Indian real estate firms anticipate margin pressure due to recent interest rate hikes, raising concerns over market demand and pricing strategies.
RBI raises interest rates, impacting stock markets and real estate sector with significant index declines
Hyderabad's real estate market sees renewed interest from NRIs and foreign investors following electoral changes as concerns about a separate Telangana state diminish.
Indiabulls Properties Investment Trust debuts on Singapore Exchange with uninspiring opening, closing 10% below issue price
ICICI Bank downplays real estate bubble fears despite rising interest rates and property prices impacting sector growth. The bank expects a market correction.
Real estate sales have declined, but prices remain stable. High interest rates coupled with past growth have caused a market slowdown, affecting buyer sentiment.
Rising real estate prices and interest rates are causing a decline in home loan demand in India, impacting the housing sector's growth.
Finance Minister P. Chidambaram's decision to lower home loan rates highlights a slowdown in various sectors, despite commercial real estate thriving.
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.
Indian real estate values are anticipated to surge from $12 billion to $90 billion by 2015, driven by urban demand and a booming economy.
Real estate firms call for tax cuts and controlled material prices in the upcoming budget to stimulate the struggling sector and benefit buyers.
SBI has reduced home loan rates, prompting other public sector banks to follow suit, making borrowing more affordable for individuals and businesses.
RBI's decision to hold interest rates steady has disappointed the real estate sector, which is grappling with a housing slowdown. Industry experts express concern over high mortgage costs and anticipate varied impacts across markets.