Property News from IndianRealtyNews

Property News from IndianRealtyNews

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Home Loans to Stay Stable

Posted: 21 Apr 2010 09:59 PM PDT

A quarter percentage point hike in signal rates by the Reserve Bank of India (RBI) on Tuesday is not big enough for banks to immediately jack up lending rates. But the honeymoon of soft rates is over, and experts said consumer loans could get costlier later this year. The RBI increased its signal rates in its annual [...]

Consumer protection haunting the Housing Sector Badly

Posted: 21 Apr 2010 08:41 PM PDT

There is a shortage of 25 million houses in India. This is worrisome. Those who buy houses have an emotional attachment to the asset and the real estate sector even today is dominated by unorganised players. Consumer protection in this context is key and it is an issue that is haunting the industry at present. [...]

Banks Not to Jack up Home Loan Lending Rates

Posted: 20 Apr 2010 10:07 PM PDT

Home loan borrowers and prospective car buyers can heave a sigh of relief. A quarter percentage point hike in signal rates by the Reserve Bank of India (RBI) on Tuesday is not big enough for banks to immediately jack up lending rates. But the honeymoon of soft rates is over, and experts said consumer loans [...]

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