Latest Realty News

YES Bank enters home loan business
Oct 30, 2014
Mumbai: Yes bank has entered the burgeoning housing loan market, with a focus on the affordable housing segment
Despite demand, apartment sales yet to pick up in city
Oct 25, 2014
CHENNAI : Sales figures have not been all that encouraging for builders
Finance Minister Arun Jaitley Favours Interest Rate Cut: Report
Oct 25, 2014
New Delhi: Finance Minister Arun Jaitley favours a cut in interest rates to trigger demand in the construction sector
No takers for ‘easy’ schemes by desperate developers
Oct 24, 2014
Mumbai: In a bid to beat their blues in the slackened realty market, developers in Mumbai are trying to make the most of the festive season by dangling lucrative easy payment schemes
Housing price: Go for a hard bargain as developers look to dispose unsold inventory
Oct 18, 2014
New Delhi: Defying expectations, the festive season this year has failed to evoke the desired demand in the residential housing space
Real estate to see little sparkle this festival season as sales remain low
Oct 17, 2014
New Delhi: The festive season has failed to brighten the real estate sector, as developers see low sales conversion despite high enquiries
Charges other than interest cost associated with home loans
Oct 15, 2014
In August, lending institutions, such as State Bank of India (SBI) and Housing Development Finance Corp. Ltd, lowered home loan interest rates marginally for new borrowers
Higher lending to realty & infra projects worries RBI
Oct 15, 2014
At 25% of the total non-food credit, banks’ exposure to the infrastructure and real estate sectors is highest compared with other sectors
High inventories force realty price slump in big cities
Oct 14, 2014
A vibrant festive season notwithstanding, things are hardly looking up for the real estate sector
Mid, small size house price rise moderated more: RBI
Oct 11, 2014
The Reserve Bank of India (RBI) said the price of houses in the small and medium size category has moderated more sharply as compared to the large size category
RBI concerned about banks’ exposure to real estate, infrastructure
Oct 09, 2014
The Reserve Bank of India (RBI) is concerned about the extent of banks’ exposure to the real estate and infrastructure sectors, deputy governor R. Gandhi said
Banks do not share RBI's concerns over realty
Oct 07, 2014
Sharp rise in equity, real estate prices raises risk of financial instability in the event of an unanticipated bursting of building equity, real estate bubbles, says RBI
Builders lap up loans despite a slowing real estate markets
Oct 04, 2014
Even as the demand for loans from corporates is slumping to a decade low, commercial real estate and construction are outperforming at nearly triple the average despite slowing real estate market which is raising concerns
Realtors Unhappy Over Status Quo in RBI Monetary Policy
Oct 01, 2014
The Confederation of Real Estate Developers' Associations of India (CREDAI), the apex body of realtors in the country, expressed disappointment over the Reserve Bank's policy to keep key rates unchanged
Cut Home Loan Interest: Credai
Oct 01, 2014
The Confederation of Real Estate Developers’ Associations of India has appealed to the Reserve Bank of India to reduce the home loan interest rates
Rajan Says Real Estate Reasonable, Let's Not Count Aurangzeb Road and Malabar Hill
Sep 30, 2014
Reserve Bank Governor Raghuram Rajan on Tuesday said property prices in the country are not frothy barring a few pockets
Cost of houses pretty high, scope for reduction: RBI's S S Mundra
Sep 24, 2014
Residential property prices in India have a lot of scope for reduction as supplies are sufficient, a top RBI official said
Nod for insurers to buy infra bonds
Sep 13, 2014
Insurance Regulatory and Development Authority (Irda) has allowed insurers to invest in Long Term Bonds for financing infrastructure and affordable housing issued by banks
Fixed-rate home loans back
Sep 05, 2014
ICICI Bank has brought back fixed-rate mortgages. The bank is offering home loans up to 10 years at a fixed rate of up to 10.25%, which is close to 10.15% it charges its floating-rate customers
RBI Deputy Governor R Gandhi asks bankers to be innovative on home loans
Aug 21, 2014
The Reserve Bank of India will encourage banks and individuals to be actively involved in home loan deposits, a savings product that will help showcase the repaying ability of customers seeking to borrow money to buy a house
Housing, infra sector is not starved of bank finance: RBI
Aug 21, 2014
The Reserve Bank of India (RBI) on Wednesday said neither the infrastructure sector nor the housing sector was starved of bank finance
Realty, infra gain as RBI signals cheaper loans to priority sector
Jul 16, 2014
Shares of real estate and infrastructure companies are trading higher by up to 6% after the Reserve Bank of India (RBI) said banks would not have to maintain cash reserve ratio (CRR) or statutory liquidity ratio (SLR) and will not have to meet priority-sector lending targets for funds raised through bonds for extending credit to these sectors.
SBI to start special scheme for children's accounts
May 09, 2014
MUMBAI: Following the Reserve Bank's move to allow minors to open and operate accounts, the State Bank of IndiaBSE 1.04 %, the nation's largest lender, today said it will start a special scheme for children shortly.
Don’t fine floating loan prepayments, says RBI
May 08, 2014
MUMBAI: Providing relief to borrowers, the Reserve Bank of India (RBI) on Wednesday directed banks not to levy any penalty on individual borrowers for prepaying floating loans.
Draw Policy for Assets Deal: RBI
Apr 11, 2014
HYDERABAD: The Reserve Bank of India urged banks with offices abroad to formulate a policy for overseas real-estate transactions.

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