Tag Archives: Housing loan

No slowdown in realty projects

November 17, 2008 – 5:37 am

Mahindra and Mahindra on Monday said there is no slowdown in its real estate projects, even as there is a slump in demand.
“We are not slowing down on any of our projects. Jaipur is rocking, Chennai is doing well, city-based projects such as Faridabad are also doing well,” Mahindra and Mahindra Ltd Executive Mr Arun [...]

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Housing Loan Growth Rate Drops By More Than Half

April 29, 2008 – 5:49 am

With interest rates remaining high and real estate prices yet to show any decline, the growth in demand for housing loans is on the decline. The growth in housing loans, which was 25.8% (Rs 46,019 crore) during the period ended February 16, 2007, has declined to 12% (Rs 26,930 crore) during the period ended February [...]

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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 that [...]

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