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ICICI Bank Proclaimed Single Rate for Home Loans up to Rs 5 Crore
Posted on Aug 22, 2014
ICICI Bank, the Indias largest private lender, has proclaimed a single rate of 10.15 percent for all home loans up to Rs 5 crore for salaried folks.For self employed people, the floating rate of interest will be 10.15 percent for loans up to Rs 75 Lakh and from Rs 75 Lakh to Rs 3 crore it will be around 10.35 percent. the bank was charging 10.15 percent on home loan up to Rs 75 Lakh and above Rs 10.50 Lakh for both salaried and self employed people.The new rate of investment is effective for loans sanctioned from August 14 to August 31. The ICICI Bank also introduced a 10 year fixed rate home loan product at 10.25 percent. The new interest rate for woman is 10.10 percent for loans up to Rs 75 Lakh. Earlier, Standard Chartered Bank reduced its base rate from 10.25 percent to 9.75 percent.HDFC Bank, the Indias biggest mortgage lender.

Source: http://www.siliconindia.com/realestate/news/ICICI-Bank-Proclaimed-Single-Rate-for-Home-Loans-up-to-Rs-5-Crore-nid-171440.html

ICICI Bank offers single interest rate for home loans
Posted on Aug 22, 2014
ICICI Bank has announced a single rate of 10.15 per cent for all floating rate home loans up to Rs 5 crore for salaried individuals. The floating rate of interest will be 10.15 per cent for loans up to Rs 75 lakh and 10.35 per cent for loans from Rs 75 lakh to Rs 3 crore. The new rate of interest is effective from August 14 for loans sanctioned up ...
Source: http://www.moneyguruindia.com/article.php?cid=7935&id=2

Beware! Property Scams on the Prowl in Bangalore
Posted on Aug 22, 2014
Bangalore is one of the best steadily developing city in India, both in commercial and residential aspects. Purchasing a property in Bangalore city can generate great returns in short span of time. At the same time, one has to be cautious while buying a property as, property scams are on an upswing. Booming market always brings unsavory people who ...
Source: http://www.siliconindia.com/realestate/news/Beware-Property-Scams-on-the-Prowl-in-Bangalore-nid-171236.html

Gurgaon: 2, 3BHK units garnering demand in Sohna
Posted on Aug 20, 2014
Sohna aka Greater Gurgaon located 24 km from Gurgaon city is the next upcoming destination for investment. It is among the prime areas of the city eyed both by developers and buyers. Sohna has many affordable investment avenues. new projects are lined up in Sohna, out of which 80 per cent will be offering 2 and 3BHK multi-storey apartments and rema ...
Source: Pushpa Rawat, Magicbricks.com Bureau

Luxury property market picks up in Pune
Posted on Aug 20, 2014
Pune, known as Oxford of the East, has always been preferred by young home buyers. Thus, demand for affordable to mid-segment properties has always been on the rise. Pune residential market has shown a shift towards high-end properties in the range of Rs 1-2 crore. These properties are in demand and also have sufficient supply in the city. luxury p ...
Source: Neha Nagpal, Magicbricks.com Bureau

Bhopal: Landlords earn rent of up to Rs 30K monthly
Posted on Aug 20, 2014
Malviya Nagar are considered to be some of the premium addresses of Bhopal city. , Malviya Nagar offers bungalows at a minimum monthly rent of Rs 18,000 which may go up to Rs 30,000-35,000 as per the furnishing, flooring and amenities offered along with the unit. It makes a profitable investment for home buyers is its affordable capital values. a 2 ...
Source: Surbhi Gupta, Magicbricks.com Bureau

Mumbai property prices leave Delhi behind
Posted on Aug 20, 2014
Delhi logged the least price rise of 4.4%, Mumbai showed record appreciation of 25.27% between June 2012 and May 2014. Delhi and Mumbai, two of the biggest residential property markets in the country. The inventory levels have been rising. Mumbai Metropolitan Region has an inventory of 53 months at the end of June this year. The number of new launc ...
Source: http://www.business-standard.com/article/companies/mumbai-property-prices-leave-delhi-behind-114081400055_1.html

A 10-year fixed rate home loan from PNB Housing Finance
Posted on Aug 20, 2014
The offer is available on both home loans as well as loan against property. It can provide you the immunity against rate hike worries and fluctuation in EMI outgo. Fixed rate home loans may be a thing of the past, but you can still get a temporary fix on interest rates for say three or five years. PNB Housing Finance has come one up on the numerous ...
Source: http://www.moneyguruindia.com/article.php?cid=7871&id=5

Whitefield – Development hub for micro markets
Posted on Aug 20, 2014
Connectivity was one of the key factors that led to Whitefield developing as an IT hub. Good civic infrastructure provided a link to important commercial centres as well as to upcoming areas in the vicinity. Cushman & Wakefield, “Connectivity to Whitefield has led to commercial development in the locations around, especially along the ORR belt. ...
Source: The Times of India

Hyderabad: Where to rent a 3BHK for Rs 11,000
Posted on Aug 20, 2014
These localities are close to the IT corridor of Hitec City and Gachibowli, having affordable rental housing options for professionals working here. Madinaguda and Nizampet, both have established infrastructure and offer basic amenities in close proximity. 3BHK builder floor unit in Nizampet is available for rent at a starting cost of Rs 7,500 per ...
Source: Surbhi Gupta, Magicbricks.com Bureau

