Your financial health is the biggest deciding factor, when investing in a property. In addition to the cost of the property, there are other fringe costs that you have to bear, including the stamp … READ FULL STORY
While seeking a home loan, some queries may seem fairly straightforward but it is always good to start with the basics and then get into the details. Here are some things you should consider … READ FULL STORY
Home buyers may often find real estate developers helping them with housing finance, through their tie-ups with financial institutions. However, when this home loan is being co-lent by a bank and a housing finance … READ FULL STORY
HDFC chairman Deepak Parekh, on January 28, 2020, said that they were talking to the regulators and the Finance Ministry, on a one-time restructuring of loans for realty projects. “We have requested the NHB … READ FULL STORY
Two non-bank lenders, Finance Advisors & Managers and Vista ITCL (formerly IL&FS Trust Company), have taken Mumbai-based developer Rashmi Housing to the National Company Law Tribunal (NCLT), for defaulting on a Rs 26.24-crore payment. … READ FULL STORY
Non-banking finance companies’ (NBFCs’) and housing finance companies’ (HFCs’) wholesale credit book, which includes real estate and infrastructure lending, is likely to grow at 21 per cent annually till 2020, said a report. Asset … READ FULL STORY
Non-banking finance companies (NBFCs) and mortgage lenders, which control the lion’s share of developer loans, are using all the tricks in the marketing and finance trade books to help realtors, who are still reeling … READ FULL STORY
Delinquencies in the loan against property (LAP) market are set to rise 70 basis points (bps) to 3.3 per cent this fiscal, even as underlying risks stemming from moderating growth, intensifying competition and falling … READ FULL STORY
Non-banking finance company Altico Capital, on March 23, 2017, said that it will provide a credit line of upto Rs 300 crores to realty player Phoenix Group. “The funding, which shall be made in … READ FULL STORY
