Changing city to pursue better career options, or taking a sabbatical for higher studies becomes difficult
Do India's new VPN rules threaten user privacy? How will RBI's repo rate hike impact your home loan? Should you rejig portfolio in a rising interest rate regime? What is a neobank? All answers here
The RBI hikes repo rate from 4 to 4.4 per cent on Wednesday. Home loans from banks are linked to the repo rate. So, what will be the impact on existing and new borrowers? And, how should they respond?
Affordable housing finance companies' (AHFCs) loan book is likely to expand by 17-20% in FY23, supported by the government's higher focus on housing and a favourable tax regime, says a report.
Soaring input costs have been chipping away the profit margin of the real estate sector. Now with the rise in interest rate, homes will get costlier. Will these put brakes on the sector's recovery?
This comes after many large banks, including SBI increased their marginal cost of funds-based lending rate by 5-10 bps
Harsh Patodia, president of realtors' body CREDAI, said the RBI's decision of keeping the repo rate unchanged at the historic low of 4% will bring economic development and growth in the country
The demand for housing loans is being driven by first time homeowners as well as by those who are looking to move up the property ladder.
Piramal Capital & Housing Finance Ltd (PCHFL) has partnered with India Mortgage Guarantee Corporation to offer home loans ranging from Rs 5-75 lakh to salaried and non-salaried customers. Under this arrangement, India Mortgage Guarantee Corporation (IMGC) will provide guarantee on a part of the loan so that it is secured in case of a default. The housing finance company aims to generate 10-12 per cent of its business from this partnership by the end of FY23, PCHFL said in a statement on Wednesday. The product 'Gruh Setu Home Loan' aims to cater to the aspirational needs of salaried and self-employed customers across geographies. It is designed to extend loans to individuals who receive salary by bank or cash, pensioners, employees of proprietorships and partnership firms. It will also cater to self-employed professionals like doctors or architects, small business owners, proprietors and partners of partnership firms. PCHFL, the wholly-owned subsidiary of Piramal Enterprises, said
Regulatory curbs on borrowing have driven China's property sector -- a major economic growth driver -- into a sharp downturn, squeezing the cash-flow of many developers and chilling buyer sentiment
The Reserve Bank of India's (RBI) signal that the repo rate is not going to increase any time soon has left home loan players divided on pricing, going ahead
Will omicron impact the real estate sector? What are the lessons from the GST probe against WazirX? Stock-price correction awaits FMCG? What to consider while taking a home loan? All answers here
The mortgage lender keeps liquidity buffers worth Rs 55,000 cr
Bank credit grew by 180 basis points from the year-ago level of 5.1 per cent in the fortnight ended October 23, 2020: CARE.
Property loans also showed 21.9 per cent expansion at Rs 23,418 cr against Rs 19,207 cr in Q4FY20
What will be the economic impact of India's emission-reduction commitments at COP26? What role will Intel play in India's 5G and EV goals? Will the US Fed announce a taper today? All answers here
Experts say this is a good time to buy a house for self-use. In this Podcast, we talked about things which will help you make the right purchase decision
Personal loans, including housing, now at 26.7% of bank credit, highest ever
Be guided by more crucial considerations such as the budget, the location, and the projects that are right for you
State-owned Bank of Maharashtra on Friday said it has launched a digital lending platform for its home and car loan customers.