Posted on November 6, 2008 by overseaspropertyinvestor
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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 [...]
Filed under: Global Property News, India Property | Tagged: property, overseas property, properties, Property Investing, off plan property, india, indian property, property news, indian real estate | 1 Comment »
Posted on November 4, 2008 by overseaspropertyinvestor
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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 [...]
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Posted on October 31, 2008 by overseaspropertyinvestor
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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 [...]
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Posted on October 29, 2008 by overseaspropertyinvestor
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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 [...]
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Posted on October 22, 2008 by overseaspropertyinvestor
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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 [...]
Filed under: Global Property News, India Property | Tagged: credit crisis, india, indian property, property, Property Investing, real estate | Leave a Comment »