Link home loans to stages of construction: RBI tells banks
Mumbai: The Reserve Bank of India (RBI) on Tuesday asked banks to link the disbursal of home loans to stages of construction to protect the interests of buyers and contain the fallout of “innovative”
Making short work of home loans
This festival season may turn out to be a very happy one for people planning to own a house as many of the leading banks are offering reduced interest rates to attract customers. Led by the country’s
Jayalalithaa raises home loan ceiling
In a move that could cheer state government employees, chief minister J. Jayalalithaa on Saturday increased the housing loan ceiling and medical insurance cover for government employees.
Considering
Jayalalithaa raises home loan ceiling
In a move that could cheer state government employees, chief minister J. Jayalalithaa on Saturday increased the housing loan ceiling and medical insurance cover for government employees.
Considering
Interest subsidy on home loans soon?
In a bid to help low and medium income households to own their own dwellings, the government is likely to announce one per cent of interest subsidy on housing loans up to Rs15 lakh with cost of the ho
Cement comapnies to cut costs
Indian cement companies are looking at trimming costs as a bearish trend in the realty market and slo-wer pace of infrastructure projects led to slow off-take in sales in the most crucial summer seaso
CBI, BoM cut home loan rates by 0.25 per cent, waive processing fee
To prop up the sagging home loan market, state-run lenders Central Bank of India (CBI) and Bank of Maharashtra (BoM) have announced interest rate cuts by up to 0.25 per cent on select loans and to wai
No hurry for sweet home
It’s the thick of the festive season, the time of the year when discounts are available for almost any service or product. Property is no different.
In spite of the rising interest rate scenario, wh
SBI extends teaser home loans scheme
State Bank of India (SBI) on Thursday extended its controversial special interest rate home loans product (teaser loans) till further notice.
The product, which has faced flak from the sector regula
RBI caps home loan at 80%
Dec. 23: Concer-ned over excessive flow of banking funds to the real estate sector, the Reserve Bank on Thursday said that lenders will provide loans only up to 80 per cent of the cost of property. Fo