Realtors

Realtors, brokerages can run banks if deemed fit, proper

The final guidelines by the Reserve Bank made a climbdown from the initial stance, which in the draft norms issued in August 2011, had virtually barred Realtors and Brokerages from its eligibility criteria.

Home buyers vs builders: Whose side are you on, Mr FM?

The finance ministry wants credit to real estate eased even before developers bring down prices. This will not help revive the industry or encourage home buying

Realtors hail consistency in rate cut, but stocks down

Even though the real estate stocks were trading down after the RBI sounded hawkish in its guidance, the realtors' body Credai welcomed the repo rate cut by 25 basis points, and called for continuing the trend by the Reserve Bank of India to pave way for easy financing of the housing industry.

With a little South Indian push, luxury boats sales ahead full steam

Guess who are buying these products? Realtors from Hyderabad, jewellery chains from Kerala, miners from Bangalore and also businessmen from Chennai.

Maharashtra realtors want reduction of stamp duty

Recalling that Chavan promised developers in a joint meeting a few months ago that the government would give top priority to affordable and mass housing, Gundecha pointed out that any hike in the duty would dampen buyer-sentiment.

Real estate biggies all set to woo foreign retailers

The Parliament's approval of FDI in retail has already set India's realtors busy who are counting on huge anchor tenants for shopping centres. For it is only the likes of Wal-Mart that can help raise unaffordable realty prices even more.

Why bullishness on Indian real estate is misplaced

Here are some reasons why the housing sector, be it home financing or the residential market, will not grow at the ambitious targets set by several experts. Unless the builder or the investor is willing to take a cut on his profits, the housing market in India is not going to grow.

Realtors to capitalise on poor infra in education sector

The education sector provides realtors with an opportunity to diversify into non-core business which is largely insulated from economic performance of the marketplace

Why realtors' funding woes may end soon

Secretary for Financial Services D K Mittal has asked the commercial banks to focus on funding partially completed projects on a priority basis and development of projects in small towns.

CCI probes realty body Credai, builders for alleged collusion

The Competition Commission of India (CCI) is investigating at least 20 builders and builders body Confederation of Real Estate Developers' Associations of India (CREDAI) for entering into one-sided agreements with buyers and for allegedly colluding with each other to arm-twist them.<br />