Browsing Tag

housing finance

5 posts
RBI

Homebuyers Rejoice: RBI’s 50 bps Rate Cut Lowers EMIs, Boosts Affordable Housing Prospects

In a significant move for homebuyers, the RBI has cut the repo rate by 50 bps to 5.5%, making home loans cheaper and boosting affordability in the affordable and mid-income housing segments. Developers and industry leaders welcome the decision, expecting renewed demand and faster project execution.
RBI

RBI Rate Cut Brings Good News for Homebuyers: Lower EMIs

In a major relief for homebuyers, the RBI has reduced the repo rate by 25 basis points to 6%, marking its second consecutive cut. Industry leaders say this move will improve housing affordability, boost buyer sentiment, and encourage new project launches—especially in affordable and mid-income segments.
India's booming housing sector

India’s Housing Loan Market Expands to ₹33.53 Lakh Crore, Registers 14% YoY Growth

India’s housing sector continues its upward trajectory, with the National Housing Bank (NHB) reporting that outstanding individual housing loans surged to ₹33.53 lakh crore as of September 30, 2024—a 14% YoY increase. The report highlights the evolving homebuyer preferences, regional credit disparities, and the impact of government schemes like PMAY and UIDF. With urbanization and digitization reshaping the real estate landscape, the sector remains poised for sustained growth in the coming years.

50k Homebuyers Register for Property Expo in Mumbai

The HOMETHON Property Expo 2024 in Mumbai has attracted over 50,000 registrations, highlighting a strong demand for sustainable housing. Set for October 4-6, the expo will showcase more than 1,000 projects, emphasizing climate-friendly practices and exclusive offers for homebuyers.
NAREDCO

NAREDCO Maharashtra to Host Real Estate Expo in Mumbai

NAREDCO Maharashtra will host HOMETHON 2024, India’s largest real estate property expo, from October 4 to 6 in Mumbai. The event will feature over 1,000 projects from leading developers and offer special incentives for homebuyers, alongside attractive financing options.