HDFC
Commonfloor.com had organized a Car Fest in the apartments: Raheja Residency in Koramangala and Purva Panorama in Bannerghatta Road on 16th June 2012. The car fest 2012 was a community programme designed to bring the members of both the apartment communities on the same platform. Major car manufacturers showcased their cars and the residents were [...] Continue Reading »
Yet another easy mode of property tax payment in Chennai! Tax payers you can sigh a relief now, with a new mode of property tax payment. The mode of payment is that, several lakh residents can now pay property tax across 13 banks in India. The 13 banks include Indian Bank, Canara Bank, Indian Overseas [...] Continue Reading »
“Namma veedu” a three day property show commenced from Thursday in Coimbatore is now the happening event in the city. The real estate market in Coimbatore is gaining great momentum in terms of realty sales growth! Today, Coimbatore is considered to have recorded best realty sales very next to Chennai and Hyderabad towards south in [...] Continue Reading »
Hurry up property buyers for those who are availing home loans! The special home loan scheme by Housing Development Finance Corporation (HDFC) has been extended to January 31. The last date for applying has been extended twice before. The fixed-cum-floating loan from this bank is named as Fixed First. As per records, HDFC alone is [...] Continue Reading »
A sigh of relief can be felt by the home buyers by the recent dip in interest rates! Delhi’s renowned firm, BPTP has tied up with HDFC to provide home loans at a cheaper interest rate of only 5.99%. This scheme is to lure more and more buyers to avail affordable home loan for recently [...] Continue Reading »
In the year 2011, private banks were the huge lenders in home finance who continued to impose increasing penalty on the loan borrowers throughout the year. To ease the home loan environment, ICICI Bank a private home loan financing company waived pre-payment charges on floating rate home loans for the existing as well as for [...] Continue Reading »
The home loan borrowers can now cheer as the National Housing Bank (NHB) has banned levy of pre-payment taxes. The house owners can now avail loans from more than 54 various Housing Finance Companies (HFC). The NHB has passed on a mandatory rule to all the HFC to receive a stable interest payment from all [...] Continue Reading »
India’s largest housing finance company HDFC has outcome with 20% rise in profits for the year 2011 and also the profits gained were higher which even crossed the market expectations and reason behind this act was the stake revenue coming at the earliest from HDFC. Mayur Shetty, Keki Mistry the vice chairman and CEO of [...] Continue Reading »
The National Housing Bank (NHB) is upholdong a new mantra with guidelines on charges with affordable home loan. NHB in the previous financial year had announced zero percent pre-payment charges that are to be levied. Mr R.V. Verma the Chairman and Managing Director of NHB reported saying that they are looking into commercial refinance situations [...] Continue Reading »
HDFC posted a marginal growth in the net profit; however LIC Housing and Dewan Housing both reported a severe drop in the financial market. During the month of June 2011, both of these financial sectors reported a severe decline in sanctioning loans and there are few borrowers approaching them for funding. The actual impact is [...] Continue Reading »
