home loan rates

Affordable housing hit badly in real estate slump (Comment)


July 15th, 2012 - 3:04 pm ICT by IANS
Amid economic slowdown, the drastic fall in home absorption rates this year is a matter of serious concern. The high property and home loan rates have taken the toll of sales, ... Read more...

Posted in Business |

Tough year for realty, no respite seen in short-run (2011 in Retrospect)


December 29th, 2011 - 12:53 pm ICT by IANS
New Delhi, Dec 29 (IANS) The realty industry in India faced a negative sentiment in 2011, with developers, buyers and investors caught in a quagmire due to a host of ... Read more...

Posted in Business |

SBI withdraws ‘teaser’ home loans, hikes rates


April 20th, 2011 - 10:11 pm ICT by IANS
Mumbai, April 20 (IANS) State Bank of India (SBI), the country's largest lender, said Wednesday it will end the much-debated teaser home loan rates from May 1 to pacify ... Read more...

Posted in Business |

HDFC net up 20 percent in first quarter


July 22nd, 2009 - 7:13 pm ICT by IANS
Mumbai, July 22 (IANS) Housing Development Finance Corp (HDFC) has seen its net profit for the quarter ended June 30 increase over 20 percent to Rs.565 crore, as compared to Rs.468 crore ... Read more...

Posted in Business |

Jaipal Reddy proposes cut in home loan rates


June 16th, 2009 - 7:54 pm ICT by IANS
New Delhi, June 16 (IANS) Urban Development Minister Jaipal Reddy Tuesday sought to boost affordable housing, proposing an interest rate of 7.5 percent on loans for houses costing between Rs.5 lakh and ... Read more...

Posted in Business |

ICICI Bank slashes home loan rates


March 6th, 2009 - 8:19 pm ICT by IANS
Mumbai, March 6 (IANS) Two days after the country's central bank lowered key rates, private lender ICICI Bank Friday cut interest rates in new home loans by 25-50 basis points. For home loans ... Read more...

Posted in Business |

ICICI Bank, LIC Housing cut home loan rates


December 31st, 2008 - 9:42 pm ICT by IANS
Mumbai, Dec 31 (IANS) Two more lending institutions - ICICI Bank and LIC Housing - Wednesday cut their interest rates on home loans by up to 75 basis points (bps).While LIC Housing ... Read more...

Posted in Uncategorized |

DLF urges government to cut home loan rates (Lead)


November 18th, 2008 - 5:27 pm ICT by IANS
New Delhi, Nov 18 (IANS) Hours after Finance Minister P. Chidambaram called upon industry to cut down prices, property developer DLF Tuesday said real estate prices were bound to come down due ... Read more...

Posted in Business |

Freebies like Mercedes, BMW failing to push house sales


November 9th, 2008 - 2:34 pm ICT by IANS
New Delhi, Nov 9 (IANS) Even freebies like Mercedes, BMW and gold medallions are failing to lure home buyers this season, resulting in a 50 percent dip in purchases in both premium ... Read more...

Posted in South Asia |

Banks, analysts welcome cut in cash reserve ratio


October 10th, 2008 - 9:05 pm ICT by IANS
Mumbai, Oct 10 (IANS) Terming it as the "need of the hour", bankers and analysts have welcomed the Reserve Bank if India's (RBI) move to inject Rs.600 billion ($15 billion) liquidity through ... Read more...

Posted in Uncategorized |

ICICI, HDFC bank hike home loan rates by 0.75 percent


July 31st, 2008 - 8:34 pm ICT by ANI
New Delhi, July 31 (ANI): The HDFC Ltd today announced a hike of 0.75 per cent in lending rates from August 1 for old and new floating rate customers, who would ... Read more...

Posted in National |

Realtors fear further slowdown following rate hikes


July 29th, 2008 - 9:59 pm ICT by IANS
New Delhi, July 29 (IANS) Indian realty companies have sharply criticised the central bank's move to increase repo rate and cash reserve ratio (CRR), saying this would further burden the real estate ... Read more...

Posted in Business |

State Bank may increase interest rates again


July 1st, 2008 - 1:33 pm ICT by IANS
New Delhi, July 1 (IANS) India's leading public sector bank, the State Bank of India (SBI), could once again increase its interest rates including that for loans for housing and consumer durables, ... Read more...

Posted in Business |

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