Bank auction properties, also known as foreclosure properties or distressed assets, have gained significant attention in the real estate market. These properties are typically repossessed by banks or financial institutions due to non-payment of … READ FULL STORY
Amid the Reserve Bank of India increasing the repo rate, home loans in India have become more expensive in 2023. While nearly all banks have implemented this rate hike in their home loan interest, … READ FULL STORY
New home buyers are often in a dilemma, over whether they should apply for a loan from a housing finance company (HFC) or a bank. The recent liquidity crisis being faced by non-banking finance … READ FULL STORY
Banks view joint home loan applications favourably and there is a reason for that. Even though housing loans are secured loans, the fact that two people are legally obliged to service the loan, is … READ FULL STORY
Banks are witnessing a spurt in asset quality stress in the non-corporate segment and the overall loan loss provisions for lenders, are expected to stay elevated till fiscal year 2019-20, a report said. The … READ FULL STORY
The facility to transfer one’s home loan from one bank to another, allows borrowers to have a ‘plan B’ in case they are not satisfied with their existing lender. Besides deficiency in services, a … READ FULL STORY
The overall housing credit as on March 31, 2017, stood at Rs 14.4 trillion, as against Rs 12.4 trillion as on March 31, 2016, indicating a growth of 16 per cent in the financial … READ FULL STORY
The share of banks’ credit in the real estate sector, has shrunk drastically in the last few years, from 50%-57% in 2010 to 24%-26% in 2016, said Knight Frank India, in its first edition … READ FULL STORY
Ulwe is a micro location of Panvel, under the City and Industrial Development Corporation’s (CIDCO’s) planning and maintenance. Recently, the government of Maharashtra notified the formation of the Panvel Municipal Corporation, which includes Ulwe. … READ FULL STORY
Byculla has excellent amenities and social infrastructure in its vicinity. Moreover, there are several engineering and medical colleges in the area, which make it an ideal residential location. Social infrastructure and lifestyle amenities: … READ FULL STORY
Panvel, which is surrounded by mountains and scenic beauty, enjoys a green and clean environment. It is a well-planned region, with all types of amenities available locally. The housing segment in the area consists … READ FULL STORY
