Tag Archives: Home Loans

Parsvnath says festival sales down by half

October 24, 2008 – 8:39 am

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 loans [...]

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Express Estates Home Expo

May 18, 2008 – 4:56 am

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 [...]

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Impact Of Rising Interest Rates On Real Estate

April 14, 2008 – 3:50 am

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 loans [...]

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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 are [...]

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