RBI's 25 bps rate cut: Happy times expected to continue for borrowers:

Apr 6, 2016 1:25:00 PM


By cutting the repo rate yet again, this time by 25 bps, the RBI has increased pressure on banks to pass on the decline in...

Read More

The new rate regime kicks in. Vineet Jain says: "There should be a fall of 50 bps in the effective ROI for Home Loan Customers in a Few Months":

Apr 1, 2016 12:09:00 PM

SBI and Bank of Baroda take lead in lowering lending rates based on new formula: 

State Bank of India and Bank of Baroda have taken the lead in setting lower lending rates based on the Marginal Cost Lending Rate system that will benefit millions of borrowers. However, those who have home...

Read More

Read the transcript of our CEO Vineet Jain's chat session in Moneycontrol.com today...

Mar 22, 2016 12:57:00 PM


Read the transcript of the chat session at: Read More

Maharashtra may waive stamp duty for small homes

Mar 16, 2016 7:33:00 PM

In a move to support the central government's vision of housing for all by 2022, the Maharashtra government is considering waiving stamp duty for houses with an area of less than 250 square feet and offering concessional rates for residences up to 450 sq ft. Read More

Cheer for home buyers! After Rajya Sabha, real estate regulatory bill cleared by Lok Sabha as well:

Mar 16, 2016 11:44:00 AM

The Lok Sabha today cleared the Real Estate (Regulation and Development) bill which seeks to set up a regulatory mechanism for the real estate sector to protect the rights of home buyers by ensuring timely delivery by builders and providing options...

Read More

Read our CEO Vineet Jain's article on Loan Against Property published in moneycontrol.com

Mar 15, 2016 11:10:00 AM

Loan against property can help you unlock the hidden value of your property by granting access to cheap and long term source of fund raising.
Read More

"Balance transfer - the way forward for home loan consumers" says our CEO Vineet Jain in his article published in moneycontrol.com

Mar 15, 2016 10:55:00 AM

Balance transfer can help you save money on interest and at the same time allow you to raise additional money to retire high cost borrowings such as credit card debt and personal loans:

Read More

Checkout the Budget 2016 Highlights:

Feb 29, 2016 6:43:00 PM

Finance Minister Arun Jaitley in his Budget 2016 speech stressed on Indian economy's resilience amidst the current global economic turmoil. "Global economy is in a serious crisis. Financial markets have been battered but Indian economy has held its ground...

Read More

New lenders to bring better home loan deals for buyers

Feb 4, 2016 3:32:00 PM

There is good news for potential home buyers. New schemes and better deals for customers are set to roll out as a host of fresh entrants intensify competition in the segment.

Read More

Read our CEO Mr. Vineet Jain's take on the SBI's FlexiPay Home Loan scheme featured in Business Standard:

Feb 3, 2016 2:41:00 PM

If you have zeroed in on your dream home, but cannot afford to pay the equated monthly instalments (EMIs) because of your low salary, you can opt for  Read More

Home sales might be slow, but home loan takers are aplenty

Jan 27, 2016 11:45:00 AM

Despite a slow real estate market over the last few years, cold consumer sentiment and high unsold inventory levels, housing finance companies say there is no dearth of home loan seekers in the market. On the contrary, the housing finance market is growing at an average of 16-18%...

Read More

ICICI Bank average ticket size dips on focus on smaller towns

Jan 15, 2016 4:13:00 PM

Private sector lender ICICI Bank's growing focus on on tier 2 and tier 3 cities has resulted in a...

Read More

Read our CEO Mr. Vineet Jain's take on the new formula to make floating lending rates featured in Economic Times:

Dec 28, 2015 3:15:00 PM

The much-awaited Reserve Bank of India (RBI) guidelines on calculating the benchmark lending rate are finally out. In yet another attempt to make banks pass on policy rate cut benefits to borrowers, the RBI has brought out a new methodology: Marginal Cost of Funds based Lending Rate (MCLR). Marginal...

Read More

RBI announces new formula for banks to calculate base rate.

Dec 18, 2015 11:04:00 AM

The Reserve Bank on Thursday announced a new base rate formula — moving toward marginal cost of funds methodology for interest rate on advances. The final norms on marginal costs for banks will be effective from April 1, 2016. RBI says all 'loans and credit limits from April 1 will be priced with...

Read More

Falling rates and rising income prompt banks to offer up to 30-year loans

Dec 17, 2015 3:00:00 PM

     Banks have turned active in giving out home loans for as long as 30 years for the first time since the 2008 credit crisis days as they attempt to revive demand in high-end home purchases,...

Read More

Will Dynamic Base Rate Pricing Help New Borrowers?

Dec 7, 2015 2:55:00 PM

RBI to allow computation of banks' base rates on the basis of marginal cost of funds:

Read More

RBI says more room for banks to pass on rate cuts...

Dec 2, 2015 4:48:00 PM

RBI Governor Raghuram Rajan today said that there is more room for rate cut by banks as the lenders on an average have only passed less than half of the 1.25 per cent reduction announced during 2015. 

Read More

Lenders Not passing the full rate Benefit to Customers likely to create an impact on RBI Policy- Apex bank will keep the rates Steady

Nov 28, 2015 3:47:00 PM

The Reserve Bank of India (RBI) is expected to hold its policy interest rate at 6.75 percent next week to stifle inflation, while data is seen showing economic growth accelerated to 7.3 percent in the September quarter, a Reuters poll of economists showed.

Read More

Who says Home Loan market is down..Read the story below:

Nov 26, 2015 5:00:00 PM

Lodha sells South Bombay Duplex at a record 1.60 lakh a sq. ft. : 

The apartment spread over 10,000 sq ft has been sold at the highest price per sq ft surpassing all earlier benchmarks. Earlier record for highest per sq ft price paid anywhere in the...

Read More