real estate

Subprime effect on Indian markets

Sub prime lending, also called ‘B-Paper’, ‘near-prime’ or ‘second chance’ lending, refers to the practice of making loans to borrowers at interest rates above the prevailing market rates because of their low credit status and increased risk due to either a limited credit history, or histories of payment delinquencies, charge-offs or bankruptcies.

Forget metros, Tier II cities to lead the growth wave

After the top 8 metros of India, its now focus on tier II and III cities as these cities would drive the investment and growth phase of the country owing to the huge unexplored potential in these cities.