Affordable projects to hit Kolkata market soon
Posted on Aug 20, 2014
Affordability is what drives the Kolkata real estate market. Having realised this, developers in the city are readying to launch several affordable projects in the price bracket of Rs 20-30 lakh. One development that is expected to drive the real estate sector in Kolkata is the launch of affordable housing projects. projects are coming up in suburb ...
Source: Sruthi Kailas, Magicbricks.com Bureau

Metro boosts Ghatkopar West real estate market
Posted on Aug 20, 2014
Both capital and rental values have increased by nearly 50 per cent in the last three years in Ghatkopar. The completion and running of Versova-Andheri-Ghatkopar Metro, these values are expected to rise further by 10-15 per cent in the next six months. metro link has not only improved the connectivity but has also boosted the realty market of Ghatk ...
Source: Ankit Sharma, Magicbricks.com Bureau

Outlook good for affordable housing
Posted on Aug 20, 2014
The recent Union Budget has changed the definition of affordable housing, pegging this category of houses to their cost, in the range of Rs 50-60 lakh, depending upon the location and city . With availability of easy finance and low EMIs, more number of buyers will now be open to buying budget houses. The new guidelines allow developers to commit 3 ...
Source: Times Property, Delhi/ NCR

Property price rise by 1 crore in Sewri
Posted on Aug 16, 2014
The average capital values which were Rs 25,000 per sq ft in 2012, have soared up to Rs 35,000 per sq ft in 2014. The upcoming Monorail, easy connectivity through the Eastern Freeway and rapid real estate development, has led to an increase in property prices. Due to the high property prices, the middle-class segment is unable to purchase property ...
Source: Times Property,Pune

Own a home near Mumbai within Rs 20-40 lakhs
Posted on Aug 16, 2014
Asangaon is offering properties within Rs 20-30 lakhs. “Asangaon is still under development in terms of infrastructure. The locality is a part of Thane district and is about 70 kms from Mumbai through the expressway .“ Located in Navi Mumbai, Panvel connects Mumbai and Pune. Raj Tandon, The area is best suited for those looking to invest in a prope ...
Source: Times Property,Pune

Chikhali and Rahatni see record development of smaller units
Posted on Aug 16, 2014
Chikhali and Rahatni localities of north Pune, are witnessing maximum supply of smaller units, , there is maximum supply of 1 and 2-BHK apartments in these two localities. The citys high capital value, for larger units, has driven the middle-class potential home buyers to opt for comparatively lower priced and affordable smaller units. 1-BHK apart ...
Source: Times Property,Pune

Rs 49 lakh flat asks for Rs 65 lakh in Pune
Posted on Aug 16, 2014
Bavdhan, a locality in West Pune, has witnessed over 30 per cent appreciation in just two years, filling about Rs 16 lakh in the investors pockets. Yet, it remains affordably priced. the price in June 2012 was within Rs 4,700-5,200 per sq ft, which increased to Rs 6,200-6,700 per sq ft in June 2014. That means, the flat which was available for Rs ...
Source: Surbhi Gupta, Magicbricks.com Bureau

Mohan Nagar preferred for rent in Ghaziabad
Posted on Aug 16, 2014
Mohan Nagar has featured in the top ten preferred localities for rent in Ghaziabad in the Apr-Jun 2014 PropIndex. Increased demand has led to a rise of 10 per cent in rental values in this area. People in the income bracket of Rs 20,000 per month are unable to rent a house in Delhi, Noida, Gurgaon and parts of Ghaziabad due to expensive rental valu ...
Source: Pushpa Rawat, Magicbricks.com Bureau

Godrej Properties unveils Townhomes in Bengaluru
Posted on Aug 16, 2014
Godrej Properties Ltd (GPL), the real estate development arm of the Godrej Group, has launched Townhomes at Godrej Gold County (GGC), Tumkur Road, Bengaluru. Spread over approximately 1.6 acres, Godrej Gold County has been recognised as one of the top 100 projects in India by Realty Plus and as 'Luxury Villa Project. The location offers excellent c ...
Source: http://www.realtyplusmag.com/rpnewsletter/fullstory.asp?news_id=25786&cat_id=1

Vishrantwadi offers maximum rental returns in Pune
Posted on Aug 16, 2014
If you have invested in Punes Vishrantwadi, there is reason for you to cheer. Located in Central Pune, Vishrantwadi gives its counterparts such as Viman Nagar and Kalyani Nagar, a run for their money when it comes to rental market. it will give you maximum rental returns annually as compared to any other area in Pune. Everyone wants to stay in a g ...
Source: Neha Nagpal, Magicbricks.com Bureau




Recent Articles
ICICI Bank Proclaimed Single Rate for Home Loans up to Rs 5 Crore
ICICI Bank offers single interest rate for home loans
Beware! Property Scams on the Prowl in Bangalore
Gurgaon: 2, 3BHK units garnering demand in Sohna
Luxury property market picks up in Pune
Bhopal: Landlords earn rent of up to Rs 30K monthly
Mumbai property prices leave Delhi behind
A 10-year fixed rate home loan from PNB Housing Finance
Whitefield – Development hub for micro markets
Hyderabad: Where to rent a 3BHK for Rs 11,000

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