Indian Bailout Package - Demands:
1) Cut in interest rate for both developers and home buyers2) Infusion of liquidity - more credit for the realty
3) Re-schedule loans by at least one year
4) Restore 80 I B of the Income Tax Act
5) Reduce the risk weightage of real estate from 150 to 100
6)Force reluctant banks to lend to real estate sector!
indianrealtynews
Subscribe for free to receive hot Pune real estate news, views and reviews:
1) Ravi Karandeekar's Pune Real Estate Market News Blog2) Ravi Karandeekar's Pune Real Estate Investment Blog
3) Ravi Karandeekar's Pune Real Estate Advertising and Marketing Blog
4) Ravi Karandeekar's Pune Real Estate Blog
5) Please, feel free to call me on my mobile +91 98600 44110! I enjoy talking, sharing my views and giving advice about buying property in Pune real estate market (so i do not charge anything for the first 8 minutes!)
6) Please, join me on Friendfeed, to share news articles, family photos, interesting links and videos and let us discover and discuss information!
Visit Ravi Karandeekar's Pune Real Estate Blog Group and join for free to receive updates of all blogs!
real estate Indian real estate Pune real estate Pune news Pune news Pune real estate news Pune real estate market Pune real estate market news blog Pune real estate blog Pune property blog Pune realty Pune real estate investment Pune real estate marketing upcoming and ongoing real estate projects in Pune current property rates in Pune latest real estate prices Ravi Karandeekar 91 98600 44110 Friendfeed Ravi Karandeekar\'s Pune Real Estate Blog Group Google Groups
why rate cut why not price drop?
ReplyDeleteIf stock drops, its ok even if genuine investors loose, but real estate prices shouldn't drop because those stupid builders will have to give back all they loot!