RBI introduces relaxed Loan-to-Value ratios, priority sector norms, and RERA compliance to enhance home loan accessibility in Mumbai's real estate recovery.
RBI's 50-bps repo rate cuts have boosted Delhi's mid-segment housing demand, with a 15% rise in inquiries for homes between ₹50 lakh-₹1 crore. Lower EMIs and improved affordability are driving renewed buyer interest post-reduction.
JLL India forecasts Mumbai's residential market to approach peak affordability by 2025, driven by projected interest rate cuts and balanced price growth. Homebuyers may benefit from improved financing terms and reduced borrowing costs, creating favorable conditions for purchases.
The Reserve Bank of India (RBI) uses the repo rate, the interest rate at which it lends to commercial banks, to control inflation.
SWAMIH Fund grants ₹164 crore to Capital Infratechomes for a Greater Noida project, impacting 900 homebuyers and aiming for October 2021 completion.
This article explains the process of registered mortgages in India, detailing application steps, benefits, and how to remove registrations effectively.
Commercial Property Loan: Benefits, Eligibility, Documents & Interest Rates
PNB reduces home loan interest rates above Rs 50 lakhs to 6.60% and waives processing fees as part of its Festival Bonanza
Life insurance giants like LIC, HDFC Life, ICICI Life, and SBI Life are set to boost infrastructure investment via InvITs and REITs, following IRDAI's approval.
Delhi Govt Reduces Home Loan Interest Rate to 6.75% & Circle Rates by 20%
Multiple banks, including SBI and HDFC, have decreased home loan interest rates, aiming to boost housing sales before the financial year ends. Experts anticipate increased demand.
The RBI's three-month moratorium on home loan repayments aims to alleviate financial burdens for homebuyers amidst COVID-19, aiding economic stability and liquidity for developers.
Shri Group secures Rs 80 crore from Edelweiss for construction in Greater Noida West, citing positive real estate market trends and upcoming project phases.
The public Housing Finance firm has acted against Orbit Corporation and Unitech for loan defaults, taking possession of properties and issuing notices for repayments.
IFC lends $85mn to Dewan Housing for affordable, energy-efficient homes in India
NHB to Receive ₹500Cr Loan from British Govt for Affordable Housing
Indiabulls Housing reduces home loan rates by 0.15% to 10.25%, valid till November end for loans under Rs 25 lakh.
The Reserve Bank of India cut the repo rate by 0.25%, a move welcomed by realtors but deemed insufficient by some developers who believe a larger cut is needed to significantly impact the real estate sector.
Budget 2013 is anticipated to favor home buyers, with potential provisions for affordable housing. Realty players seek tax exemptions and lower interest rates.
The Reserve Bank of India has reduced the Repo Rate, allowing banks to offer home loans at lower interest rates, benefitting new borrowers significantly.
Secura Investment Management (India) Pvt. Ltd. has successfully raised Rs. 50 Cr through its Scheme-2, a SEBI-certified and Shariah-compliant real estate fund in Kerala.
LIC Housing Finance Limited aims to establish a residential real estate fund of Rs.1000 Cr via external commercial borrowings to enhance affordable housing.
RBI's decision to hold key policy rates steady has disappointed real estate developers, who were hoping for a reduction in borrowing costs. Industry leaders believe this will negatively impact the sector and hinder funding for projects.
The article discusses the lack of housing price data in India, contrasting it with the US and UK, highlighting the implications for individuals in the market.
ICICI Bank reported a 31% quarterly profit increase, anticipating loan growth supported by a recent rate cut despite concerns about India's economic outlook.
