Which is the best housing loan? - Harsh Roongta

Which is the best housing loan?  By Mr.  Harsh Roongta, F inancial Guru It is a tiring question for any financial expert. If, indeed, there was such a thing as the best housing loan for one and everyone, would not the other home loan companies be out of business? Which consumer,…

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Benefits of buying a house in the wife’s name

Benefits of buying a house in the wife’s name by AMIT SETHI , Housing.com With many Indian states offering benefits for women property buyers to boost  their  empowerment,  we examine why it makes financial sense to register a property in a woman’s name There are many benefits …

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Declining Housing Loan Rates to Kick-start Residential Revival

Declining Home Loan Rates to Kick-start Residential Revival by Mr.  Ramesh Nair , COO – Business & International Director,  JLL India In the midst of all the demonetization brouhaha, there is reason to celebrate in the real estate sector. The Indian housing markets historica…

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The Advantages of a Pre-Approved Housing Loan..!

The Advantages of a Pre-Approved Home Loan - by Mr. Kishor Pate, CMD – Amit Enterprises Housing Ltd. A self-owned home is the dream of every Indian, and all of us want to see ourselves being able to go in for it one day. When that day comes, the last thing we want is any reas…

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Bank of Baroda Cuts Housing Loan Rate to Industry Low

Bank of Baroda Cuts Housing Loan Rate to Industry Low In doing so, the  Bank of Baroda  has decided to offer home loans at its one-year marginal cost of funds-based lending rate (MCLR) without any spread to customers with CIBIL score of 760 and above. “We will also allow custom…

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Sundaram BNP Cuts Housing Loan Rates to 8.70%

Sundaram BNP Cuts Housing Loan Rates to 8.70% Sundaram BNP Paribas Home Finance has cut interest rate for new houisng Loans to 8.7% a year from 9.20%, effective 10 January 2017, according to a statement. “The company hopes that this will help in reviving the sluggish real est…

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HDFC cuts Housing Loan Rates by up to 0.45%

HDFC cuts Housing Loan Rates by up to 0.45% Taking cue from banks, India's largest mortgage lender HDFC reduced its housing Loan rates by up to 0.45%. For one year, the MCLR, (marginal cost of funds) based lending rate, is now 8.50%, down 0.75%. For one year, the MCLR, or…

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State Bank of India - New loan product for affordable homes

State Bank of India  - New loan product for affordable homes For the affordable homes segment in the up to Rs. 30-lakh category, State Bank of India (SBI) has brought in a new loan product, which carries fixed interest rate for the first two years. In the subsequent years, i…

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Home Loan - Why the time is right for State Bank of India - SBI customers to move to MCLR from base rate..!

Why the time is right for State Bank of India - SBI customers to move to MCLR from base rate..! By FE Bureau State Bank of India  (SBI) chairman Ms. Arundhati Bhattacharya said on Jan 2, 2017 that the bank has decided to club the switchover fee with the equated monthly insta…

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India - Personal Loans Outperformed Housing Loans

India - Personal Loans Outperformed Housing Loans The overall non-food credit growth in 2016 (as of October 2016) grew by about 7% Year on Year. Within this, agriculture sector grew by 13% Year on Year, industrial loans declined by 2% and retail loans (includes home l…

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