Rs , sq ft

Removed from Shortlist

My Shortlist ()
Keep track of your shortlisted properties here. Shortlist a property to get started.

Union Bank of India

Lenders Likely to Take Control of Lanco Infra

Lenders Likely to Take Control of Lanco Infra
Both public and private, twenty five lenders,  have secured an option to gain control over the sick infrastructure firm Lanco Infra, following one of the largest corporate debt restructuring (CDR) ,by conversion of  3,024 crore of loans into equity which involves 11,155 crore. In a communication, seeking the approval of shareholders for the issue of shares [...] Continue Reading »

Union bank cuts interest rate on home loans

Union bank cuts interest rate on home loans
The Union bank of India, a Mumbai based public sector lender, has decreased the interest rates on home loans above Rs 30 lakhs by 25 basis points. The bank is now offering home loans up to 75 lakhs at the base rate which is 10.5 percent. Loans above Rs 75 lakh and up to Rs [...] Continue Reading »

Union Bank cuts home loan rates by 0.25%

Union Bank cuts home loan rates by 0.25%
New Delhi- Since the banking industry’s spotlight shifts to retail borrowers, the Union Bank of India has reduced the home loan rates by 0.25 percent. The bank announced that the revised rates are applicable from November 29. For home loans up to Rs 75 lakh, the base rate at 10.50 per cent will be applicable, [...] Continue Reading »

Festive season offers start for home buyers

Festive season offers start for home buyers
Festive season has triggered initiatives to boost home sales. Banks and builders have come up with lucrative offers for home buyers. Several banks have cut rates on home loans by 25-50 basis points and real estate developers are offering discounts on under-construction and ready for possession properties. Bank of Baroda, Allahabad Bank, Central Bank of [...] Continue Reading »

Home loans cheaper in PSU banks

Home loans cheaper in PSU banks
Following the the State Bank of India (SBI), Syndicate Bank, Indian Overseas Bank and Union Bank of India, state-run Punjab National Bank has also announced a reduction in its interest rate on housing loans by 25 basis points across the board. Now a potential customer can take a 15-year floating rate loan of Rs. 20 [...] Continue Reading »

EWS to get home loans on priority basis than others

EWS to get home loans on priority basis than others
A good news has arrived for the Economically weaker sections (EWS)! Reserve Bank of India has announced that EWS sector should be given home loan by banks on priority basis. The main motive is to categorize the revenue adequately and ensure proper flow of credit to them. A committee has been assigned the task of [...] Continue Reading »

Banks luring Customers with Festive Offers

Banks luring Customers with Festive Offers
Several banks had reduced their yearly business growth targets following slowing in credit offtake on account of increasing interest rates. The Reserve Bank of India has raised policy rates 11 times in the past 16 months, making funds dearer. Banks are looking to boost credit growth, which has suffered due to high interest rates. Most [...] Continue Reading »



CommonFloor Property Search Mobile App now available on Android, iOS and Windows!