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mortgages

New application launched by Wipro for the mortgage industry

New application launched by Wipro for the mortgage industry
Indian IT giant Wipro has a good name in the world of Information Technology and its innovative products are liked by many customers in the US. In order to increase the top line of the company, they have launched a new application. Opus Capital Markets Consultants, a wholly owned US subsidiary of Wipro has launched [...] Continue Reading »

SBI obtains Rs 800 cr home loans

SBI obtains Rs 800 cr home loans
With State Bank of India offering the lowest home loan interest rates, people who who have taken loans from other private banks switched to SBI. In the first two months of the third quarter SBI had obtained Rs 800 crores in home loans. Consumers with Rs 400 crore of home loans switched to SBI in November [...] Continue Reading »

Unregulated real estate hurting Mumbai

Unregulated real estate hurting Mumbai
Mumbai’s economy has been hurt by an unregulated, hyper inflated and speculative real estate, which in turn would have its effect on the country’s economy. The astronomical property prices are driving new businesses and expansion of existing ones away to other cities. The cost of acquisition of a facility to run business is very high [...] Continue Reading »

Property holders to access to central registry soon

Property holders to access to central registry soon
Any buyer of immovable property may soon be able to electronically check details regarding the property – whether the property concerned is free of encumbrances, i.e. outstanding mortgage or unpaid taxes. CERSAI, a Government company, plans to soon allow individuals to access the information recorded with the central registry. The central registry is a shared [...] Continue Reading »



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