Prime minister Narendra Modi, on the eve of new year, had announced an interest rate subsidy scheme on home loans. It is expected that this move, will provide a huge boost to the realty … READ FULL STORY
The year 2017 has begun on a good note for home loan borrowers, with significant cuts in interest rates being announced by most banks. Experts point out that the reduction in the interest rates, … READ FULL STORY
Genuine buyers in the residential real estate market, appear to be holding back their purchase plans, on hopes that the interest rates would fall further and the property prices would plunge, post demonetisation, which … READ FULL STORY
The substantial cut of 0.90% by the State Bank of India in its marginal cost of funds-based lending rate (MCLR), has created a lot of interest amongst the general public and borrowers, in particular. … READ FULL STORY
Prime minister Narendra Modi’s new year’s eve announcement, on interest subvention for housing loans for the poor and the middle-class, was soon followed by rate cuts by various banks, including the government-owned State Bank … READ FULL STORY
The demonetisation of Rs 500 and Rs 1,000 notes, is likely to result in an immediate reduction in cash transactions, in the real estate sector. Buyers are expected to shift towards more legitimate transactions, … READ FULL STORY
The country’s largest lender, State Bank of India (SBI), has announced a further reduction in interest rates by 0.15% for its home loans up to Rs 75 lakhs, while ICICI Bank has unveiled an … READ FULL STORY
Private sector lender ICICI Bank announced a cut of 0.10% in its marginal cost of funds based lending rate (MCLR) across tenors. This was followed by a similar move by the country’s largest lender, … READ FULL STORY
The festive season is when people usually loosen their purse strings as this is an auspicious time to buy a home. Usually, this means a windfall for developers. But with the property market in … READ FULL STORY
For a lay person, inflation is one of the biggest factors affecting a majority of their purchases. This, despite the fact that inflation doesn’t influence the price of all commodities uniformly. Technically, there is … READ FULL STORY
Noting that factors, such as road infrastructure and inflation seem to be closely linked to residential price movements, a report titled ‘Indian Real Estate: Comprehending the varying speeds of growth’ by JLL India and … READ FULL STORY
