National Housing Bank last week waived pre-payment penalty on home loans that are on floating interest rates, pre-closed through any source. For home loans that are on fixed interest rates, home finance firms cannot charge pre-payment penalty if loan is preclosed out of one…
Today's Technical Term – Closing Agency
The process by which a lender uses a title company or other company as an agent to complete a (Housing) loan.
Oberoi Realty Plans Price Hike by Rs 500-1,000 per sq ft
Oberoi Realty is planning to increase price of its residential projects by Rs 500-1,000 per sq.ft in Mumbai to boost its margins.
According to Mr. Vikas Oberoi, Chairman, Oberoi Realty , said, “We have already increased price of Oberoi Splendor Grande project by Rs 1,000 per…
Indian Real Estate shares – Intraday Tips For 28 October 2011
Recommendations for 28 October 2011 Scrip Trigger Price Stop Loss Target 1 Target 2 DLF BUY ABOVE 232.05 230.00 234.60 238.15 SELL BELOW 227.45 229.50 224.95 221.60 Scrip Trigger Price Stop Loss Target 1 Target 2 UNITECH
Cabinet Approved Interest Subvention on Housing Loans up to Rs.15 Lakh
The cabinet recently approved 1% interest subvention on housing loans up to Rs.15 lakh, with the cost of the house not exceeding Rs 25 lakh. Both caps were increased by Rs 5 lakh each, which will bring more individual buyers under the subsidy limit.
Housing Loan EMI Up by 24%
The latest increase of 0.25% in key policy rates by RBI will be mirrored by a commensurate increase in lending rates.
Also EMI (Equated Monthly Instalment) for housing loan borrowers have risen by 24% over the past one year.
October - World’s Important Days
World’s Important Days Observed in the Month of October International Music Day - October 1 World Vegetarian Day - October 1 International Day of the Elderly - October 1 World Hepatitis Day - October 1 World Animal Day -October 2 World Ostony Day -October 2 International Day of Non…
Today's Investing Mantra - George Soros
"If investing is entertaining, if you're having fun, you're probably not making any money. Good investing is boring." - George Soros
Offers do affect property buying decisions : Survey
According to the 99acres.com survey, 70 per cent respondents said that freebies and exciting offers during the season do affect their property buying decisions.
The 44% brokers said that the demand for new property will go up. The survey was conducted among 4,000 buyers &a…
