By Shobhit Agarwal, MD & CEO – ANAROCK Property Consultants From bad loans to loan defaulters to financial frauds and embezzlement, the Indian banking system seems to be in a crisis mode. And, needless to say, it will have a cascading effect on most sectors – including real estate. To build a project, developers largely […]
By Realty Quarter Bureau HDFC, the country’s largest housing finance company, has increased home loan rates by up to 20 basis points (100bps = 1 percentage point). It said the revision follows an increase in the cost of funds from last year. Most of the bank’s customers would be affected only marginally. Interest rates on loans up […]
By Realty Quarter Bureau Fadnavis performed the bhoomipujan of the country’s first smart police station with integrated township-cum-commercial complex spread across 19,365 sqm area at Lakadganj Chief Minister Devendra Fadnavis aims at constructing 1lakh houses for personnel, which would include a substantial number of ownership units. This he said at bhoomipujan of the country’s first […]
By Realty Quarter Bureau The realty sector was not expecting any reduction in key interest rates by the RBI, but any policy loosening could have provided a big thrust to the housing market facing a multi-year slowdown, say property builders and consultants. Nonetheless, the developers are optimistic that there is still room for banks to bring […]
By Realty Quarter Bureau The ‘Dena Retail Loan Carnival’ will offer loans in the range of 8.25 per cent – 9 per cent from November 16, 2017 to December 31, 2017 State-owned lender Dena Bank today announced to offer home loan at 8.25 per cent, leaving behind industry leader SBI in terms of the cheapest loan rate offered by any player. […]
By Anuj Puri, Chairman – ANAROCK Property Consultants Over the past one year, demonetization has been a buzzword across all Indian industries, but much more so in real estate. The radical move of banning high-value currency notes, seen as the Government’s surgical strike on black money, has become a landmark event in the history of the […]
