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  • STATE BANK HIKES PRIME AND HOME LOAN RATES

    [photo:listing:834060:4][photo:listing:828319:2] The country’s largest commercial bank, State Bank of India (SBI), on Monday announced a hike in its benchmark prime lending rate (BPLR) by 75 basis points, the highest by any bank so far in the latest round of rate hikes. The hike includes home loans, excluding existing loans falling under ...
    Posted to Ramprasad Padhi (Weblog) by 23609 on February 20, 2007
  • BUILDERS MUST TELL ALL TO BUYER - A Step in the Right Direction

    The next time you go on a property hunt, you can ask your real estate promoter whether the particular plot is capable of being loaded with additional FSI in the future. The promoter is legally bound to give you the answer. In a major relief to flat buyers in Maharashtra, the Supreme Court on Thursday held that real estate promoters must not only ...
    Posted to Ramprasad Padhi (Weblog) by 23609 on January 13, 2007
  • Property Buying in India for NRI's

    There has never been a better time for NRI's to buy realty in india, than now Not only have construction standards up the ante, bigger complexes and layouts today give the same ambience and lifestyle homes that most of the developed countries worldwide. And if you look at the fundamentals ruling the realty market, India is an emerging blue ...
    Posted to Ramprasad Padhi (Weblog) by 434400 on January 9, 2007
  • Are Fixed Rate Home Loans really Fixed ?

    DNA - Vivek Kaul Wednesday, January 03, 2007  Home loan interest rates have been on their way up for some time now. Individuals who had taken a floating rate home loan have seen their interest rates increasing. In some cases, the floating interest rate has gone beyond the interest rate that had prevailed on a fixed interest rate ...
    Posted to Ramprasad Padhi (Weblog) by 23609 on January 7, 2007
  • HDFC HIKES INTEREST RATES BY 50BPS AS CRR EFFECT KICKS IN

    HDFC, the country’s largest housing finance company has raised interest rates on loans by 50 basis points, the third hike during the current financial year. HDFC has, however, left fixed rates unchanged at 11 percent. Floating rate loans have gone up to 9.5 percent for loans above Rs 10 lakh while interest rates on loans below Rs 10 ...
    Posted to Ramprasad Padhi (Weblog) by 23609 on January 7, 2007