Residential Land for Sale in Sector 2 Panchkula Chandigarh
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RBI’s Tweaking Of Lending Norms Makes Affordable HouThe affordable housing segment will get a boost with the Reserve Bank of India on June 6 raising the loan limits under priority sector lending. The RBI has decided to revise the housing loan limits for PSL eligibility from Rs 28 lakh to Rs 35 lakh in metropolitan centres and from Rs 20 lakh to Rs 25 lakh in other centres.
Explaining NRI Investments In India's Real EstateIndia has a policy for non-residents which invites them to invest in the Construction and Development sector. For investment in independent premises, the policy is open only for NRIs.
Know These Finance Terms Before You Go For A Home LoMakaaniQ explains some financial jargons. Repo rate is the rate at which the RBI lends the money to commercial banks. Reverse repo rate is the rate banks charge on funds they invest in government securities with the RBI. The base rate is the minimum interest rate at which banks lend money to customers. Cash Reserve ratio is a specified proportion of the total deposits that banks are required to hold as reserves, in the form of cash or deposits, with the RBI. Statutory Liquidity Ratio (SLR) is the ratio of liquid assets banks hold and the Net Demand and Time Liabilities.
Weaker Rupee Sparks Interest In Gulf-Based InvestorsIndia has been known to be the third-largest real estate investment hub for HNIs as well as NRIs. According to a Khaleej Times report, a survey reveals that 42.34 per cent of the participants had declined finance to buy a property in India. A few months ago, the percentage of people who denied loans to finance their purchase stood at 33.66 per cent.
Here's How Title Insurance Will Protect HomebuyersTitle insurance protects the potential owner of a property against possible financial crises caused due to property-related issues such as defects in property title, disputes or frauds. The policy is crafted in a way to safeguard interests of homebuyers, investors and lenders.