Tag: Housing Loans

Real estate cos hope govt help will revive demand

December 16, 2008 – 2:33 am

The Union government’s recently announced stimulus package, coupled with the Reserve Bank of India’s (RBI) move allowing banks to provide special treatment to the real estate sector are likely to change the fortunes of Indian real estate sector, which has been struggling to survive for the past six months. Monday’s interest rate cut on housing [...]

By rajani | Posted in Property News | Also tagged , , , , , , , , , , , , , , | Comments (0)

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 have [...]

By rajani | Posted in Property News | Also tagged , , , , , , , , , , , | Comments (0)

Pay More For A Dream House In Goa

March 28, 2008 – 4:39 am

To fulfill a dream to own a beach-side home in Goa has just become costlier. In the budget for 2008-09, the state government has increased stamp duty on property from the average 2 percent to varying rates depending on the value of the property.

By rajani | Posted in Property News | Also tagged , , , , | Comments (2)