Indiabulls Housing Finance reduces Home loan Rates by 15 bps

Indiabulls Housing Finance Limited announced its revised home loan rate of 9.15%, a reduction of 15 basis points for its customers, effective 4th November. Gagan Banga, Vice Chairman and Managing Director, Indiabulls Housing Finance said, “We havealways strived to provide our customers with superior services & the most competitive rates. Areduction of

Indiabulls Finance raises Rs 315 crore for affordable housing sector

By Accommodation Times Bureau NEW DELHI A home-loan provider firm, Indiabulls Housing Finance Limited (IBHFL) has raised about Rs 315 crore via masala bond, IBHFL said in a statement on Wednesday. The company stated in a statement that, the Indian currency denominated bond proceeds will be used for financing the affordable housing sector. “This

Moving focus to Tier II cities and resale markets have cushioned us: Chaudhary, IndiaBulls Housing Finance

By Accommodation Times News Service Q1. It is said that leaders have to work in volatile environment? Do you agree this personally and how it affects your leadership? A1. The competitive nature and constant evolution of the corporate world means that volatility exists for everyone. Keeping pace with the industry and thinking

Indiabulls gets Housing Finance Co. of the year

27th National Real Estate Awards : Accommodation Times Housing finance sector is the most regulated sector and in today’s economic scenario needs highest standards of management skill to arrest interest rates. Indiabulls have created new standards for housing finance by introducing new products and enhancing Loan to Value ratio. Mr. Ashwini Kumar Hooda –

Housing Finance touches lowest rates in last ten years

By Accommodation Times Bureau Banks are flushed with funds and RBI is continuously asking them to lend it to priority sector, which makes them compulsory to lend to retail customers. Last Union Budget also announced a subsidy to Middle Income Group Subsidy and on affordable housing lending. Actually, housing finance market

Tata Group bets big on home finance sector, to invest Rs 300crore more

By Accommodation Times News Service The $103-billion group will invest another Rs. 300crore through its subsidiary Tata Capital after already pumping in Rs. 200crore by subscribing convertible preference shares so far this fiscal year The Tata Group is placing a big bet on its home finance business with ambitions of matching Housing

Housing Finance Interest rate Comparison :10 Feb2015

  By Accommodation Times Research Interest Rate Comparison Loan Amount : Rs. 10,00,000/- Loan Period : 15 Years Sr.  No. Bank Int. rate Fixed EMI Fixed Int. Rate Floating EMI 1 Axis 11.75%  Rs 11841/- 10.40%  Rs 10992/- 2 BOB 10.25%  Rs 10900/- 3 CanFin Homes Ltd. 13% Rs 12652/- 10.75%  Rs 11209/- 4 Corporation Bank 13.10% Rs 12718/- 10.25%  Rs 10900/- 5 GIC Housing Fin 14% Rs 13317/- 10.25%  Rs 10900/- 6 HDFC Ltd. 14% Rs 13317/- 10.50%  Rs 11054/- 7 HSBC (India) Ltd. 13% Rs 12652/ 10.40%  Rs 10992/- 8 ICICI Bank Ltd. 13% Rs 12652/- 10.40%  Rs