Recently, the home loans market is witnessed shift as the Reserve Bank of India (RBI) made efforts to tame inflation. After withdrawing their teaser loan schemes earlier, the leading banks have hiked prime lending rates and their floating rates, particularly for their existing customers. However, since the principal burden is higher during the initial years […]
Tag: Home Loan
Checklist for NRIs Willing To Invest In Real Estate
October 5, 2009 – 5:40 pm
1. Doing a bit of research on the track record of builder can help. 2. For any real estate purchase it is preferable to make visits to the sites before buying them. This exercise is worth it not only because we are committing a large amount of money but also because reversing the decision proves […]
Real estate- the best investment destination
August 17, 2009 – 3:49 pm
The economic slump had a major impact on real estate. The price has come down over the last few months. People with a huge disposable income can explore investing in real estate for diversification of their assets. Reduced home loan interest rates and lower property prices makes it an opportunity hard to resist. Some investments […]
Existence Of 1BHK
May 17, 2008 – 1:02 am
A few years ago, DDA and GDA used to make one-bedroom flats in a big way. These one-bedroom flats can be seen in numerous parts of the capital, and in Ghaziabad. Thousand of people live in these flats with their families. Nowadays, there are ample buyers for such one-bedroom flats; the prestigious real estate firms […]
Govt Recognizes Public Demand For Lower Home Loan Rates
March 6, 2008 – 4:34 am
The government on Thursday acknowledged that there is public demand that interest rates on home loans up to Rs 20 lakh should be slashed, but said it is for the banks and RBI to take a call. During his post-budget interaction with Assocham, Finance Minister Mr. P. Chidambaram said, “I shall certainly bear in mind […]
