Thu, Jun 20, 2024
Residential unit sales or absorption in Q2 2024 were 119,901 units, down 18 per cent from the 146,147 units sold in Q1 2024. The Y-o-Y comparison shows a marginal decline of 2 per cent from 121,856 units sold in Q2 2023.
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Sat, Apr 29, 2023
The Reserve Bank has hiked the benchmark rate by 250 basis points since May 2022, leading to a firming up of interest rates on all loans, including for purchasing residential properties.
Fri, Jan 13, 2023
The sale of houses has reached a record level of 9 years. Despite the increase in house prices and home loan rates, the sales of houses have increased. Is it beneficial to buy a house by taking a loan or is it wiser to stay on rent? Watch Money Guru to know expert opinion.
Fri, Jun 10, 2022
Affordable housing is in high demand. Affordable housing segment expected to grow at 15%. Better demand for affordable housing and MSME loans. The company has 20,453 customers in MSME lending: Rajesh Sharma, MD, Capri Global Capital. Watch exclusive conversation in this video.
Wed, Sep 29, 2021
Affordable housing-focussed Star Housing Finance Ltd (Star HFL) on Tuesday said its loan book has reached Rs 100 crore during the current fiscal year so far.
Mon, Feb 08, 2021
Last week, the Delhi government reduced circle rates of residential, commercial and industrial properties by 20 per cent for a period of six months.
Sun, Oct 18, 2020
With an aim to increase flow of credit to the real estate sector, the Reserve Bank has rationalised the risk weightage to LTV (loan to value) ratio for all new housing loans sanctioned up to March 31, 2022.
Thu, Oct 31, 2019
According to the Zee Business report, the development will have a multi-player impact, and the registered tax payers if willing to buy their dream house will be able to avail income tax benefits under this development.
Sat, Oct 05, 2019
According to the Ministry of Housing and Urban Ministry, the new interest rate is effective from October 1, and this rate will remain effective for one year.
Tue, Feb 20, 2018
Nearly 87,000 housing loans have been sanctioned in last 8 months under the scheme and over 40,000 applications are under consideration for approval.
Wed, Oct 04, 2017
From June - till date, RBI has reduced the Statutory Liquidity Ratio by 100 basis points. SLR which stood at 20.5% before June will now reach to 19.50% from next week.
Tue, Sep 05, 2017
Banks credit growth continues to remain at a historic low. It stood at Rs 69.45 lakh crore in July 2017 – recording growth of just 4.7% year-on-year (YoY) basis.
Thu, Jun 15, 2017
RBI's action on risk weightage of home loans is seen as credit negative for Indian banks.
Wed, May 03, 2017
Cibil on Wednesday said loans meant for affordable housing has shown a robust 23% CAGR over the past five years, while the delinquency rate has been firmly under control at around 1%.
Mon, Apr 10, 2017
SI to give cheaper loans in 375 housing Projects. Watch the full segment for more details.
Thu, Mar 23, 2017
The government has recently launched guidelines on Credit Linked Subsidy Scheme (CLSS) under Pradhan Mantri Awas Yojana (Urban) for middle-income groups which are set to bring down EMIs down on housing loans for buyers by over Rs 2,000 per month.
Wed, Mar 08, 2017
Moreover, banks offer special interest rates and features for women applying for home loans.
Wed, Jan 25, 2017
Find out what India's real estate players expect from the government's Budget 2017.
Wed, Jan 11, 2017
Leading credit information company Transunion Cibil on Wednesday said the demonetisation exercise has affected demand for two-wheelers and consumer durables loans the most.
Tue, Jan 03, 2017
Vijay Agrawal, Executive Director, Equirus Capital said, "Cut in interest rates is likely to give a big push in offtake. Reduction in home loan EMI will increase purchasing capacity of home buyers."
Sat, Nov 26, 2016
Even as the sale of pre-owned houses and developer-built small properties have come to a standstill, the realty industry hopes the quantum of home loans will pick up after stability returns and eventually lift its fortunes.
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