Scheme of 1% Interest Subvention on Housing Loans up to Rs. 15.00 lakh

By Accommodation Times Bureau RBI wants to implement the Housing Finance subsidy of Rs.400/- crore given to deduce interest by 1% on properties below Rs.25 Lakh. ?????? ??????? ? ? __________________RESERVE BANK OF INDIA_________________ RBI/2012-13/214 RPCD.MSME&NFS.BC.No. 30 /06.11.01/2012-13 September 18, 2012 The Chairman/Managing Director/ Chief More...

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By admin On Friday, August 3rd, 2012
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Its not Interest Rates reduction its Under Cutting for Housing Financiers

By Accommodation Times Bureau By Dr Sanjay Chaturvedi On the pretext of reducing the interest rates on home loans, Teaser Rates are back. Housing Financiers follow their own Prime Lending Rates (PLR) and for this, More...

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By Staff Reporter On Wednesday, June 6th, 2012
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No Prepayment levy on Foreclosure of home loan: RBI

By Accommodation Times Bureau The Committee on Customer Service in Banks Chairman M.Damodaran had observed that foreclosure charges levied by banks on prepayment of home loans are resented upon by home loan borrowers More...

By Staff Reporter On Wednesday, May 23rd, 2012
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Economically Weaker Section gets 5% Interest Subsidy for housing

By Accommodation Times Bureau New Delhi: The Minister for Housing and Urban Poverty Alleviation Kumari Selja has said that the Interest Subsidy Scheme for Housing the Urban Poor (ISHUP) was launched with a view More...

By Staff Reporter On Wednesday, May 16th, 2012
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Kerala Govt. approached to HUDCO for loan of Rs.2500cr

By Accommodation Times Bureau The Minister for Housing and Urban Poverty Alleviation Kumari Selja has said that Government of Kerala had approached Housing & Urban Development Corporation Limited (HUDCO) for More...