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	<title>India Properties - Real Estate India - Indian Property News Site &#187; Banking and Finance</title>
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	<description>Indian Property News Site with Latest Properties News and Updates on Real Estate News in India - Get Instant Property News Alerts and Enter Discussion Forum</description>
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		<title>Banks now help you spot that dream home</title>
		<link>http://www.indianrealtynews.com/banking-and-finance/banks-now-help-you-spot-that-dream-home.html</link>
		<comments>http://www.indianrealtynews.com/banking-and-finance/banks-now-help-you-spot-that-dream-home.html#comments</comments>
		<pubDate>Sun, 13 May 2012 07:30:53 +0000</pubDate>
		<dc:creator>MANOJa</dc:creator>
				<category><![CDATA[Banking and Finance]]></category>
		<category><![CDATA[http://www.indianexpress.com/news/banks-now-help-you-spot-that-dream-home/948305/0]]></category>

		<guid isPermaLink="false">http://www.indianrealtynews.com/?p=10248</guid>
		<description><![CDATA[The lengthy process of buying your dream home begins with the most critical aspect — identifying the property and while your local broker may have been your dependable man to do that till a few years ago, that is not the case any longer. Most banks and housing finance companies (HFCs) now offer property search services giving you an option to deal with an institution that has benchmarked practices. Lenders such as HDFC, ICICI Home Finance Company and Indiabulls Financial Services have property search divisions that help home buyers identify properties and also organise property visits and help with legal documentation. “The benefits that you get while dealing with an [...]]]></description>
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		<title>Finance Ministry working on safeguards against abuse of ECB in realty</title>
		<link>http://www.indianrealtynews.com/banking-and-finance/finance-ministry-working-on-safeguards-against-abuse-of-ecb-in-realty.html</link>
		<comments>http://www.indianrealtynews.com/banking-and-finance/finance-ministry-working-on-safeguards-against-abuse-of-ecb-in-realty.html#comments</comments>
		<pubDate>Mon, 23 Apr 2012 15:41:51 +0000</pubDate>
		<dc:creator>MANOJa</dc:creator>
				<category><![CDATA[Banking and Finance]]></category>
		<category><![CDATA[http://www.track2realty.com/finance-ministry-working-on-safeguards-against-abuse-of-ecb-in-realty]]></category>

		<guid isPermaLink="false">http://www.indianrealtynews.com/?p=9766</guid>
		<description><![CDATA[The Finance Ministry is building safeguards to ensure realty companies do not misuse the external commercial borrowing (ECB) window announced in the Budget by diverting the money. According to sources the modalities are being worked out for implementation of the Budget announcements. These were likely to specify the projects and also the developers who would be allowed to utilise the ECB facility. The Finance Ministry has cleared the way for implementation of the ECB announcements for power, roads and airlines. For affordable housing, the go-ahead is expected in two weeks. Noting ECB is not allowed in real estate as a general rule but the Budget had proposed to allow these [...]]]></description>
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		<title>Bank lending to commercial realty rises by 9% in February</title>
		<link>http://www.indianrealtynews.com/banking-and-finance/bank-lending-to-commercial-realty-rises-by-9-in-february.html</link>
		<comments>http://www.indianrealtynews.com/banking-and-finance/bank-lending-to-commercial-realty-rises-by-9-in-february.html#comments</comments>
		<pubDate>Sat, 21 Apr 2012 08:31:47 +0000</pubDate>
		<dc:creator>MANOJa</dc:creator>
				<category><![CDATA[Banking and Finance]]></category>
		<category><![CDATA[http://www.realtyplusmag.com/rpnewsletter/fullstory.asp?news_id=19917&cat_id=2]]></category>

		<guid isPermaLink="false">http://www.indianrealtynews.com/?p=9710</guid>
		<description><![CDATA[April 20, 2012 Banks&#8217; lending to the commercial real estate sector grew 9 per cent in February 2012 compared to February 2011, as risk-averse fund houses continued to seek a higher rate of return and invest in smaller deals. According to the Reserve Bank of India (RBI) data, banks sanctioned about 1.2 lakh crore in loans to the sector in February 2012 against Rs 1.1 lakh crore in February 2011. The year-on-year growth in January was 12.1 per cent. Banks normally charge an interest rate of 13-16 per cent compared to 20 per cent or higher sought by fund houses, making bank lending attractive for builders seeking funds for project [...]]]></description>
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		<title>Venture capitalists, private equity connect with property sites</title>
		<link>http://www.indianrealtynews.com/real-estate-india/venture-capitalists-private-equity-connect-with-property-sites.html</link>
		<comments>http://www.indianrealtynews.com/real-estate-india/venture-capitalists-private-equity-connect-with-property-sites.html#comments</comments>
		<pubDate>Fri, 20 Apr 2012 07:46:02 +0000</pubDate>
		<dc:creator>Indian Realty News</dc:creator>
				<category><![CDATA[Banking and Finance]]></category>
		<category><![CDATA[Real Estate India]]></category>

