Rs , sq ft

Removed from Shortlist

My Shortlist ()
Keep track of your shortlisted properties here. Shortlist a property to get started.

Real Estate Forum on Rbi

Real Estate Property Discussion Forum and Guide to Real Estate Queries

Filter On:


View Discussion from the month of
Q: What impact does NAREDCO ( investment ceilings ) on the domestic real estate market ?
Latest Answer: Hi Guys, As per news, RBI had said in its bi-monthly monetary policy statement that , on a review of the external sector outlook and as a further exercise in macro-prudential management, it has been decided to enhance the limit under the Liberalized Remittance Scheme (LRS) to $ 250,000 per person per year. The LRS allows residents to acquire and hold shares, debt instruments or other assets outside India without prior approval of the RBI.
Reply


Q: Now a days builders are more prominent towards real estate market due to current rate cut.
Latest Answer: I would suggest you should see the graph which shows the growth of property prices over a period of time, House of hiranandani has build flats from 30L to 1.5 cr so its a varied market. So of builders like Hira are having a development plan in these locations, that shows the realty sector is going to boom. Also see that the new government will also have a positive impact on reality sector.
Reply


Q: I have home loan with a public sector bank at an interest of 11% for a loan amount of 20 lac!
Latest Answer: I think have a word with the bank , they can explain much better
Reply


Q: Has RBI slashed the repo rate
Latest Answer: So there might be a chance for home loan at lower rate now for the investors.
Reply


Q: Hi, I am looking to buy a property and have got to know that the Home loan interest rates are expected to reduce? Is it really going to happen?

Latest Answer: ICICI Bank has implemented a reduction in interest rates on home loans by 10 basis points - to 10.15 percent – for borrowers who draw loans for an amount up to Rs 75 lakh.
Reply


Q: Hi, it is said that RBI has reduced repo rates. How much rate is decreased and what is its effect on real estate?

Latest Answer: I agree with you Nikhil. But though RBI’s move is small, it is necessary towards the development of real estate in India. Such growth-oriented plans combined with the government’s fiscal measures are necessary for the industry development. Even in April 2012, the repo rate had been cut by 50 basis points. Experts are saying that more rate cuts would be done by RBI in future and it would allow cash crunched developers and other sectors to borrow at competitive rates.
Reply


Q: Did Indian Overseas Bank reduce home loan rates?

Latest Answer: Good news for home loan customers. For loans above three years, too, interest rate has been reduced from 13.25 per cent to 12.75per cent.
Reply


Q: RBI has reduced the repo rate of funds. Will it be effective for the real estate?
Latest Answer: This strengthens the hope of real estate people...
Reply


Q: Is it true that RBI is planning to implement new rules on home loan?
Latest Answer: Yes it is true now the property buyers are going to face sharp blow for home loans. According to the latest news notice by RBI, banks have to exclude the stamp duty, registration fees and other charges to calculate the total value of a property while giving a loan.
Reply


Show More
Ask a Question
120 Characters Left

    Ask a Question
    120 Characters Left





      Trending Categories








      CommonFloor Property Search Mobile App now available on Android, iOS and Windows!