GUWAHATI: The Assam Real Estate & Infrastructure Development Association (AREIDA) in association with State Bank of India (SBI), the largest bank in the country, is organising a home loan fair under the banner “Areida Realty Summit-2014” at Hotel Brahmaputra Ashok, here a press release stated.
Ajanta Neog, Minister of PWD, who was the chief guest, along with Sanjay Kumar Magoo, Chief General Manager, State Bank of India, North Eastern Circle, formally inaugurated the fair in presence of PK Sarma, president of AREIDA, Mahendra A Sahu, general manager of SBI, distinguished guests, a large gathering of public and other senior functionaries of the bank.
The summit is providing an opportunities for customers and prospective buyers to meet 48 reputed builders and developers from Guwahati, Jaipur, Delhi, Kolkata and Bangalore to provide complete home solutions under one roof. On the occasion, SBI is proposing to give “in principle approval” to the customers based on certain criteria.
SBI is also giving concessions in margin money, rate of interest and processing fees for all the loans availed during the property fair period. With a view to providing one-stop solution for all their needs in the form of consultation and finance, SBI executives from HLST, RACPC, SBI Life, will be at their service at the SBI counter. Conferences and seminars are also being held at the summit and property and building materials are also being displayed, the release added.