Affordable Housing – The Next Big Phenomenon?
Affordable Housing – The next big phenomenon? For several years, one has been hearing the phrase ‘Affordable Housing’. When this phrase started gaining popularity, say around 10 to 12 years ago, there were people who considered it a newly coined oxymoron! Something that can be likened to phrases like ‘detailed summary’ or ‘happily married’. Can Housing […]
RBI and Stamp Duty and Registration charges
Sitaraman Swaminathan Just after a budget that allowed inclusion of NBFCs into the SARFAESI fold, giving a shot in the arm for NBFCs that are actively involved in property backed lending, RBI announced another relaxation in the lending norms for Banks. In 2012, RBI had brought out a policy that prohibited inclusion of Stamp Duty […]
Affordable Housing is now ‘Really Affordable for Banks’
Affordable Housing – Is it now really Affordable for Banks? In what may be termed a reasonably path-breaking move, the Reserve Bank of India (RBI) has announced a series of measures that would give a boost to the Banks to increase their exposure in this segment. So as India mortgage specialists and housing finance consultants, […]