Low buyer's sentiments in the real estate sector despite a dip in the home loan interest rates has led a sharp decline in home loan growth.
Buying a home can be a great way to save taxes. Here's how one should go about it:
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Though you may have salary or income to support your home loan application, here are some factors you cannot ignore.
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Home loans have an important factor called loan to value. Banks lend up to 75% to 80% of the value of the property.
In an interview with CNBC-TV18, Keki Mistry, VC & CEO of HDFC spoke about the slash in home loan rates.
To whom are these reduced rates applicable The reduction in State Bank of India‘s (SBI‘s) rates, is not as widely applicable, as is made out to be. It is not that the home loans R
State Bank of India, on May 8, 2017, announced a steep reduction in its affordable home loan rates by up to 25 basis points, with the lowest rate of 8.35 per cent for new R
SBI has announced rate cut in home loans by 25 basis points to 8.35 percent per annum. With this reduction, SBI's offering is the lowest in the market. The new rate will be effective from May 9th, 2017.
Financial sector experts believe lenders would gain extra comfort in extending loans to homebuyers under the new real estate law, which came into force from May 1.
A study by credit information company CIBIL, has revealed that loans meant for affordable housing (home loans of under Rs 10 lakhs ticket size), have shown a robust 23 per cent CAGR over the R
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This scheme is on the home loan subsidy, and hence let us be careful as to which lenders are authorised by the Indian government to process such subsidised loans.
In India, the current belief is that property investment is ideal, only for those with upcoming or established careers. However, is this true? How do banks, lenders and the property sector at large, view R
The decision to buy or rent a house is a crucial one for your financial and emotional well-being and should be taken after a lot of deliberation. Here are some of the aspects one R
Home loan interest rates have reduced significantly on the back of huge inflow of deposits in the banking system and creating a good atmosphere for end-users. Homebuyers can now purchase homes of their choice by making full cheque payment.
The Reserve Bank left its benchmark lending rate unchanged at 6.25%, on April 6, 2017, for the third policy review in a row, citing upside risk to inflation. It however increased the reverse repo R
Low home loan rates have improved affordability for most income groups and have made purchase of property viable. Demand-supply mismatch is also likely to push real estate prices higher. To wait further will be a fallacy on the part of home-buyers, Getamber Anand, President, Confederation of Real Estate Developers’ Association of India (Credai) said in an interview to Moneycontrol.
Ahead of the Reserve Bank of India‘s (RBI‘s) monetary policy this week, the country’s largest bank, State Bank of India (SBI), on April 3, 2017, reduced its benchmark lending rate by 0.15% to 9.10%, R
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Real estate experts feel that home prices have bottomed out and they are likely to move higher in the new financial year. They say that this could be one of the best times to buy your home since loan rates, too, are attractive.
A borrower can shift the home loan to any other lender, who is willing to offer better interest rates. At times, a home loan applicant may also want to increase the loan‘s tenure, due R