Latest Realty News

SBI offers lower rates to rivals’ customers
Mar 11, 2014
CHENNAI: In a fresh twist to the rate war in home loans, the country's largest lender State Bank of India is pitching its low interest rates to lure buyers who have already availed mortgages from rivals. The bank has sent out emails to prospective customers where it is marketing a balance transfer scheme in addition to selling fresh loans.
Smart ways to manage your home loan interest burden
Feb 05, 2014
MUMBAI: Hopes of a minor fall in interest rates, especially on home loans, were dashed last week after the RBI hiked its key rates in its policy review. Home loan borrowers, especially those crushed by a heavy EMI, have been looking at the RBI for some solace for a while now.
Long-term policy for mutual funds very soon: Sebi
Jan 28, 2014
MUMBAI: Sebi Chairman U K Sinha today said the market watchdog will shortly come out with a long-term policy for the mutual fund industry which will help deepen the penetration of the industry into non-metro markets.
Sebi unhappy with fund houses' efforts to increase reach
Jan 28, 2014
MUMBAI: Securities and Exchange Board of India (Sebi) has raised concern over lack of efforts shown by mutual fund houses to penetrate beyond the top cities, despite the extra incentives provided by the regulator.
Realty sector welcomes home loan rate cuts by SBI, HDFC
Dec 21, 2013
MUMBAI: Welcoming the 0.25 per cent rate cut by two of the biggest home loan financiers SBIBSE 1.24 % and HDFC, realty sector participants today said the move will help revive interest in the gloomy market.
Top realty firms like DLF, Oberoi Realty see sales fall 40-70% in Sept quarter
Nov 18, 2013
DELHI/MUMBAI: India's top listed real estate firms have reported a sharp drop in sales in the quarter to September as high prices and continued economic uncertainty kept home buyers away.
SBI surprises with rate hike on home loans
Sep 20, 2013
DELHI: Home loans have become costlier with State Bank of India (SBI) hiking its benchmark rates and revising the pricing in retail loans. The bank has also raised its deposit rates to increase the pace of fund mobilisation.
What happens if a lender takes over a housing project?
Sep 09, 2013
KOLKATA: Last month, the State Bank of IndiaBSE -0.18 % took over a housing project in Kolkata because the developer had defaulted on repayment of dues to the tune of Rs 176 crore. The Teen Kanya project was promoted by the Bengal Shelter Housing Development, a joint venture in which the state housing board has 49% stake. Therefore, its repossession by the SBIBSE -0.18 % has come as a shock for the 400-odd families that have invested in the project.
SBI ties up with Wave City
Jul 09, 2013
DELHI: WAVE City, a 4,500 acres integrated township under the flagship of WAVE Infratech has roped in The State Bank of India to fund its projects.
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.
SBI makes it easier for you to shift home loan
Nov 08, 2012
State Bank of India (SBI), India’s largest lender, has made it easier for home loans of other banks to swiftly flow into its books.
SBI is organizing a two-day property exhibition from 20th Oct 2012
Oct 19, 2012
Bhubaneswar: The State Bank of India (SBI) is organizing a two-day property exhibition at SBI LOCAL HEAD OFFICE, Bhubaneswar (Opp. Rabindra Mandap, Jawaharlal Nehru Marg) from 20th to 21st October, 2012. Since a lot of people tend to buy or change homes during the summer vacation, the time is ripe for such an exhibition in the city. The event, supported by Orimark Properties, will witness the
SBI eyes Rs 2-lakh-cr home loan portfolio by March '15
Oct 19, 2012
SBI’s home loan portfolio has recorded a 73.86 per cent growth against Rs 62,338 crore as on September 30, 2009 The country’s largest bank, the State Bank of India (SBI), is eyeing aggressive targets as it looks at doubling its home loan portfolio over the next three years. “We are hoping to have a home loan portfolio worth Rs 2 lakh crore by March 31, 2015. As on September 30, it stands at
SBI Property Xpo in Bhubaneswar
May 12, 2012
If you had been thinking long to buy your dream home, your wait could just be over. The time is ripe to book your dream property. The State Bank of India is organising a property exhibition in Bhubaneswar from 18th to 20th May 2012 at Hotel Swosti Premium. The event supported by Orimark Properties will display all SBI approved properties and will provide the buyers ample options to choose from.

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