closer Look at the Demand Surge

Kolkata's office real estate thrives as MNCs and tech firms drive demand for premium spaces featuring advanced tech, flex layouts, and productivity-focused designs.

Lemon Tree: To open 100 hotels in India by 2020.

Lemon Tree Hotels aims to open 100 hotels in India by 2020, expanding its capacity to 10,000 rooms, while delaying its real estate venture with Warburg Pincus.

Banks prefer Private Developers for lending.

Bank lending to commercial real estate sees 12.2% growth, driven by unlisted developers taking a larger share, despite claims of credit shrinkage from listed firms.

IMf Chief says,Global Economic Crisis presents many lessons.

IMF chief Christine Lagarde emphasizes the need for a robust financial sector to drive economic growth, citing it as a key lesson from the global slowdown.

TCI Consolidates

Transport Corporation of India Ltd has announced the consolidation of its real estate and warehousing activities into a newly formed company, TCI Developers Limited.

Interest rates on home loans decline further

Home loan interest rates fall below 8% as DCB and GIC Housing compete, sparking a price war during the festive season.

Parsvnath says festival sales down by half

Parsvnath Developers' Diwali sales dropped 40-50% due to high interest rates and lending restrictions. Despite this, the company plans to maintain prices, focusing on cost reduction by cutting salaries and expediting projects.

Two Wadala Plots For 375 Crores

MMRDA offers two large plots in Wadala, Mumbai for 80-year lease. One plot is for a commercial complex and the other for a multiplex, aiming to attract major developers and financial institutions.

SBI To Review Home Loan Rates

SBI plans to reassess home loan interest rates shortly, following a recent increase in its PLR, indicating potential changes in lending conditions.

RBI Limits Private And Public Sector Banks For NRI Matters

NRI loan interest rates vary based on borrowing reasons. The RBI's new directive limits lending against NRI deposits, targeting speculative investments in real estate.

Milestone Capital To Invest In Tamil Nadu Real Estate

Milestone Capital Advisors plans to raise Rs 10 billion for investments in real estate projects across tier-II and tier-III cities in Tamil Nadu, focusing on affordable housing.

India - A preferred Real Estate Market for Global Investor

A recent AFIRE survey reveals India ranks highly among foreign real estate investors, with JP Morgan planning a substantial investment in the sector.