Tag: #Home Loans

Home loan

Banks consider including stamp duty and registry fees in mortgages.

September 9, 2023

According to those with knowledge of the situation, home loan applicants may be eligible for higher funding if the banking sector regulator approves a bank application to include stamp duty and other registration fees in the project cost. Lenders claimed that following an internal discussion at a meeting held last month, they contacted the Reserve […]

Banks consider including stamp duty and registry fees in mortgages.more
Home loan approved

JM financial home loans partnered for co-lending with Bank of Baroda, expects to enter premium home loans.

January 3, 2020

The affordable housing based lending arm of JM Financial Group (JM Financial Home Loans) proposes a five-fold increase in the next fiscal year’s loan book with a co-lending tie-up with the Bank of Baroda. Two years back, as part of diversifying of its developer financing business (JM Financial Credit Solutions, the joint venture with ex-Citi […]

JM financial home loans partnered for co-lending with Bank of Baroda, expects to enter premium home loans.more
Home Loan

Government is trying to revive the housing sector by providing guarantees on Home Loans.

September 13, 2019

By Abhay Shah, Realty Quarter A senior finance ministry official said the government is proposing a fund that will provide guarantees to those who would otherwise not be entitled to a housing loan, enabling them to borrow funds to purchase a house. As part of a plan being formulated by the government to assist the housing […]

Government is trying to revive the housing sector by providing guarantees on Home Loans.more
CREDAI

CREDAI has demanded that banks should fund developers to buy land for development of affordable housing projects.

June 18, 2019

By Abhay Harish Shah, Realty Quarter In its budget wish list, Realtors apex body CREDAI requested that banks should finance developers to purchase land to develop affordable housing projects. It has also indicated that all legislation should have the same concept of affordable housing. “Land as a value of the project comprises 40% of the […]

CREDAI has demanded that banks should fund developers to buy land for development of affordable housing projects.more