Group items tagged

Many options in home loans posted a minute ago by Ashish Arya The home buying exercise has never been as flexible as it is now thanks to a plethora of home loan options, quick processing, instant approvals and faster disbursements.

Real estate in India is undergoing a dim phase and the year 2012 has witnessed plummetting sales and launches across the country. Developers are coming up with innovative plans and schemes along with cooperation from banks to revive sales of houses in the country. Subvention scheme is an innovative scheme introduced by a number of developers as a part of their endeavour to make the property transaction customer friendly. Under the subvention plan, a customer buys an under constructipon property for which he/she does not have to pay EMIs for a defined period or until he/she takes possession of the house. Usually, private and nationalised banks tie up with developers to offer loans for such subvention plans.

Home is one of basic need of man. Thus buying dream home become very important. It is not always possible to have all cash ready to buy your home. But, thanks to facilities of home loans which make easier for him to fulfill his dreams. Following are few thing one must consider before deciding any home loans.

In the recent times, you don't need to wait until you have saved enough to own a home. It is quite easy to get financing to acquire a new home and you can apply for this from some sources like credit unions, banks and private lenders among others. Most lenders will rely on your credit to decide whether to give you the funds and to also to decide the interest rate to allow you on the loan.

Realty companies opt for joint play to save on costs BANGALORE: Sky high land prices, unclear titles and a clear need to conserve cash are forcing some real estate companies to do joint development Tips for moving into a new home Rights and liabilities in property sale Make home loan repayment easy deals with landowners rather than splurge money in buying and holding land at expensive rates.

Fast growing real estate has become the face of major Indian cities like Mumbai, Delhi-NCR, Bangalore, Chennai, etc. and increasing urbanisation paves a way for healthy demand for the sector in the future. The role of realty is considered significant in India's economy. Along with considerable contribution to gross domestic product (GDP), realty also helps to improve infrastructure in India. Real estate contributed 10.6% to India's (GDP) in 2010-11. The dismal performance of the sector becomes evident form the fact that its share of contribution came down to 6.5% in the year 2012.

The Reserve Bank of India kept key interest rate unchanged in the third monetary policy review. The RBI status quo was widely anticipated by the market participants. Repo and reverse rates stood at 7.25% and 6.25% respectively. At the same time, cash reserve ratio (CRR) and statutory liquidity ratio (SLR) retained at 4% and 21.5% respectively. Commenting on the monetary policy announcement, Kamal Khetan, CMD, Sunteck Realty said, 'RBI's move to keep the repo rate unchanged was an expected one considering the recent rate cuts. However, several measures like increase in bank lending to productive sectors & foreign portfolio investors being allowed to invest in G-secs after their investment limits are utilized signal the central bank's pro-activeness to mobilize the Indian economy.

The Cabinet on Thursday cleared two amendment Bills paving the way for banks to recover loans from errant borrowers. The move would also help the financial institutions to reduce their non-performing assets and release funds for home, retail or corporate credit needs.

There are more 3 BHK's apartments than 2 BHK ones so if u need to take a decision do not waste a long time. Its HIDCO approved property. Banks Issuing Home loans in Unitech Vistas include HDFC Bank, Axis Bank, LIC Housing Finance Ltd, State Bank of India, DHFL, IDBI Bank and ICICI Bank.

360 Realtors, as the name suggests, is a company which provides 360-degree solution to all your realty investments. We are the largest real estate consulting company in India with envision to succeed on the principles of commitment, honesty and reliability.