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Home Loans of up to Rs 35 Lakh may Cost Less in Metros

Home Loans of up to Rs 35 Lakh may Cost Less in Metros

The decision of the Reserve Bank of India (RBI) to hike repo rates by 25 basis points, indicating tightening in the interest rates, could make all loans including home loans costlier, but the revision of housing loan limits for priority sector lending (PSL) from existing Rs 28 lakh to Rs 35 lakh may lead to reduction in the interest…

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State issues 86 Licences in 14 cities for Affordable Housing

State issues 86 Licences in 14 cities for Affordable Housing

The recession-hit reality sector seems to have taken a fancy for affordable housing with the state government issuing 86 licences in 14 cities in Haryana. The realtors plan to build subsidised houses under the Pradhan Mantri Awas Yojana (PMAY). Gurugram tops the list with 46 projects spread over 254.48 acres followed by Faridabad with 12…

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