Different types of Home Loans

SBI makes home loans above Rs 75 lakh cheaper

MUMBAI: Country’s largest bank, State Bank of India (SBI) has taken a lead and lowered interest rates on loans above Rs 75 lakh. This comes within days of Reserve Bank of India reducing capital requirement on big ticket home loans. The bank has lowered home loans rates by 10 basis points for home loans above […]

Now, affordable housing is driving home loan growth

Now, affordable housing is driving home loan growth

MUMBAI: After years of selling pricey luxury homes that boasted amenities like signature golf courses and jacuzzis, builders finally seem to be moving toward modest apartments to suit middle-class pockets. A clear indicator of this is the sharp uptick in home loans driven by sales of houses costing below Rs 30 lakh. The cue for […]

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Metropolitan Development Authority can’t get bidder to build office

GURUGRAM: The Gurugram Metropolitan Development Authority (GMDA) authorities have been forced to extend the last date for bidding for setting up its office after failing to get even one bidder for the fourth time in a row. The fresh date to submit bids is May 22, sources said. The authorities have also decided to allow […]

Hi-tech jackpot 15 acres to be auctioned in Cyberabad

Hi-tech jackpot: 15 acres to be auctioned in Cyberabad

HYDERABAD: In just a little over a week from now, Hyderabad will find out where it stands with respect to its real estate growth. For, the Telangana State Industrial Infrastructure Corporation (TSIIC) has decided to take up auction of big land parcels, especially in the upmarket areas of the city , after a one-year gap […]

Real Estate Act comes into effect 10 things you need to know about new law

Real Estate Act comes into effect: 10 things you need to know about new law

The Real Estate (Regulation & Development) Act, 2016, the landmark realty law to protect home buyers from unscrupulous developers, will become operational from Monday, nine years after it was conceived. The act was cleared by Parliament in March last year. Under the act, states had to notify the realty rules and set up Real Estate […]

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