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Park Lane Property Advisors

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  • Business

Home buyers wait, expect more price cuts

Despite more than a 20 per cent fall in prices of houses in new projects, a majority of home buyers are looking for a further price reduction, a survey by an international brokerage shows. Nearly......

Retail loan rates come a full circle

1998: HDFC's fixed home loan (the concept of floating rate was introduced in 1999) rates were 13-17 per cent for houses costing less than Rs 10 lakh (Rs 1 million). Above that, the rates were over......

Home loan rates may fall further

For the past two years, interest rates have been moving northwards, forcing many potential home buyers to either postpone their buying decision or bear the brunt of high home loan costs. Add to......

Commercial realty booms in tier-III cities

The commercial real estate sector has been booming in the last few years, driven by the high demand from corporates, especially IT and ITeS companies. However, with property prices skyrocketing in......

Unfinished home properties get costlier

Costs rose from Thursday for buyers of under-construction properties because of the imposition of a service tax on builders. Last week, the Central Board of Excise and Customs notified that a......

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