The arrogance of financial institutions and CIBIL

By Accommodation Times News Services CIBIL along with associated financial institutions plot to choke credit by deterring loan seekers  Credit Information Bureau (India) Limited, CIBIL, a credit bureau which maintains credit records of the public, with its strategy is inadvertently fashioning stringent measures to curb the liquidity flow for loans. This spells

The Arrogance of Financial Institutions and CIBIL

By Ubaid Parkar Credit Information Bureau (India) Limited, CIBIL, a credit bureau which maintains credit records of the public, with its strategy is inadvertently fashioning stringent measures to curb the liquidity flow for loans. This spells out tougher guidelines through which credit can be acquired and includes housing loans as well.

Institutional Flow of Funds to Indian Real-Estate: Trends

By Ravindra Pai, Managing Director, Century Real Estate. Introduction Indian real estate sector has been one of the most preferred investment destinations for institutional investors in recent times. According to an industry report, the real estate sector attracted $30 billion in institutional investments from 2008 to 2018. Indian real estate industry has

Telangana government goes for new financial districts

By Accommodation Times News Service The demand from the Corporates, Banks and other financial services institutions is taking a huge leap in the growth making Telangana government to develop 50acres spread financial district. It seems that 75-acre of the district hub is completely saturated. Information Technology Secretary Jayesh Ranjan said, Ahmedabad has

IFC will invest Rs 135 crore Grameen Koota Financial Services

By Accommodation Times News Services International Finance Corporation (IFC), the World Bank’s private-sector lending arm, will invest up to Rs 135 crore in microlender Grameen Koota Financial Services Pvt Ltd via debt. The bank is raising funds to provide more loan borrowers who are in need of loans. IFC said, the investment

Rural Housing to get big financial boost soon: Birender Singh

By Accommodation Times News Services Union Rural Development Minister Birendra Singh, while speaking at a workshop for Affordable Rural Housing Technology, asserted that to build a decent and livable house and called for significant enhancement of Central allocation for rural housing scheme in tune with the recent hike for urban houses. The Ministry

MMRDA seeks financial support from World Bank

MMRDA seeks financial support from World Bank for the transport projects A detailed presentation made to the World Bank Country Director Mumbai, July 20, 2010 – The Mumbai Metropolitan Region Development Authority (MMRDA) today made a detailed presentation to the World Bank Country Director Mr.Roberto Zagha, seeking financial backing for

Fund Raising for Housing Finance Institutions

Introduction The staggering dimension of the housing storage in the country, urban as well as rural can never be solved by devising ad-hoc solutions. Long term goals and strategies are needed to solve this eternal problem. The government fully understand that we need enormous funds to solve these hydra headed problems.