DLF wants home loan interests cut

Published: November 25, 2008
By Anuj

DLF, India’s biggest real estate developer, said a recovery in the property market in the next six months hinges on lower home loan rates to lure first-time buyers. DLF, India’s biggest real estate developer, said a recovery in the property market in the next six months hinges on lower home loan rates to lure first-time [...]

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Goldman Sachs says prices will drop by 30%

Published: November 25, 2008

NEW DELHI: Real estate prices in India requires to drop by 30% to spur demand, said Goldman Sachs in a report. However, the report further maintained that the sharp decline in the prices will have a negative impact on the economy.
Goldman Sachs said: “Our India Real Estate Team believes that prices need to fall by [...]

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Real estate credit might get easier

Published: November 11, 2008

The Government is considering a two-pronged strategy to pull the real estate sector from its current morass and credit crunch. The strategy essentially revolves around reducing the risk element for banks in lending to the sector, where many foresee a slump. According to an official in the Prime Minister’s committee of officers set up to [...]

Posted under Laws & Regulations, News