Property News from IndianRealtyNews

Property News from IndianRealtyNews

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RBIs Move will Impact Developers Attempting to Hold on to Higher Prices

Posted: 09 Feb 2010 08:25 PM PST

The Reserve Bank of India's (RBI) recent move to discourage bank lending to the real estate sector may not have a clear cut impact on the ground, but the message is strong. With the Indian central bank ruling out another round of restructuring of real estate loans, those developers attempting to hold on to higher [...]

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