
India real estate and the US credit rating cut
The US credit rating cut and uncertainties about Europe’s debt situation is a cause concern.
The US credit rating cut and uncertainties about Europe’s debt situation is a cause concern.
DLF on Tuesday, August 2, reported a 12.81 per cent decline in its consolidated net profit for the first quarter ended June 30 at Rs.358.36 crore.
India’s real estate sector will be among the worst hit by the Reserve Bank of India’s decision to raise key interest rates, experts have said.
The RBI move to raise the repo rate by 50…
Leasing activity continued to remain strong in suburban micro-markets of Delhi – NCR, while the CBD and SBD saw moderate activity.
Singapore’s Lion Global Investors, which manages about S$29 billion ($24 billion), said on Thursday, July 15, it was turning bullish on Indian stocks and Wednesday’s bomb attacks in the country’s financial capital would not change its view.
Though the Reserve Bank of India has laid out strict due diligence standards for banks for sanctioning loans to the real estate sector, industry experts believe lending to the sector will not decline.
Standard & Poor’s Rating Services on Monday, July 4, said the surge in real estate prices in some pockets in India could emerge as a credit risk for banks.
Oberoi Realty plans to expand its land holdings in key cities as debt-laden rivals struggling with rising costs and slowing sales look to cut assets.
The Reserve Bank’s decision to raise key policy rates by 25 basis points today is likely to have a negative impact on the real estate sector.