News articles tagged Reserve Bank Of India

Hike in Repo Rate have an impact on real estate?

The Reserve Bank of India (RBI) uses the repo rate, the interest rate at which it lends to commercial banks, to control inflation.

What factors will dominate India’s real estate market in 2024?

India's real estate market is booming, driven by factors like changing consumer preferences, government policies, and technological advancements. The market is expected to reach $1 trillion by 2030.

According to a survey, Indian home prices will rise by 7% amidst the surge in luxury real estate.

Indian home prices are projected to rise by 7% this year and next, driven by luxury real estate demand. The affordable housing gap remains a concern despite interest rate hikes by the Reserve Bank of India.

Sotheby's International Realty report shows that India's wealthy are considering real estate investments

Indian HNWIs and UHNWIs display strong economic optimism, with 71% planning real estate purchases in the next two years, driven by capital appreciation.

Builders asking for support of RBI to deal with Covid second wave

Real estate developers are requesting loan restructuring, interest moratoriums, and more liquidity support from the RBI after their Covid relief package announcement.

Bangalore is costliest Indian city to live in.

Bangalore surpasses Mumbai as India's most expensive city, according to RBI's CPI. High living costs attributed to the IT industry and inflated prices of essential goods.

Infra firms pay over $1 bn in finance, interest costs in H1

India’s major infra companies have paid over $1 billion in finance and interest costs during H1 of the current fiscal, causing significant margin dents.

RBI Slightly Cut Rates, Developers Seek More

The Reserve Bank of India cut the repo rate by 0.25%, a move welcomed by realtors but deemed insufficient by some developers who believe a larger cut is needed to significantly impact the real estate sector.

ECB Norms Likely To Be Relaxed to Boost Affordable Housing

Finance ministry officials and RBI plan to meet to discuss relaxing external commercial borrowing norms to enhance affordable housing projects in India.

Home Prices Sees Rise Despite Weak Home Sales

Mumbai's residential property prices have increased by 2.9% to Rs. 11,626 per sq. ft. However, property sales have slowed down, with only a marginal increase of 1%.

Housing Sector Likely to Have Infrastructure Status

Union government may confer infrastructure status to housing sector in upcoming budget, aiming to provide affordable homes and boost supply.

Home Loans’ Interest To Fall As RBI Cuts Rates Finally

The Reserve Bank of India has reduced the Repo Rate, allowing banks to offer home loans at lower interest rates, benefitting new borrowers significantly.

Mumbai Realty Market Looks For Some Upward Growth

Mumbai's real estate market shows signs of recovery with increased property registrations and new project launches. Festive occasions, discounts and lower interest rates are driving demand.

Delhi: Homes Sells Faster Than Mumbai

Mumbai faces longer sales times for its 1.13 lakh unsold units due to high prices, despite having fewer unsold units than Delhi NCR. Rate cuts by RBI could boost sales.

India: ICICI Bank eyes growth after strong Q4

ICICI Bank reported a 31% quarterly profit increase, anticipating loan growth supported by a recent rate cut despite concerns about India's economic outlook.

Affordable Housing Investors finds RBI Rate Cut a Boon

RBI's annual Credit Policy sparks optimism in the affordable housing segment, with realtors hopeful for lowered interest rates. However, concerns over inflation persist.

Economy and Realty for the Month of April 2012

Despite a slowdown in GDP, office space absorption in India remained consistent in 2011-12. However, the outlook for 2012-13 appears challenging for developers.

Realty Industry Feels Rate Cut as Benefit for All

The RBI's decision to cut key lending rates by 50 basis points is seen as a significant boost for the real estate sector, benefiting both developers and home loan customers.

In March,India Inc. invested $2.7 bn overseas.

Indian companies' overseas investments rose 37.6% to $2.77 billion in March, with major investments in real estate and services

Mumbai offers little hope for home buyers.

Mumbai faces a real estate crisis with Rs275 billion invested since 2005 yielding few returns, leaving many flats vacant and buyers confused amid rising costs and regulatory changes.

Chennai leads Indian Realty Sector.

India's property market to attract $3 billion from overseas buyers, despite high prices, driven by robust economy and growing middle-class population.

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.

RBI might unveil its mid-quarter policy review on September 16

Despite an expected rate hike by RBI, home buying remains robust, with developers expressing confidence in residential sales as buyers seek to invest before potential price increases.

RBI Changes Norms Regarding ECBs

RBI & DIPP to regulate Real Estate Firms' access to External Commercial Borrowings (ECBs) with stricter norms, citing misuse concerns.

RBI Restricts UCB's

RBI restricts Urban Co-operative Banks' real estate exposure to 15% of total deposits, impacting commercial and housing loans.