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Festive season offers start for home buyers

No Comments Sub Category:Mumbai,Realty News,Residential Real Estate Posted On: Sep 11, 2012

Festive season has triggered initiatives to boost home sales. Banks and builders have come up with lucrative offers for home buyers.

Several banks have cut rates on home loans by 25-50 basis points and real estate developers are offering discounts on under-construction and ready for possession properties.

Bank of Baroda, Allahabad Bank, Central Bank of India, IDBI Bank, Indian Overseas Bank, Oriental Bank of Commerce, Punjab National Bank and Union Bank of India have cut rates by 25 to 50 basis points on a home loan of Rs 25 to 50 lakhs.

The festival period offers start from Ganesh Chaturthi and will continue till Diwali.

To read more real estate news:

SBI cuts home loan rates; shares fall

 

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