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Construction & Infrastructure News

Real estate regulator is a critical need: NHB

May 2013

The Central Registry of Securitisation Asset Reconstruction & Security Interest of India (CERSAI) portal would be open to the public by mid-June, say...

Central Registry of Securitisation Asset Reconstruction & Security Interest of India, RV Verma, National Housing Bank

CREDAI wants RBI to reduce interest rate further

May 2013

In order to reduce the interest payment burden of builders and home buyers, the Reserve Bank of India (RBI) must reduce policy rates further. Confede...

Confederation of Real Estate Developers' Associations of India, CREDAI, repo rate, interest rate, housing, property

CREDAI wants RBI to reduce interest rate further

May 2013

In order to reduce the interest payment burden of builders and home buyers, the Reserve Bank of India (RBI) must reduce policy rates further. Confede...

Confederation of Real Estate Developers' Associations of India, CREDAI, repo rate, interest rate, housing, property

Experts suggest policy steps to boost affordable housing in urban areas

April 2013

Experts suggest the government to liberalise obsolete development norms, rationalise floor area ratio and density in order to address shortage of hou...

affordable housing, real estate, projects, interest rate, loan, investment, urbanisation

CRISIL expects credit quality of India Inc to improve

April 2013

Ratings agency CRISIL expects credit quality trends of Indian companies to improve marginally in 2013-14 on the back of easing demand pressures, soft...

Construction Update, Portal, India, 2013, Exclusive Report, Ratings agency, CRISIL, interest rates, Ramraj Pai, repo rate

Cost of funding for realtors may fall marginally

March 2013

Some industry observers feel that the cost of funding for real estate developers may decline marginally following the reduction in the repo rate by t...

Reserve Bank of India, RBI, Indian Bank, lending, loan, interest rate, banking, liquidity, real estate, finance, investment, developers

Rs 1 lakh interest deduction allowed for low cost housing

March 2013

The Union Finance Minister P Chidambaram proposed to allow an additional tax deduction of Rs 1,00,000 on interest rate for home loans upto Rs 25 lakh...

P Chidambaram, additional tax deduction, interest rate, home loans, Union Budget 2013

Budget 2013 Reaction: Omkar Realtors and Developers Pvt Ltd

February 2013

Reduction in Service Tax Abatement Rate on Rs.1.00 Crore+ apartments is not good. This will be additional burden on consumers. 1% TDS on Property Tra...

Service Tax Abatement Rate, Property Transactions, interest deduction
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