Tag: Home Loans

Property Prices To Stand Stable; Fall Seems Unlikely

Property prices will remain stable in the Indian market for a quite long while as there is no chance for any price-fall in the near future or around. Real estate experts opined that there will not be a fall in the property prices in the near future. Though they opined that there will be no […]

Sub-PLR rates set to go

People who borrow money from banks to buy homes at floating rates of interest are set to benefit as banks are expected to change the way they price such loans. The Reserve Bank of India is preparing to ban lending below the prime lending rate, the benchmark rate for all floating rate bank loans. Sub-PLR […]

Home buyers can expect a better deal in the New Year

The year 2009 will lift the gloom in the real estate market as the property market turns buyer friendly with the cuts in property rates and home loan rates. Developers for their part would benefit as they will focus on creating volumes at affordable price points. The government move to boost home loans will definitely […]

Parsvnath says festival sales down by half

Sales at Parsvnath Developers’ in the festival season of Diwali are down to half from a year ago, but the real estate developer does not plan price cuts to boost sales, its chairman said. High interest rates on home loans and central bank rules forcing banks to assign a higher risk weight to real estate […]

Express Estates Home Expo

Pune, May 16:- The Express Estates Home Expo was inaugurated by Mayor Rajlaxmi Bhosale at Sakhar Sankul on Friday afternoon, setting in motion the three-day event. The Expo will not only be a one-stop shop for people interested in buying properties in the city, it intends to set a benchmark by educating the public on […]

Impact Of Rising Interest Rates On Real Estate

Growing real estate prices are resulting in a decline in the demand for home loans. The rising interest rate is a additional factor. Even though Indian realty market is observing a compounding growth, owning a home is still a tough dream for a lot of middle class Indians. Previously (2002-2006), the trouble-free availability of home […]

Cheaper home, consumer durables loans

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 […]