Home Loan Archive

Affordable Housing: Now Avail 90% Loan for Properties Up to Rs 30 Lac

Properties costing up to Rs. 30 lac are now eligible for home loans up to 90% after the RBI’s latest circular to Indian banks. This is being seen as a major step to boost sales of affordable and low-cost houses within the country. It must be noted that earlier LTV (Loan_To-Value) ratio

RBI Provides another Breather by Lowering Risk Weights on Home Loans

The Reserve Bank of India has given the home buyers another reason to cheer as they recently announced a reduction in risk weights on home loans. This reduction will be applicable on home loans up to Rs. 75 lakh on the condition that the borrower will make large contribution by investing in

RBI Repo Rate Cut to Revive Real Estate Sector of India

The recent RBI repo rate cut of 50 bps is hoped to invigorate the real estate sector of India after the seemingly long-persisting gloom, resulting in heaps of unsold inventory and sluggish sales, dampening the spirits of both developers and buyers. However, this early festive surprise of a rate cut of 50

Home Loans to Get Cheaper Now!

Just after the recent repo rate cut of 50 basis points by RBI, the banks have finally started cutting down home loan interest rates. It is a welcome move not just for homebuyers but also the real estate developers who have been awaiting this news. Following RBI 50 basis cut earlier on