India-Real-Estate.org

Hi Folks, lots of questions from our visitors have been coming on Home Loans since Banks started reducing home loan rates. Please see the previous posts for our views on what factors to consider when home loan interest is reduced (and if you are on a fixed interest rate home loan plan). Here’s a question [...]

The major news from last week for home loans and residential property is this: State Bank of India (SBI) has frozen interest rates at 8% for a year for new home loan customers. Now SBI has one of the most (if not “the most”) attractive home loan interest rate in India. And SBI is SBI…dependable [...]

India’s largest housing finance company HDFC has reduced home loan rates by as much as 150 basis points (ie 1.5%). So now, the floating rate for home loans has come down from 11.25% to 9.75%, which is the same level as in 2006. Real estate advisers say the maximum benefit from this rate cut will [...]

As you would notice from the posts on this website, there are different kinds of rules for different kinds of real estate investing in India. If all you want to do is buy an apartment for yourself, its straight forward. But its different if you want to build an apartment complex or township or SEZ [...]