The lengthy process of buying your dream home begins with the most critical aspect — identifying the property and while your local broker may have been your dependable man to do that till a few years ago, that is not the case any longer. Most banks a…
Posts Tagged ‘Banking and Finance’
Banks now help you spot that dream home
Posted by propertyagentsindia on May 13th, 2012
Finance Ministry working on safeguards against abuse of ECB in realty
Posted by propertyagentsindia on April 23rd, 2012
The Finance Ministry is building safeguards to ensure realty companies do not misuse the external commercial borrowing (ECB) window announced in the Budget by diverting the money. According to sources the modalities are being worked out for implementat…
Bank lending to commercial realty rises by 9% in February
Posted by propertyagentsindia on April 21st, 2012
April 20, 2012 Banks’ lending to the commercial real estate sector grew 9 per cent in February 2012 compared to February 2011, as risk-averse fund houses continued to seek a higher rate of return and invest in smaller deals. According to the Rese…
Venture capitalists, private equity connect with property sites
Posted by propertyagentsindia on April 20th, 2012
BANGALORE: Marquee venture capitalists (VCs), which have stayed away from funding real estate developers, are warming up to the digital property market. Facebook investor Accel, along with private equity (PE) firm SAIF Partners, have made a$5-million g…
Posted in Real Estate India 
Tags: Banking and Finance, real estate news. property news 
No Comments »Choose your payment plan carefully
Posted by propertyagentsindia on March 31st, 2012
Buyers should look into the developer’s delivery record before deciding on the payment plan When investing in a property that is under construction, under construction, buyers should carefully consider the different payment plans being offered by…
Kotak Realty to invest Rs 120 crore in Parsvnath Developers
Posted by propertyagentsindia on March 22nd, 2012
BANGALORE | NEW DELHI: Parsvnath Developers is raising Rs 120 crore from Kotak Realty Fund for a new 100-acre integrated township project on Sohna Road in Gurgaon. Kotak Realty fund will get a 20% stake in the special purpose vehicle that will dev…
Your loan rates are unlikely to fall soon
Posted by propertyagentsindia on March 16th, 2012
The Reserve Bank of India (RBI) let pass an opportunity to cut the repo rate on Thursday, keeping it unchanged at 8.5% going into Budget Day, as inflation reared up for the first time in five months. Recent growth-inflation dynamics have prompted it to…
You can fight a case against developer in consumer court without hiring a lawyer
Posted by propertyagentsindia on March 16th, 2012
Though consumer courts hear such cases, you need to be quick in reacting against the shortcoming on the developer’s part If your developer is deficient in services such as construction defects, maintenance or misuse of common areas, you can take the …
RBI cuts CRR: Developers hail cut; hope banks to fund realty projects
Posted by propertyagentsindia on March 10th, 2012
NEW DELHI: Terming RBI’s decision to reduce cash reserve ratio (CRR) as a “positive step”, the realty body CREDAI on Friday said the move would enable financial institutions to fund real estate projects. The body also sought cut in sh…
RBI hints at another CRR cuts
Posted by propertyagentsindia on March 7th, 2012
March 06, 2012 The Reserve Bank of India (RBI) has hinted at another reduction in the Cash Reserve Ratio (CRR) of banks to ease the severe liquidity in the system but ruled out a cut in the statutory liquidity ratio or SLR, saying that such a move will…
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