Indian property developers lure investors with free gifts – news for overseas property investors

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Indian builders hit by slipping profits are offering free cars and gold to kickstart once-booming demand but experts warn the gimmicks may not keep the housing industry afloat.
The gifts range from Toyota four-wheel drives to gold coins and foreign vacations.
“The response has [...]

UAE property firms eye the Indian property market – news for overseas property investors

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Real estate firms in the UAE set sights on Indian property sector, as its poised to clock a 30 per cent growth rate in 2008. India’s real estate is said to be worth about $16 billion and is estimated to reach $60 [...]

Indian Banks NEED To Act To Stop Property Slide – news for overseas property investors

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The Reserve Bank of India needs to cut rates to halt the deepening property downturn and shore up economic growth, analysts are warning.
The country’s annual inflation rate has fallen to a four month low and it could be in single digits before [...]

Indian Property Developers Struggle During Crisis – news for overseas property investors

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Struggling real estate companies in India are beginning to secure finance for the future but at much higher rates amid fears that property projects will be cancelled.
The global credit crunch has taken the sheen off large property firms, with DLF and Unitech, two [...]

Property investors in India forced to sell at a loss by global downturn

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Young property investors in India are selling at a loss because they can no longer afford to pay the interest and costs associated with owning multiple properties.
The global downturn has set off a panic reaction, inducing investors to close deals at losses. It has become almost [...]