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RBI

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RBI’s rate hike upsets realty developers

New Delhi: Real estate developers are disappointed over RBI’s call to hike the key policy rate. According to realty developers this could result in an increase within finance costs and conjointly have an effect on the demand for housing throughout the oncoming festive season.  The RBI recently increased the short-term policy rate by 0.25 per […]

CommonFloor Editorial Team

interest-rates-bankas_slide

RBI repo rate impact on Real Estate

  In what has been rumored as one of the biggest newsmakers for the year, the RBI has disappointed the home loan borrowers by increasing the repo rate by 25 basis points. Such a move has let down the real estate sector significantly, especially as increased borrowing costs can have an adverse effect on property transaction. Increase in repo […]

CommonFloor Editorial Team

NHB home loan interest cap of 10.75% to safeguard interests of Priority customers

The National Housing Bank (NHB), the wholly owned subsidiary of the Reserve Bank of India (RBI), which supports the housing finance sector has set a cap on the lending rates for specialised mortgage lenders such as LIC Housing Finance, which are dependant on the NHB for seeking refinance. This measure by the NHB comes at a time when […]

ranjan.j

Foreign Direct Investment in Indian real estate sector

Market Gloom The real estate industry in India has been going through a lean phase for quite a while now. Housing stocks lay unsold in cities like Mumbai, which has been termed as Mecca of Indian real estate for a long time. Developers are bogged down by sluggish sales and high interest rates. As the […]

Home Loan Rates Sinking Downwards

Buying a property in India is the biggest investment for home buyers and the Reserve Bank of India may have cut policy where the bank or your lending company may reduce the EMI or the loan tenure. Since the last few weeks, two leading banks in India have reduced the interest rates even without waiting for […]

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