Bangalore will have something like 120,000 flats ready for moving in from 500-600 property developers in Bangalore. Going by the trend, i think it may take sometime for the flats to be fully sold, but in a short time i think all of them get sold off. Great opportunity for investors too.
Archive for March 31st, 2007
RBI Revise the Repo Rate by 25 basis points
March 31, 2007RBI Revise the Repo rate by 25 basis points. Banks will first increase the home loan rates immediately as they will get maximum benefit from 15 – 20 years loans. Citizens will need to pay up more for their existing and new home loans.
India’s Forex Reserve at 195.9 Billion
March 31, 2007India’s Forex Reserve is at 195.9 billion as on today. There is a huge inflow of dollars in Jan to March which accounted for almonst 25 Billion in just 3 months.
BBMP Budget is presented with 3300 Cr+ Outlay.
March 31, 2007With the new budget looking into new infrastructure projects for Greater Bangalore, citizens will be benefitted on the long run. Pay and Park system is back, There is allocation of Rs.5 Crore to tackle the stray dogs menance. The budget looks positive, even their are a series of new cesses introduced along with the taxes [...]
