Real Estate Finance

All’s fair in love and loans

Written by Webmaster Tuesday, 18 February 2014

( 0 Votes )Some financial institutions are now offering special home loan rates for women. A look at this trend… Since late 2013, several home financiers like State Bank of India and LIC Housing Finance have promoted time-bound schemes to lure the woman borrower with discounted loan rates for home purchases. Some shaved off 5 basis points or 0.05% from their...
 

Beware of what you are “banking” upon

Written by Jayanta Friday, 14 February 2014

( 0 Votes )TNS Your bank may be disbursing home loans without due diligence of realty projects. So don’t be lax in checking out the builder’s credentials If you believe that the project in which you have booked your flat is free from all the issues just because your bank has cleared your loan application and approved the required amount — then it’s time to th...

Beware of what you are “banking” upon

Written by Webmaster Friday, 14 February 2014

( 0 Votes )TNS Your bank may be disbursing home loans without due diligence of realty projects. So don’t be lax in checking out the builder’s credentials If you believe that the project in which you have booked your flat is free from all the issues just because your bank has cleared your loan application and approved the required amount — then it’s time to th...
 

Private equity firm MPC Synergy Real Estate to exit Anil Nanda’s Akme Projects

Written by Jayanta Friday, 07 February 2014

( 0 Votes )Private equity firm MPC Synergy Real Estate is exiting its investments in Akme Projects, the real estate developing firm of Anil Nanda Group, two people with direct knowledge of the development said. “The fund does not want to continue business with Akme Projects as the relationship did not go as planned. Some projects are yet to take...

Smart ways to manage your home loan interest burden

Written by Jayanta Wednesday, 05 February 2014

( 0 Votes )Hopes of a minor fall in interest rates, especially on home loans, were dashed last week after the RBI hiked its key rates in its policy review. Home loan borrowers, especially those crushed by a heavy EMI, have been looking at the RBI for some solace for a while now. Generally, borrowers can do very little other than prepaying a part of the loan...
 

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