1. Due to global recession world wide the interest rates are being cut across the board and India is not immune from it. All the main banks of India namely SBI, Bank of Baroda, ICICI, Axis Bank, HDFC and Oriental bank of commerce are contemplating the rate cut.
2. Thus if you intend owning a home than do remember to undertake the negotiation session with the home loan provider as well as with the real estate agent to negotiate the price as they are ready to throw freebies like free airconditioning etc as it is becoming difficult for home loan developers to service their loans and thus are ready to sell the developed plots at cost to cost basis.
3. Even SBI is offering the most competitive finance for DDA flats in Delhi and is charging minimum i.e. close to Rs 5000+ per application for financing of each application. However other banks are charging Rs 6000+ upwards for the finance of each application.
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This blog is a personal blog written and edited by me. For questions about this blog, please contact me.
This blog accepts forms of cash advertising, sponsorship, paid insertions or other forms of compensation.
This blog abides by word of mouth marketing standards. We believe in honesty of relationship, opinion and identity. The compensation received may influence the advertising content, topics or posts made in this blog. The owner(s) of this blog is compensated to provide opinion on products, services, websites and various other topics. Even though the owner(s) of this blog receives compensation for our posts or advertisements, we always give our honest opinions, findings, beliefs, or experiences on those topics or products. Every effort is made to make the sponsored post identifiable but at times due to advertisers restrictions the same may not be feasible all the time.The views and opinions expressed on this blog are purely the bloggers' own. Any product claim, statistic, quote or other representation about a product or service should be verified with the manufacturer, provider or party in question.
The owner(s) of this blog would like to disclose the following existing relationships. I have a interest in real estate field which may influence the style of writing.
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