Located near the domestic airport at Mumbai’s Vile Parle area, The headquarter of defunct Kingfisher Airlines popularly known as the Kingfisher House is being put up for e-auction by State Bank of India through which interested buyers will bid for it online. The base price for this multi-storey building, with a built up area of […]
SBI Archive
December 22, 2015 10:00 am
Bollywood Celebrities Prefer to Invest in Tax Free Bonds
Legends of Bollywood have been fuelled by the overwhelming star power of celebrities such as; Akshay Kumar, Kareena Kapoor, Aishwarya Rai, Ranbir Kapoor and Amir Khan. Few of us know that Indian bond market is fully or partly fuelled by a generous smattering of investment by these superstars. It is reported that Akshay Kumar with […]
December 19, 2015 10:00 am
State Bank of India has set a target to extend Rs 500 cr worth home loans in Odisha
According to latest reports, in Odisha SBI, a public sector lender had advanced home loans of worth Rs 400 cr for year 2014 – 2015 and now country’s largest public sector lender SBI (State Bank of India) has set a target to extend Rs 500 cr worth home loans in Odisha for the year 2015 […]
November 30, 2015 2:30 pm
For real estate monetization, Air India has finalized its deal to sell 4 apartments in South Mumbai
Air India, the national carrier is ready to take off its plan for real estate monetization, as AI has finalized a deal to sell its 4 apartments in South Mumbai. After three years of gap, again Air India has finally started to sell its properties in Mumbai. Following by many unsuccessful attempts, this national carrier […]
November 20, 2015 6:00 pm
Air India sells flats worth 90 cr to SBI
Air India is surviving on a bailout package approved by the government in 2012. As part of its turnaround plans to reduce a debt burden of 40,000 crore, the grieving PSU plans to sell real estate assets worth Rs 5,000 crore to generate funds. Executing on the plans, AI has decided to sell four residential […]
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 […]
September 2, 2015 10:30 am
Get into a new home this festive season!
Buying a new property was hitherto out of reach for home buyers given the peaking real estate prices. The demand for realty therefore, has been stagnating. Despite this, no attempts to review prices have been made to lure buyers to the market again. According to RBI Annual Report, the number of unsold properties have not […]
April 16, 2015 9:00 am
EMI for home loans are about to fall as HDFC cuts its Home Loan Rate
HDFC, which is one of the largest home loan provider and private sector bank in India, it cuts home loan rate by 0.20 per cent to 9.9 per cent, as per the reports of Press Trust of India. However the revised rate are applicable for new as well as old or existing both customers. It […]
August 27, 2014 12:44 am
SBI, reduced its home loan rates …
India’s largest public bank, State Bank of India on Tuesday revised interest rates on home loans. Now SBI will offer uniform interest rate on home loans from effective August 26. SBI has cut interest rate by 5-15 bps on home loans. For the home loans up to Rs 75 lakh, the interest rate will be […]