When searching for a home, home buyers consider the interest rate of the home loan the most. In the last one year, home loan interest rate has come down to a 15-year low of 6.6 per cent. At such low rates, home loan interest rates seem attractive even to a casual observer. Therefore, this may […]
Home loan interest rate reduced to 15-year low, will real estate be able to recover from recession?more
India’s top lenders, State Bank of India (SBI), Kotak Mahindra Bank, HDFC Bank and now ICICI Bank have reduced the interest on home loan rates. In addition to the all-time low-interest rates, there are various offers including discounts on processing fees or special benefits for women buyers to lure the home buyers. Mr. Pritam Chivukula […]
Reactions from Real Estate Experts on reduction in home loan interest rates by leading banksmore
Q1: Realty & Sustainability Confluence and Awards 2020” by ASSOCHAM and MoHUA is big news. Why ASSOCHAM felt the need for something like this? What role is expected to play among developers as well as buyers? Ans – When the times are tough, any sort of motivation works wonders and Awards like these will certainly […]
Interview of Mr. Pradeep Agarwal, Founder & Chairman – Signature Global Groupmore
Q1: ASSOCHAM and MoHUA have announced India’s first Realty and Sustainability Confluence and Awards. Please tell us about some of the key issues that this event will cover and how do you foresee the future editions contributing towards this sector. Replied ) ASSOCHAM has been quite actively promoting various sectors that have been recently hit by […]
Interview of Mr. Vineet Aggarwal, Sr. Vice President, ASSOCHAM & Managing Director, Transport Corporation of India Limitedmore
Real estate company Sunteck Realty has announced the purchase of a 50-acre piece of land for a residential project in Vasind, Mumbai. Sunteck Realty said that the project would generate revenue of Rs 1,250 crore in the next four to five years. However, the company has not said at what price it is buying the […]
Sunteck Realty’s second strategic acquisition in times of epidemic, bought land in Mumbaimore
The sector’s ‘current perception score’ improved to 40 points during the July-September quarter, according to a survey released on Thursday by industry body FICCI, Naredco and property advisory company Nightfrank. This was at a record low of just 22 points a quarter ago. However, it still remains pessimistic. The survey is issued to real […]
Covid-19’s real estate sector will improve in 6 months: Surveymore During the unlock of Corona epidemic across the country, work in the property market is also starting to speed up during the unlock. New launches grew 58 per cent between the July to September quarter from April to June this year. Most of the launches have taken place in Hyderabad and Pune and the focus […]
Signs of improvement started in property market during unlockmore
The Central government has recently launched an important scheme for people living in rural areas. Its name is the Government’s ‘Ownership Scheme’. Prime Minister Narendra Modi launched the scheme on 24 April 2020 on National Panchayati Raj Day. They will be given property cards. Introducing the scheme, the PM distributed property cards to some people. […]
What is the Government’s “Ownership Scheme”?more
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GRANDNESS – The Special Subvention that you all were waiting for is finally here!more
Knight Frank India, a property consulting company, said the average prices of homes in the six major cities of the country declined by two to seven per cent during July-September. These cities are Delhi-NCR, Mumbai, Chennai, Pune, Kolkata and Ahmedabad are included. However, the average house prices in Bangalore and Hyderabad rose by three and […]
Prices of houses reduced by 7% during July-Septembermore
