Finance Archives - Page 38 of 42

Finance

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September 20, 2012

Impetus on PPP models to fast track the infrastructure projects: Jitin Prasada

Track2Realty: Government is coming out with new PPP models to fast track infrastructure projects, said Jitin Prasada, Union Minister of State for Road Transport and Highways, while inaugurating the Conference on Infrastructure Project Management, organised by Confederation of Indian Industry in New Delhi on Thursday, Sep 20.

Finance

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September 19, 2012

Real estate in Bihar soars despite rate uptrend

Track2Realty: Real estate in Bihar with most of the cities termed as tier-II and III by many of the developers till late, has bucked all trends of slowdown to soar as one of the most promising real estate market. It is not just the new trend of apartments that is catching fancy of the prosperity that is noticeable in many of the urban areas, but even the land rates still continue to soar.

Finance

September 17, 2012

Realty welcomes rate cut with guarded optimism

Realty sector has welcomed the the RBI’s decision of slashing the CRR rates by 25 basis points to 4.50% with a guarded optimism. The statement from the Prime Minister’s Economic Advisory Council (PMEAC) that the RBI move to infuse liquidity in the system is “more potent” than a cut in interest rate and it will help banks expand credit portfolio seems to have few takers in the sector.

Finance

September 17, 2012

Realty sector welcomes CRR cut, but wants lower rates

The real estate industry today expressed hope that a part of Rs 17,000-crore worth liquidity infused by RBI into the financial system would flow into the realty sector.

Finance

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September 17, 2012

RBI’s infusing liquidity more potent than rate cut: PMEAC

Prime Minister’s Economic Advisory Council (PMEAC) on Monday said the RBI move to infuse liquidity in the system is “more potent” than a cut in interest rate and it will help banks expand credit portfolio.

Finance

September 17, 2012

Realty cash crunch may end soon as govt sends positive signs

Sending positive signs from easing the cash crunch for the realty sector, Secretary for Financial Services D K Mittal on Monday, Sep 17, asked the commercial banks to focus on funding partially completed projects on a priority basis and development of projects in small towns.

Commercial

September 15, 2012

CAIT calls for Bharat Bandh on 20th Sep to protest FDI in retail

To protest against the decision of the Union Government to allow FDI in multi-brand retail, the Confederation of All India Traders(CAIT) and Bharat Udyog Vyapar Mandal have called for a Bharat Trade Bandh on 20th September,2012 in which they claim that about 5 crore traders and more than 10 thousand trade associations across the Country will participate.The Traders have appealed all national and regional political parties to extend their support to Bharat Trade Bandh call.

Finance

September 14, 2012

Realty welcomes retail FDI decision

The government’s decision to operationalise FDI in multi-brand retail would help the realty sector as the move would create demand for retail space and boost mall development in the country, real estate developers and property consultants said.

Finance

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September 14, 2012

Knight Frank finds property prices falling in select markets

Declining property sales coupled with stretched balance sheets is bound to remain a concern in the short-term, leading to a moderation in property prices in some markets, says a report by market research firm Knight Frank.

Company News

September 13, 2012

India Realty Excellence Fund invests in Pune project

India Realty Excellence Fund managed by Motilal Oswal Private Equity Advisors, Supreme Universal and Mirchandani Group have invested Rs 60 crore to develop a realty project in the outskirts of Pune.

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