The rate at which economy is growing our urban centers shall add at least 100 million people by year 2020 merely on the account of urbanization. To provide housing to so many people India needs to invest a trillion dollars over the next 10 years. This is equivalent to 80 times our education budget allocation for year 2011-12.
As real estate asset values continue to fall, banks may be forced into an unfamiliar role, that of active property portfolio management.
State Bank of India (SBI) is organizing a three day event called SBI Utsav at the bank’s local head office on St Mark’s Road in Bangalore. The second edition of the loan utsav will be flagged off on Friday. The event is powered by the Times Red Cell. The bank will showcase a bouquet of [...]
Most banks lending for homes are only interested in providing mortgages to people who have a fixed annual or monthly salary and their important criteria for assessment is based upon the amount that is earned. The presumption is that only these people are capable of meeting their repayment options without default.
Corporate lineage in realty-I
Most awarded yet least reliable; realty awards misleading-III
Connaught Place main street rentals increase by 12%; Noidsa’s mall rise 10%: Cushman & Wakefield
Omaxe Limited promoters to dilute stake on May 21 at Rs. 148 per share
Most awarded yet least reliable; realty awards misleading-II
Promoter or professional driven-III
