Mumbai: Ahead of the presentation of the Union Budget 2020-21, largest pure play home financier HDFC on Tuesday pitched for a one-time loan recast for realty projects. Its Chairman Deepak Parekh said lenders are not able to write new loans for projects because a new borrowing by an entity which is already a non performing … Read more
MUMBAI: Country’s largest public sector lender State Bank of India on Wednesday announced a ‘residential builder finance with buyer guarantee’ (RBBG) scheme aimed at giving a push to residential sales and improve homebuyers’ confidence. Under this scheme, the SBI will issue a guarantee for completion of select residential projects to customers which have availed home … Read more
4th note in the series… the last one for calendar year 2019 !
A landmark judgement by Supreme Court in favor of the home buyers. Lot of critical questions have been answered.
GDP growth revival is being seen as an important objective of this budget. The path to recovery might be ‘different but simpler’ than most believe.
Buyers now need not worry with one sided terms that a builder makes him sign in a property purchase transaction
I sincerely hope that Jaypee Wishtown doesn’t end up being only a wish !