Home loans in India
New Delhi- As a buyer it is always better to think of the various aspect before investing in any sort of property be it for rental income or for residing purpose. Not many of us think about the imbalance of the costs incurred in the long run while investing in a property for rental income. The most [...] Continue Reading »
State Bank of India (SBI) has planned to speed up the home loan approval process by making it online. Now, the national bank will approve the loan amount online by linking it with Credit Information Bureau of India (Cibil). For doing so, the bank is thinking of finalising the service providers who will enable the [...] Continue Reading »
Despite the downfall in affordability, the Indian home loan market is expected to grow by 17-19 percent in the current fiscal year, according to credit rating agency IRCA. Lower home loan rates, attractive schemes, etc. fuel the home loan market growth in 2012-2013, said IRCA. Because of the high cost of properties in India, tough operating [...] Continue Reading »
Edelweiss Housing Finance to introduce housing loans of less than Rs 10 lakh in Madurai. The firm target the low income group and those constructing their own homes in Chennai suburbs and small towns and in Tamil Nadu. The target of the plan is to focus on self employed and small and micro entrepreneurs and [...] Continue Reading »
Through a notification, Reserve Bank of India asked all the commercial banks in India to exclude the stamp duty and registration charges from the evaluation of the value of any property. So from now onwards the stamp duty amount needs to be paid by the buyers. Banks will not add the amount in the home [...] Continue Reading »
