State Bank of India
A two-day property show is arranged by Vihan Events at Clube Gaspar Dias in Miramar. Over 100 real-estate properties in Goa spread across the city will be presented by fourteen builders in the fair. Properties from Panaji, Pilerne, Margao, Siolim, Vasco, Mapusa, Dona Paula, and Canacona will be displayed in the property fair. Some of the [...] Continue Reading »
Banks are the major source of funds for the realty sector in India. Due to steady downfall in demand, the real estate companies were not able to repay their bank loans. In a report submitted to the Lok Sabha, it is reported that almost 7 lakh crore of bank loans are still to be paid [...] Continue Reading »
87 residential apartments in Commonwealth Games Village were sold at a total price of Rs 400 crore. At present DDA have 110 flats in CWG village. The highest bid was Rs 7.27 crore for an apartment. It is considered as the most expensive apartment in the eastern part of the city. The highest bid came [...] Continue Reading »
A five-bedroom flat in the Commonwealth Games Village was sold at Rs. 7.3 crore to the Delhi State Cooperative Bank. The Delhi Development Authority opened bids for the 110 flats in the CWG village. Public sector units and banks made the winning bids for as many as 87 apartments. The State Bank of India led [...] Continue Reading »
The State Bank of India Chairman said that the bank is not planning to reduce the lending rate immediately. As the base rate of interest of SBI is lowest in the capital market, they are not interested in reduction of home loan interest. The SBI is also not planning to reduce the deposit rates. According [...] Continue Reading »
The Reserve Bank of India barred banks from charging any fee from a customer who wants to repay an outstanding loan and close the account. This will give the home loan customers a greater flexibility to opt for other banks for better interest rates. Housing finance regulator National Housing Bank (NHB) has already barred home [...] Continue Reading »
The chairman of State Bank Of India thinks after the decision taken by the RBI, the monetary transmission will increase over the industries. Credit absorption will increase for the commercial banking’s. Auto loans, farmer credit will see a good market opportunities. Public sector companies will also roll out their investment plans to absorb lot of [...] 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 »
After the budget announcement, both the builders and the buyers are worried about the future of the real estate sector. There is no hope generated for the demand supply chain in the realty market. State bank of India is planning to offer lower rate of interest for the existing home loan borrowers. This might improve [...] Continue Reading »
After State Bank of India, ICICI Bank and Central Bank of India, Punjab and Sind Bank has followed suit avoiding pre payment penalties. Now borrowers who have taken home loans from these banks can pay before the time without worrying about the penalties. This initiative was taken viewing the borrowers will to repay the loan [...] Continue Reading »
