PN Pudur Property

Right after the Reserve Bank of India (RBI) increased repo rate — the rate at which it lends money to other banks — to 6.50 per cent, several financial institutions, including country’s largest mortgage lender HDFC, have announced a hike in lending rates. This means cost of borrowing is going to get costlier for homebuyers.

Masala bonds are offered and settled in the US dollars to raise Indian currency from global investors for infrastructure development to be undertaken in India. It, therefore, is beneficial for offshore investors who are looking at an exposure in Indian assets. With housing finance companies issuing masala bonds, revival for real estate may be on the cards.

In his address to the nation on the New Year's Eve, Prime Minister Narendra Modi urged banks to make people from the lower-middle class and middle-class their areas of focus. PM's speech has prompted several banks, including India's largest lender SBI, to slash lending rates. The move is likely to give a renewed push to the affordable housing segment.

MakaaniQ shares the ways through which you can add the elephant theme into your home décor.

A look at what a false ceiling is and what its advantages and disadvantages are.