Fall in home loan rates
Confederation of Real Estate Developers‘ Associations of India (CREDAI) is demanding a pro-growth outlook in the policy rates. RBI (The Reserve Bank of India) today announced that the amount of deposits that banks are required to park in government securities will be reduced and unlocked about Rs 40,000 crore of funds. However since the key rates remain [...] Continue Reading »
The new urban development and housing minister Venkaiah Naidu and member of the Prime Minister Narendra Modi’s Cabinet, stated that he wants to see the dream of ‘’House for all by 2020’’ come true. He is pushing to bring down the home loan rates and focusing on developing 100 smart cities so that the burden on [...] Continue Reading »
The higher costs of construction and financing are showing signs of residential property rates increase in Indian cities. Property developers across the country have decided to gear up the property prices hit by slow sales, expensive financing and high interest rate regime. The Mumbai real estate industry experts say that they have managed to enhance [...] Continue Reading »
