Latest Realty News

Axis Bank cuts fixed home loan rate to 10.40%
Dec 10, 2014
Mumbai: Axis Bank Ltd, India’s third largest private sector bank by assets on Tuesday cut its fixed rate home loan interest rate to 10.40% from 11.75% earlier
Warning bell: RBI red flags 20:80 home loan schemes
Sep 04, 2013
MUMBAI: The Reserve Bank of India (RBI) wants banks and home buyers to be wary of the so-called '20:80, 25:75' schemes as a default by the builders could affect the credit profile of the borrower and expose the banks to higher NPAs and possible diversion of funds. Real estate companies have been offering schemes called 20:80 and 25:75 where the builder agrees to pay interest on the borrower's loan for a specific period.
Wave City ties up with SBI for financing loans
Jul 05, 2013
LUCKNOW/NEW DELHI: Wave City, a 4,500 acres integrated township being developed by Wave Infratech has roped in State Bank of India to fund its projects.

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