SBI: Home-loan queries jump thrice since rate cut
HYDERABAD (INDIA): State Bank of India (SBI) is leaving no stones unturned to kick-start the credit offtake, and last week’s steep 0.90 bps lending rate cut has resulted in a… Read more »
Author Archives: By TGR Team
NGT asks MoEF not to act under new notification on exempting realty projects from green nod
NEW DELHI (INDIA): The National Green Tribunal (NGT) took the Ministry of Environment and Forests (MoEF) to task over its recent notification exempting real estate projects from obtaining prior environmental… Read more »
Vancouver home sales plunge for fifth consecutive month in December
By: Nicole Mordant Vancouver-area home sales, hit by a tax on foreign buyers, fell for the fifth month in a row in December, dropping nearly 40 percent compared to the… Read more »
Brazil home prices rise in December for 10th straight month
By: Ana Mano SAO PAULO: Brazilian home prices rose for the tenth straight month in December, giving builders and banks some hope the worst of a multi-year market downturn is… Read more »
Norway’s housing inflation at nine-year high in December
By: Camilla Knudsen | Ole Petter Skonnord OSLO: The inflation in Norway’s housing prices accelerated to 12.8 percent year-on-year in December, the highest rate since mid-2007, real estate industry data… Read more »
Bank of Baroda reduces lending rates by up to 75 bps
MUMBAI (INDIA): State-run Bank of Baroda on Thursday said it has reduced it marginal cost of funds based lending rate (MCLR) by up to 75 basis points across various tenors…. Read more »
U.S. apartment vacancy rate dips in fourth quarter
By Shashwat Awasthi BENGALURU: The U.S. apartment vacancy rate declined in the fourth quarter, while rent growth slowed to its lowest since 2009, according to a report from Reis Inc…. Read more »
China home prices, property investment likely to rise in 2017
By Yawen Chen, Michael Martina BEIJING: China’s average home prices are forecast to rise 4.1 percent in 2017 from the previous year, while growth in property investment would rise 5.4… Read more »
Union Budget 2017-18:Real Estate’s expectations from Modi government
Provide clarity on beneficiaries under Pradhan Mantri Awas Yojana The Narendra Modi government recently announced that interest rates of 3% would be applicable on loans of up to Rs. 12… Read more »
Japan to assist in making Chennai, Ahmedabad and Varanasi Smart Cities
NEW DELHI (INDIA): Japan has decided to be associated with the development of Chennai, Ahmedabad and Varanasi as smart cities. This was today conveyed by Japan’s Ambassador to India Kenji… Read more »