After analyzing the existing market scenario, a renowned property analyst has raised major concerns over the dipping prices in November and anticipated that 2011 is likely to witness the lowest levels

There is a great possibility that demand of fresh home loans and increase prepayments could decline due to an increase in the interest rates.

Housing finance supervisory body National Housing Bank (NHB) stated that the proposed mortgage guarantee firm is likely to be functional by the end of the existing financial year.

After the Reserve Bank of India declared an increase of a 25-basis point in key rates, cost of housing will likely go up as developers will now have to pay more interest on the borrowed money.