Property News from IndianRealtyNews

Property News from IndianRealtyNews

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DLF Stocks Fall on Sebi’s IPO Probe

Posted: 24 Oct 2011 07:57 PM PDT

Shares of India’s largest real estate player DLF fell over 2% on the bourses after capital market regulator Securities and Exchange Board of India (Sebi) said it would probe the allegations a Delhi businessman against the realty major. The stock fell by 2.7 % to end Friday at Rs 225 on BSE, after plunging by [...]

RBI Hikes Repo Rate by 25 bps: Home Loan to Get Costlier

Posted: 24 Oct 2011 07:04 PM PDT

The RBI on Tuesday hiked repo rate by 25 basis points. It said likelihood of rate action in December mid-quarter review was “relatively low”. The central bank also deregulated savings bank deposit rate with immediate effect. The 13th hike since March 2010 will make home and auto loans costlier with banks likely to pass on [...]

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