Loan rates
Reserve Bank of India’s (RBI) decision to cut the Statutory Liquidity Ratio (SLR) has begun to show its effects. Indian Overseas Bank (IOB) has reduced home loan rates, for loans up to Rs 30 lakh, by 25-100 basis points. A 50-bps cut in auto loan rates has also been announced. IOB has reduced the spreads [...] Continue Reading »
In the global retail development index India is standing at fourth place, as it has a huge opportunity for retail growth. As the retail industry in India is expanding, the consumption of commercial real estate spaces will increase in near future. Though there is huge potential for the retail market to consume the commercial projects, [...] Continue Reading »
2012 is a promising year for the realty sector in Bangalore! With the Reserve Bank of India (RBI) soothing the home loan rates and property prices slightly coming down in certain part of the city. Real estate experts say that with the new upcoming launches in this year, the property prices are expected to remain [...] Continue Reading »
Fixed loan rates has been launched against property and home loans by country’s second largest foreign lender HSBC India. The uniqueness of the loan scheme is that, a loan borrower can make pre-payments even during fixed rate period. The applicable loan rate begins from 11.25 percent for one-year loan tenors and upto 11.75 percent for [...] Continue Reading »
The credit demand in the banks are increasing rapidly this festival season and the national banks in Mumbai recorded that the hiring of loans growing higher than the deposits this prevailing month. This loan rates have been increasing steeply by the Reserve Bank of India (RBI). According to the statistics recorded by the RBI the [...] Continue Reading »
Good deals in property market in Bangalore are emerging amidst certain segments. The developers are offering cash discounts where in some of the developers have been introducing free wardrobe and kitchen formula. However, Puravankara Projects have now introduced a new scheme for the property buyers. This Puravankara Scheme takes away a huge worry that property [...] Continue Reading »
