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Home loan borrowers and realtors will gain from RBI rate cut

Home loan borrowers and realtors will gain from RBI rate cut
The real estate industry is very much sensitive to the home loan interest rate. With the RBI decision to cut key lending rates by 50 basis points, builders and home loan customers will be benefited. The reduced cost of borrowing is expected to be passed on partially by banks to borrowers in the form of [...] Continue Reading »

NHB Mumbai: Demand for Home Loan slows

NHB Mumbai: Demand for Home Loan slows
National Housing Bank (NHB) chairman and managing director RV Verma reported saying that the Housing loans seems to be slightly discomforting as buyers feel there is no way of getting properties at the affordable prices. The central bank recently has increased short-term rates and this hike has been recorded within a span of 18 months. [...] Continue Reading »



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