Backing realty firms up, Finance Ministry said that RBI could permit realty firms to run banks in the private sector. Finance Ministry made the comment while talking about RBI’s new licensing policy. While speaking about the new licensing policy of Reserve Bank of India (RBI), Finance Ministry said that the realty firms also should be given [...]
Posts Tagged ‘RBI’
Realty Firms Can Run Bank; Finance Ministry Opines
Posted by propertyagentsindia on January 30th, 2013
Demand in Residential Market will Remain Stagnant
Posted by propertyagentsindia on May 11th, 2012
A recent report by Global Property Consultants CBREÂ South Asia, India Residential Market View – 2011 states that while the residential markets across NCRÂ and Mumbai witnessed steady escalation in prices during the revival period from 2009 to first half of 2011 (as high as 40-50% in certain micro-markets), the latter half of the year brought in [...]
Economy and Realty: Glance for the Month of April 2012
Posted by propertyagentsindia on April 19th, 2012
Healthy office space absorption in 2011-2012 inspite of slowdown in GDP, However 2012-13 seems bleak. Currently, the top seven cities of India that is Mumbai, National Capital Region, Bangalore, Pune, Chennai, Hyderabad and Kolkata together occupy 389 mn sq.ft of Grade-A office space. During 2010-11, a total of 38 mn sq.ft of new space was [...]
Posted in Property News 
Tags: April 2012, Banking & IT sector, Economy, Gdp, RBI, real estate news. property news, Realty, Reserve Bank Of India 
No Comments »2012: Much Tougher Year for Fund Raising
Posted by propertyagentsindia on April 18th, 2012
Due to global issues, liquidity is becoming a problem. Though the phase is temporarily, the concern cannot be ruled out. Indian real estate sector is banking on the fact that change will take place and market will come out of the situation. The fact of the matter is that next 12 months and in fact 2012, does [...]
Realty Industry Welcomes Rate Cut
Posted by propertyagentsindia on April 18th, 2012
The interest rate sensitive realty industry Tuesday welcomed the Reserve Bank of India’s (RBI) decision to cut key lending rates by 50 basis points, and felt the move will boost builders’ and home loan customers’ sentiments alike. “For the real estate in particular, this is indeed a welcome step by RBI. While the sector was [...]
Understand Capital Gains Tax for the Sold Property.
Posted by propertyagentsindia on April 14th, 2012
Real estate is a significant part of an investor’s pie. It is also a time tested asset, which almost always appreciates except in times of severe economic downtrends, when it’s temporarily affected. In fact, buying real estate for investment purposes and selling it later at a higher price has become very common among investors. Banks [...]
The Realty Confusion: Mumbai offers little hope for home buyers.
Posted by propertyagentsindia on April 4th, 2012
In a recent report, Jones Lang LaSalle said that Mumbai seems to be in a tighter spot with Rs275 billion being sunk in land since FDI (foreign direct investment) was allowed in real estate in 2005; most of which has failed to yield returns. Even many investments done in South Bombay once named as one of the [...]
Indian Realty Sector may gain due to Gudi Padwa.
Posted by propertyagentsindia on March 28th, 2012
Gudi Padwa, a festival which earmarks new beginnings and new hopes to everybody’s life. Hence many builders announce their new projects at this point of time taking into consideration the sentiments of the local market. The festival is widely celebrated in the state of Maharashtra and as for common people in India, a home is a [...]
RBI to Set up Housing Start-up Index (HSUI)RBI to Set up Housing Start-up Index (HSUI)
Posted by propertyagentsindia on April 28th, 2010
The Reserve Bank has initiated an exercise to set up a housing start-up index (HSUI) to track new residential projects in 31 major cities and measure the changes in construction activities. The HSUI will cover new residential projects in all major cities including Delhi, Mumbai, Chennai, Kolkata and Bangalore, among others, the RBI said while [...]
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