Global rating agency Fitch today said the likely upturn in the country’s investment climate and reduction in interest rates will improve the property market by the end of March 2016 and provide relief to the debt-ridden developers. “The property development sector (will) be a key beneficiary of reductions in housing loan interest rates by several […]
Investment attracted by the real estate sector from various public and private sources across India have declined by 6 per cent in the last four years, says a survey. The investment fell to Rs 14.3 lakh crore in 2014-15 from a level of Rs 15.2 lakh crore in 2011-12, the survey by Assocham said. Real […]
MUMBAI — India’s property developers are facing the heat. Their debts are high, and they are offering discounts, free parking spots and gifts like gold coins and iPhones to sell apartments says a Reuters report. Normally, such a market should mean buying a house is easier than before, as property rates plunge with excess supply. […]
