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| ID: | 47912 | | Title: | Realty Market Recovery Hinges on Lower Rates - http://www.indiarealestateblog.com/?p=2236 | | Description: | Source:http://www.indianrealtynews.com
Recovery in the Indian property market in the next six months hinges on lower home-loan rates to entice first- time buyers.
“Mortgage rates in India are at 12 percent to 13 percent, about twice what they are in China. That is unrealistic,’’ Rajiv Singh, 49, vice chairman of DLF, said in an interview. “If rates are [...] | | Category: | Real Estate Feeds | | Link Owner: | | | Date Added: | November 24, 2008 05:55:06 AM | | Number Hits: | 0 | | |
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