User: divya_rrs Topic: Bombay
Category: Real Estate
Last updated: Aug 22 2014 09:50 IST RSS 2.0
 
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RBI Deputy Governor R Gandhi asks bankers to be innovative on home loans 20.8.2014 ET: Policy
In his speech, Gandhi lambasted real estate developers for flaying the bankers and the cautious stance of the RBI for their liquidity issues.
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There’s scope for housing prices to come down: SS Mundra 20.8.2014 HBL: Home
Loan growth to realty sector has been quite robust, says RBI Deputy Governor
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RBI asks bankers to be innovative on home loans 20.8.2014 DNA: Wide Angle
Reserve Bank Deputy Governor R Gandhi on Wednesday asked lenders to be more financially innovative in designing home loan products and suggested creation of a periodic deposit-linked facility. "There is a need with respect to financial innovation, with respect to loan products. One such product would be savings-induced home loans or a home loan deposit," Gandhi told a gathering of realty players here. Gandhi, who handles banking operations and development at the central bank, said such a product will help lenders understand their customers in a better way on parameters like repayment capacity and also make the margin money available for the property purchase. "The willing customers may be induced to generate a savings balance by way of monthly or periodic deposits," he said, adding that home loan can be sanctioned after the deposits reach a certain threshold. The amount deposited by the customer can act as the margin money for the down payment or as a collateral, he said, adding, if implemented, the ...
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Sensex closes in red; oil stocks fall 20.8.2014 New Kerala: Business India
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Sensex closes in red; oil stocks fall (Roundup) 20.8.2014 All News-IANS Stories
A benchmark index of Indian equities markets closed Wednesday's trade down 106.38 points or 0.40 percent as oil and gas stocks dipped.
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Banks directed to bring in more innovation in home loan products, deposits 20.8.2014 HBL: Home
RBI has asked banks to bring in more financial innovation into the home loan products and deposits induced by way of savings. Speaking at a Real estate banking conclave, R Gandhi, Deputy...
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Housing, infra sector is not starved of bank finance: RBI 20.8.2014 All Finance Stories
The Reserve Bank of India (RBI) today said the neither the infrastructure sector nor the housing sector is starved of bank finance
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RBI deputy gov says cbank tweaking policies for affordable housing 20.8.2014 Sify Finance
MUMBAI (Reuters) - The Reserve Bank of India (RBI) is tweaking its policies recognising the need for affordable housing and other essential real estate sectors, Deputy Governor R. Gandhi said on
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DLF to pare debt to Rs 12,000-14,000 crore by FY17 20.8.2014 ET: Finance / Insurance
Realty major DLF plans to reduce its debt to Rs 12,000-14,000 crore by FY17 through asset monetisation and increasing cash-flows from sales.
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Government to raise 5 per cent interest subvention scheme by 5-fold for poor 20.8.2014 ET: Economy/Finance
The government shares the interest burden on a loan for the particular target segment and such schemes exist of a slew of sectors, including the agriculture.
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DLF to Pare Debt to Rs 12,000-14,000 Cr by FY17 20.8.2014 newindianexpress.com
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Cost of Houses Pretty High, Scope for Reduction: RBI's Mundra 20.8.2014 newindianexpress.com
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New amendments to Sebi Act will help curb insider trading: Sebi Chairman UK Sinha 20.8.2014 TOI: All Headlines
New amendments to Sebi Act will help curb insider trading: Sebi Chairman UK Sinha
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Deputy governor R. Gandhi says Reserve Bank of India tweaking policies for affordable housing 20.8.2014 ET: Policy
The RBI will also periodically review the definition of affordable housing to account for inflation, Gandhi said in his address at an industry event.
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Raheja Developers planning IPO in a year 20.8.2014 HBL: Home
Riding high on the revival in the real estate market, realty player Raheja Developers plans to go public in the next one year, a top company official said. “We have seen some revival in t...
Sensex down 76 points on profit-booking 20.8.2014 TOI: All Headlines
Sensex down 76 points on profit-booking
Home loans for poor set to get cheaper 20.8.2014 TOI: All Headlines
Home loans for poor set to get cheaper
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Sensex, Nifty Retreat From Highs as Markets Log First Drop in 7 Days 20.8.2014 newindianexpress.com
Sensex fell 106.38 points to end at 26,314.29 on profit taking at record high levels, amid mixed global cues.
Rs.16 tn needed to achieve housing for all by 2022: Study 20.8.2014 Sify Finance
Over Rs.16 trillion ($260 billion) will be needed as investment every year if the central government's goal of 'housing for all by 2022' is to be achieved, a report by the KPMG-National Real Estate Development Council says.
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Rs.16 tn needed to achieve housing for all by 2022: Study 20.8.2014 New Kerala: India News
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