		<guid isPermaLink="false">http://www.indianrealtynews.com/?p=9697</guid>
		<description><![CDATA[BANGALORE: Marquee venture capitalists (VCs), which have stayed away from funding real estate developers, are warming up to the digital property market. Facebook investor Accel, along with private equity (PE) firm SAIF Partners, have made a$5-million growth investment in PropTiger, an online property marketing start-up targeting first-time homebuyers. This follows Indian Angel Network&#8217;s $1-million equity investment in Groffr, a groupbuying portal for properties, and Helion Venture Partners pumping $12 million into e-broker India Homes. Three American venture capitalists Canaan Partners, Mayfield and Bessemer Venture Partners have jointly invested $20 million in Consim Info, which also owns online portal IndiaProperty. &#8220;Portals are engaging customers with technology to disrupt the property buying [...]]]></description>
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		<title>Choose your payment plan carefully</title>
		<link>http://www.indianrealtynews.com/banking-and-finance/choose-your-payment-plan-carefully.html</link>
		<comments>http://www.indianrealtynews.com/banking-and-finance/choose-your-payment-plan-carefully.html#comments</comments>
		<pubDate>Sat, 31 Mar 2012 08:38:05 +0000</pubDate>
		<dc:creator>fritolay_ps</dc:creator>
				<category><![CDATA[Banking and Finance]]></category>

		<guid isPermaLink="false">http://www.indianrealtynews.com/?p=9249</guid>
		<description><![CDATA[Buyers should look into the developer&#8217;s delivery record before deciding on the payment plan When investing in a property that is under construction, under construction, buyers should carefully consider the different payment plans being offered by developers. Keep your financial position in mind before choosing one. Down payment plan In a down payment plan, buyers are required to make payment of around 90% to 95% of the total purchase price, either at the time of booking or within a short period afterwards. Around 10% to 15% of the total purchase price constitutes booking advance or earnest money. The down payment plans offer an attractive option to buyers, given that most [...]]]></description>
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		<title>Kotak Realty to invest Rs 120 crore in Parsvnath Developers</title>
		<link>http://www.indianrealtynews.com/banking-and-finance/kotak-realty-to-invest-rs-120-crore-in-parsvnath-developers.html</link>
		<comments>http://www.indianrealtynews.com/banking-and-finance/kotak-realty-to-invest-rs-120-crore-in-parsvnath-developers.html#comments</comments>
		<pubDate>Thu, 22 Mar 2012 04:26:34 +0000</pubDate>
		<dc:creator>MANOJa</dc:creator>
				<category><![CDATA[Banking and Finance]]></category>

		<guid isPermaLink="false">http://www.indianrealtynews.com/?p=8929</guid>
		<description><![CDATA[BANGALORE &#124; NEW DELHI: Parsvnath Developers is raising Rs 120 crore from Kotak Realty Fund for a new 100-acre integrated township project on Sohna Road in Gurgaon. Kotak Realty fund will get a 20% stake in the special purpose vehicle that will develop the yet unnamed project, more than one person in the know of the deal said. The project will be largely residential in nature with some commercial and retail developments, and will be launched in the next two months. &#8220;The land for the project has been aggregated by Parsvnath over many years and at approvals are being taken to launch the project,&#8221; said the person. A senior executive [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<title>FM asks for foreign asset details and TDS on property sale</title>
		<link>http://www.indianrealtynews.com/banking-and-finance/fm-asks-for-foreign-asset-details-and-tds-on-property-sale.html</link>
		<comments>http://www.indianrealtynews.com/banking-and-finance/fm-asks-for-foreign-asset-details-and-tds-on-property-sale.html#comments</comments>
		<pubDate>Sat, 17 Mar 2012 05:46:00 +0000</pubDate>
		<dc:creator>fritolay_ps</dc:creator>
				<category><![CDATA[Banking and Finance]]></category>
		<category><![CDATA[http://business-standard.com/india/news/fm-asks-for-foreign-asset-detailstdsproperty-sale/468046/]]></category>

		<guid isPermaLink="false">http://www.indianrealtynews.com/?p=8772</guid>
		<description><![CDATA[FM asks for foreign asset details and TDS on property sale The finance minister has taken a step forward to tackle the black money menace by allowing reopening of assessment up to 16 years for overseas assets. And, individuals are mandated to report such assets. Currently, the time limit for reopening assessment is six years (Section 149) for unassessed foreign income. But it is insufficient. “It is proposed to amend Section 149 to increase the time limit to 16 years, for income from assets outside India that is chargeable to tax. Amendments are also proposed in Section 147 for income to have escaped assessment for assets overseas,” says the Budget [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<title>Your loan rates are unlikely to fall soon</title>
		<link>http://www.indianrealtynews.com/banking-and-finance/your-loan-rates-are-unlikely-to-fall-soon.html</link>
		<comments>http://www.indianrealtynews.com/banking-and-finance/your-loan-rates-are-unlikely-to-fall-soon.html#comments</comments>
		<pubDate>Fri, 16 Mar 2012 12:30:29 +0000</pubDate>
		<dc:creator>MANOJa</dc:creator>
				<category><![CDATA[Banking and Finance]]></category>
		<category><![CDATA[http://www.dnaindia.com/money/report_your-loan-rates-are-unlikely-to-fall-soon_1662967]]></category>

		<guid isPermaLink="false">http://www.indianrealtynews.com/?p=8757</guid>
		<description><![CDATA[The Reserve Bank of India (RBI) let pass an opportunity to cut the repo rate on Thursday, keeping it unchanged at 8.5% going into Budget Day, as inflation reared up for the first time in five months. Recent growth-inflation dynamics have prompted it to indicate that no further tightening is required and that future actions will be towards lowering the rates, the apex bank said in a statement post its monetary policy review. It noted, however, that inflation risks remain notwithstanding the deceleration in growth, which will influence both the timing and magnitude of future rate actions. Headline inflation weighed in at 6.95% in February, increasing for the first time [...]]]></description>
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