Realty stocks are off their lows and quite a few real estate stocks have outperformed the broader market in the past 12-months, but the sector still seems to be facing financial headwinds. Nothing illustrates this better than the spate of
Foreign investment in the real estate sector may potentially no longer be subject to the statutory three year lock-in period. It is believed that the department of industrial policy & promotion, ministry of commerce & industry, recently circulated a draft
The leveraged asset purchases of Dubai-based wealthy non-resident Indians in the past few years may begin to haunt them, as the collapse of real estate prices in the emirate prompts calls for additional funds as margins which may force them
Home loan interest rates have come down quite significantly over the last one year as the Reserve Bank of India (RBI) cut the key policy rates (repo and reverse repo rates) and the cash reserve ratio (CRR). The RBI adopted
The government today said that the country has received as many as 238 Foreign Direct Investment (FDI) proposals so far this year. "During the year 2009, (up to November), 238 proposals were received," Minister of State in the Ministry of
Delhi based real estate and hospitality company Vatika Group, which raised Rs 1,000 crore from a group of international financial institutions such as Goldman Sachs, Baer Capital and Wachovia Bank in 2007, is in talks to get fresh funds from
Following the correction in commercial realty rates in metros by 20% to 40%, top builders expect sales to improve by 50% in Q3 and Q4 of 2009-10. In the first two quarters of the fiscal, sales of office space rentals
Recklessness seems to have been thrown out of the window. Faced with severe blows in recessionary times, real estate companies are now taking the flight to safety particularly when it comes to taking more people on board. Not only are