NRI New: Finance, Investment, and Outreach

CORPORATION BANK LAUNCHES HOUSING LOAN SCHEME FOR NRIS Mangalore The Hindu Business Line Corporation Bank’s new housing loan scheme for NRIs, ‘Corp Home Premium — NRI’, was launched by Ashwani Kumar, Executive Director, at an NRI meet in Mangalore on Thursday. A bank release said the loan is available for purchase of ready-built house/flat, construction…

The time has come… for an NRI to buy a house

TIME FOR NRIs TO BUY A HOUSE After a rollercoaster ride, the residential property market has stabilised now and a number of developers are gearing up to launch new housing projects. Developers are gaining confidence and pricing the products in a realistic manner. Realty funds are coming back to identify strategic partners for investments in…

Realtors, Banks Cheer As Home Loan Rebate Stays

Sarbajeet K Sen & Ranjit Bhushan New Delhi | Financial Chronicle The government’s decision to retain tax benefits on interest payment on home loans in the Direct Taxes Code will egg on home buyers to sew up deals and, hence, it will help the continuing buoyancy in home buys as well as loan offtake, according…