Real Estate Finance
DLF fixes IP price at Rs 230
Written by Jayanta Wednesday, 15 May 2013
( 0 Votes )NEW DELHI: India’s largest real estate firm DLF has priced its institutional placement at Rs 230, the company told the Bombay Stock Exchange on Wednesday. DLF offered 8.1 crore equity shares to institutional investors in the IPP that closed on Tuesday. The issue that will help DLF raise Rs 1,863 crore was oversubscribed by 1.3 times. DLF...Read more... Add new comment
How to handle home loan defaults
Written by Jayanta Sunday, 05 May 2013
( 0 Votes )Santosh had been quite regular with home loan EMI payments for the last three years. However, paying for his father’s sudden medical requirements drained off his balance leading to a couple of EMIs being defaulted upon. Once his initial worries about his father’s health were over, Santosh asked the bank what his options were with...‘Our products will enable early home ownership with a lower down payment’
Written by Jayanta Sunday, 05 May 2013
( 0 Votes )The India Mortgage Guarantee Corporation (IMGC) is a first-of-a kind entity set up in the country. Its primary function would be to offer mortgage guarantees on housing loans. Amitava Mehra, the CEO of IMGC in an interview to L Ramakrishnan says that in the years to come, the aspiring home owner will be able to buy a home earlier and with...To invest or prepay? A crucial decision
Written by Jayanta Monday, 29 April 2013
( 0 Votes )Ramesh has just received his annual bonus of Rs 3 lakh. He has a home loan for Rs 35 lakh with a private bank, and pays interest at 11 per cent per annum. The equated monthly instalment (EMI) paid by Ramesh is Rs. 34,500. He wishes to reduce this huge burden progressively. The long tenure of a home loan results in a substantial interest outflow,...National Housing Bank forms India’s 1st loan mortgage guarantee company
Written by Jayanta Wednesday, 24 April 2013
( 0 Votes )Source: Times Of India Publish: 24-April-2013...More Articles...
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