Tag: Home Loan

Realty stocks in demand on special home loan plan

December 15, 2008 – 4:28 am

Realty stocks gathered momentum Monday on media reports that state-run banks will unveil special home loan plans as part of the federal government’s stimulus package. Under the package to be announced by the Indian Bank Association, housing loans up to Rs 500,000 will be priced at 8.5%, and borrowers in the 5-20 lakh category will […]

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FM assures more loans for real estate

November 14, 2008 – 1:23 am

Finance minister P Chidambaram assured real estate developers that government will impress upon banks to accelerate lending to realty, which is facing one of the worst slowdown in the recent times. A delegation of builders under the Confederation of Real Estate developers’ Association of India (CREDAI), met Chidambaram on Wednesday to complain against banks’ reluctance […]

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Mega property Show At Hyderabad

March 5, 2008 – 7:22 am

Real estate in Hyderabad is witnessing a boom and the demand for residential & commercial properties has taken a quantum leap. Hyderabad is fastest growing cities in India is experiencing a rapid need for enhancement in infrastructure.

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Cheaper home, consumer durables loans

February 16, 2008 – 5:48 am

MUMBAI: Home loan and consumer durables loan borrowers could look forward to softer interest rates. Following the reduction in the cost of funds, banks are reviewing the interest rate structure, according to the Indian Banks’ Association (IBA). Speaking to the media after the managing committee meeting on Friday, IBA CEO H N Sinor said, “Banks […]

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