If the Reserve Bank of India (RBI) continued to increase its benchmark lending rate in future monetary policy announcements, India’s real estate sector would be adversely affected, industry body CREDAI has said. The comment … READ FULL STORY
Hours after the Reserve Bank of India (RBI) increased the repo rate by 50 basis points on September 30, 2022, several banks in the country, including SBI, ICICI Bank and HDFC, have announced a … READ FULL STORY
The RBI on May 4, 2022, increased the cash reserve ratio by 50 basis points to 4.5%, a move that is likely to put pressure on interest rates. However, to understand the full repercussion … READ FULL STORY
From August 1, 2022, housing loans at private lender HDFC are becoming costlier, with the non-banking finance company announcing   a rate hike of 25 basis points. Home loans interest rates at HDFC will now be … READ FULL STORY
Loans are a potent financial instrument that enable people to buy their dream homes, by focusing on their future earning capacity. As the size of home loan are usually very big, borrowers require a … READ FULL STORY
The festive season in 2021 has provided a boost to the realty sector, with reports of a significant surge in demand during the period. One of reasons, has been the reduction in interest rates … READ FULL STORY
The real estate sector is the second-biggest employment generator in India. Going by that data, one can understand the large scale of activities that have been taking place in the sector, across the country … READ FULL STORY
With an aim to offer borrowers with a higher level of transparency and cost effectiveness, the banking system has from time to time introduced various rate-setting methodologies, based on which loan interest rates are … READ FULL STORY
Parties involved in real estate transactions, often hear many unique sector-related terms. This may often be confusing, especially for first-time buyers during an already complicated and stressful home-buying journey. In this article, we simplify … READ FULL STORY
The real estate industry has been forced to face numerous uncertainties, following the COVID-19 pandemic in 2020. However, positive signs are visible for the sector in 2021, as it looks to overcome the turmoil … READ FULL STORY
With the repo rate now at 4%, home loan interest rates are below the 7% level. However, you may not be eligible for this low interest rate. So, it is crucial for home loan … READ FULL STORY
Through consistent reductions, most Indian banks have brought home loan interest rates to the sub-7% level. The move, which is primarily aimed at boosting consumption in the country’s second-largest employment-generating sector, at a time … READ FULL STORY
To boost demand in the real estate and construction sector, which employs the largest number of people in India after agriculture, the Reserve Bank of India (RBI) has reduced its lending rate to 4% … READ FULL STORY
