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Lenders cut EMIs, raise tenure to lure home buyers who deferred purchase
Sep 09, 2013
CHENNAI: Dewakar G is looking to shift his home loan to another bank or housing finance company (HFC). Currently, he pays an equated monthly instalment (EMI) of Rs 26,048 on a home loan of Rs 22 lakh - which works out to Rs 1,184 per lakh.
Construction delays make buyers pick resale homes
Jun 29, 2013
BANGALORE | DELHI:New home sales may be few and far between, but resale of properties is booming. Sale of such properties is up 40% across the country in the last six to eight months as buyers become more risk-averse looking at the enormous construction delays, property brokers and financial institutions say.

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