Dr Reddy Decision
People who are disappointed by the RBI decision to hold rates, especially since it is now more fashionable to cut rates are not right. But, Dr Reddy is doing the sensible thing, say experts. As the...
View ArticleLoans to get cheaper as SBI cuts rate again
SBI has decided to cut the home loan repayment rate. After going up for months, EMIs are set to come down. This follows a decision by four public sector banks, led by SBI, to cut their prime lending...
View ArticleGovt Recognizes Public Demand For Lower Home Loan Rates
The government on Thursday acknowledged that there is public demand that interest rates on home loans up to Rs 20 lakh should be slashed, but said it is for the banks and RBI to take a call. During his...
View ArticleInvestors Searching Different Investment Options
The pursuit of higher returns, as the stock market tanks, has investors searching different other investment options outside the conventional bank deposits. One such avenue that has caught the interest...
View ArticleMarket slowdown Affects Hotel Development
With real estate stocks being hit adversely by the market slowdown, the phenomenon is expected to have a spiraling effect on hospitality development in India. Most real estate majors with a series of...
View ArticleBorrowers will have to wait for lower lending rates
According to HDFC chairman Deepak Parekh, lending rates would ease only after deposit rates come down, which will take some time to happen. The statement comes at a time when most people hoped that...
View ArticleNo slowdown in realty projects
Mahindra and Mahindra on Monday said there is no slowdown in its real estate projects, even as there is a slump in demand. “We are not slowing down on any of our projects. Jaipur is rocking, Chennai is...
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Home buyers to return back
Home buyers could arrive back in the Indian real estate market in force after the Reserve Bank of India reduced rates and the cash-reserve ratio requirement. The bank slashed the repo rate by 100 basis...
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