After the Reserve Bank of India prescribed new system to improve transmission of monetary policy that is Instead of one benchmark rate, banks would indicate at least five benchmark rates varying according to tenures called Marginal Cost of funds based Lending Rates (MCLR), home loans from the country’s largest lender, State Bank of India are […]
Reserve Bank of India Archive
December 22, 2015 6:00 pm
In Q3 2015, the housing price index grow by 13.7 percent
For the duration of July to September or in Q3 2015, the housing price index grow by 13.7 percent, whereas; the cities such as; Jaipur, Lucknow and Kolkata have contributed to the slower pace of growth, as per data and reports of RBI. As per data of Reserve Bank of India, till the end of […]
November 17, 2015 10:00 am
Dubai real estate sees $2 billion investment by Indians in 2015
According to Dubai government’s data, Indians were the most prolific foreign investors in the first six months of 2015, with a total of 3,017 real estate transactions worth more than $2 billion. “The typical Indian mind-set of solidifying assets in multiple arenas compliments the dynamics of Dubai real estate which offers a range of options […]
November 16, 2015 10:30 am
Indiabulls Housing Finance is about to buy 40 per cent stake in OakNorth Bank for $ 100 million
OakNorth, which is a London lender now aims to challenge the dominance of other large global finance companies such as; HSBC, Barclays, Lloyds and Royal Bank of Scotland in India. Now India is prime destination for investors and it is emerging in as the world’s largest financial centre. Indiabulls Housing Finance, one of the Indian […]
October 10, 2015 6:00 pm
Festive cheer may overlook the realty sector
Despite real estate developers trying all kinds of marketing gimmicks like funding schemes with upfront payment as low as 5 percent of home price, interest waiver for 2-3 years and freebies, sale velocity has not picked up. The residential property market has been deserted- by investors due to slow moving market with stagnant or dipping […]
December 25, 2014 6:12 am
Affordable homes the best investment option
In present location issue is keeping the buyers away; but better ROI, an incentive, benefits of tax breaks are still attracting the investors as well as end users towards the real estate market. In India, affordable segment are finding buyers but most are investors not those who are planning to stay in those homes because […]
December 11, 2014 12:51 am
If you have commercial space, so invest in ATM to generate income
Investment in commercial real estate is more lucrative investment than investment in residential property because of much higher rate of return. Apart from doing a job, running your own business or renting the space to other business is good option but now you can also consider another option ie. Renting the commercial space to for […]
October 31, 2014 12:30 am
Great scope for housing prices to come down
There is enough scope for housing prices to come down from the current highs because there is a huge pile-up of inventory, Reserve Bank of India Deputy Governor SS Mundra said on Wednesday. Of the total housing shortage of 18.78 million in urban India, the shortage in the economically weaker sections and lower income group […]
October 30, 2014 12:30 am
RBI tells banks to bring innovation into home loans
The Reserve Bank of India (RBI) has called upon banks to bring in more financial innovation into home loan products by linking such loans to deposits. According to R Gandhi, Deputy Governor, RBI, “Savings can be induced to generate savings balance by way of monthly or periodic deposits. This will serve as a track record […]
October 20, 2014 2:00 am
Property prices likely to be stable in Mumbai due to high price points
Stable price scenario can be expected for property prices in Mumbai in the foreseeable future due to the high price points. However, Bangalore, Chennai, Pune, and Kolkata may see marginal appreciation due to increased demand. In second quarter the union government had announced friendly measures in the 2014-15 budget for real estate sector. With the […]
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