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Reserve Bank of India

Offset balance home loan

Offset balance home loans offer a twofold advantage for the home loan borrower

Offset balance home loan saves the borrower from parting with large sums of money in case of a loan prepayment. Home loan is a popular financial instrument that has made it possible for people with all financial back grounds to purchase their dream home. While home loan offers a wonderful opportunity to buy a home […]

Investment

Relevance of FDI funding in Indian Real Estate

The relevance of FDI (Foreign Direct Investment) in the Real estate market of India has never been felt more than in the present scenario. Considering that the Real estate sector is one of the fastest growing sectors of our country, it has a vital role to play in the country’s growth and development. Moreover, the […]

ranjan.j

NRI Real Estate Investment Opts A New Route

Indian real estate sector is bracing itself for a brighter year ahead as demand in realty sector recovers slowly. When the year 2013 was a forgettable year for the Indian real estate sector as a whole due to the rising inflation and high borrowing costs, the Non Resident Indians (NRIs) took the center-stage taking advantage […]

victoria.c

SBI reduces home loan rates

With more and more lenders offering low home loan rates to their customers, the industry is all geared up to witness a huge change in the home loan front. The State Bank of India (SBI) has recently cut the lending rates up to 50 basis points effective from August 7. SBI has decided to offer […]

CommonFloor Editorial Team

Allow Intra-Bank Account Portability- RBI

Now it’s easier for people who migrate from one place to other to transfer their bank account to any state. If you are a migrant and would like to shift your account to another bank, the RBI just made it easy for you. Last week, the RBI (Reserve Bank of India) made it mandatory that […]

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