Real Estate & Mortgage News in India from Propertyshowrooms.com

Interest rates have peaked, says HDFC's Parekh

Wed, 10 Sep 2008 00:00:00 GMT

With inflation moderating slightly in recent weeks, HDFC chairman, Deepak Parekh, hoped that there would be no further interest rate hikes even though there was a feeling in the market that the peaking interest rates could go up by another 0.5 per cent...

Few takers for reverse mortgage scheme

Wed, 10 Sep 2008 00:00:00 GMT

State Bank of India alone has extended a majority of the 1,900 loans. The National Housing Bank, which developed the scheme that is meant for people aged above 55 years, feels that the poor show is due to the lack of awareness among senior citizens, who number stands at 76 million according to the 2001 census data, and lack of enthusiasm on the part of the banks...

Real estate prices in bubble zone

Wed, 30 Jul 2008 00:00:00 GMT

The question that bothers a lot of prospective home buyers is whether they will miss the bus if they wait any further. However, the right question should be: Can I afford to buy a house today? Even if you are one of those blessed ones, the thought should be: Is it a fair price for...

Dip in Mumbai property market prompts developers to offer freebies

Wed, 9 Jul 2008 00:00:00 GMT

The property market in Mumbai is reporting a dip in house prices and rentals, with those in the suburbs the worst affected...

Emaar MGF looks at pvt equity funding

Wed, 2 Jul 2008 00:00:00 GMT

New Delhi: Emaar MGF, a joint venture between MGF Development Ltd and Emaar Properties PJSC of Dubai, is open to private equity funding at the overall company level, even while it explores a 'tranche approach' for special purpose vehicle related financing. The real estate company had withdrawn its initial public offering following market turmoil earlier this...