RBI has mentioned a circular to all banks stating that they need to ensure they have followed the system that they have implemented where banks are not allowed anymore permitted to charge prepayment penalties on home loans on floating interest rate basis. Borrowers can now freely shift loans without incurring prepayment charges. There might be […]
The National Housing Bank had received approval in establishing a mortgage guarantee company. This information was stated by a top bank official and he also included that they will raise Rs 120 crore of paid up capital in the next two weeks. The National Housing Bank will be assisted by two big companies which are […]
A new cheaper deal in the realty sector has got the attention of a lot of people. The Vibgyor Group has launched affordable housing projects across India. These houses are priced at Rs 3 lakh. The cheap price doesn’t mean that the quality and design of the house was compromised since these houses still have […]
The Edelweiss Housing Group which is a housing finance company is planning to attain a total of Rs 1,500 crore for this fiscal. An official of the company have said that they would make necessary strategies in order to raise their sales for this fiscal year. They will be putting this into realization with raising […]
