Gå ubegrenset med Magzter GOLD
Få ubegrenset tilgang til over 9000 magasiner, aviser og premiumhistorier for bare
Prøve GULL - Gratis
Lower home loan EMIs add to buyers' interest
Business Standard
|July 21, 2025
Real estate developers across India's top markets are reporting a rise in buyer enquiries, as banks slash home loan rates in response to recent repo rate cuts.
"On the demand side, there has been a marked increase in enquiries from potential homebuyers, particularly in the mid-income segments (homes priced between ₹40 lakh and ₹1.5 crore)," said Niranjan Hiranandani, chairperson of Hiranandani group and of the National Real Estate Development Council, under the Ministry of Housing and Urban Affairs.
Home purchase affordability improved across key Indian markets in the first half (H1) of calendar year (CY) 2025, after the Reserve Bank of India (RBI) reduced the repo rate by 100 basis points (bps) during the period, according to real estate consultancy Knight Frank India.
Last month, State Bank of India cut its home loan rate by 50 bps. The bank now offers home loans at 7.5-8.45 per cent, down from 8-8.95 per cent earlier. Canara Bank reduced its rate to 7.4 per cent from 7.9 per cent, while Bank of Baroda trimmed it to 7.45 per cent from 7.5 per cent.
Denne historien er fra July 21, 2025-utgaven av Business Standard.
Abonner på Magzter GOLD for å få tilgang til tusenvis av kuraterte premiumhistorier og over 9000 magasiner og aviser.
Allerede abonnent? Logg på
FLERE HISTORIER FRA Business Standard
Business Standard
‘Investor awareness becomes more important than ever’
Ananth Narayan G describes his three-year tenure as whole-time member of the Securities and Exchange Board of India (Sebi) as a privilege that allowed him to make an impact on a larger canvas.
3 mins
November 01, 2025
Business Standard
New currency of hard power
If China is an exporting superpower, America is an importing one. Mr Trump has turned what would usually be a liability into an asset
5 mins
November 01, 2025
Business Standard
Apple's India revenue hits new high in Sep qtr
Apple set an all-time revenue record in India for the September quarter, driven by strong iPhone sales, as the American technology giant’s overall sales revenue reached $102.5 billion globally.
1 mins
November 01, 2025
Business Standard
USFDA's new biosimilar norms to woo more players, fast-track mkt entry
The US Food and Drug Administration’s (USEDA)'s new draft guidelines aimed at speeding up and reducing the cost of developing biosimilars — lower-priced, near-replicas of complex biologic medicines — could significantly benefit Indian biotech companies.
2 mins
November 01, 2025
Business Standard
Apple revenue tops $100 bn for first time
iPhone price hike drives record quarter
1 mins
November 01, 2025
Business Standard
Broking industry sees high growth on digital push
The Indian broking industry is passing through a lean patch after two years of rapid growth and expansion.
3 mins
November 01, 2025
Business Standard
Al-related stocks have more room to grow'
Artificial intelligence (AI)-related stocks have more room to grow, said Mark Matthews, managing director (MD) and head of research for Asia at Julius Baer during lunch on the sidelines of the Business Standard BFSI Insight Summit 2025 on Friday.
1 mins
November 01, 2025
Business Standard
'Al unlikely to replace humans in fin services'
Artificial intelligence, or AI, has had an influence in the way we invest in stocks. While it helps you narrow the list of opportunities, it has not reached a point where it can replace wealth managers, points out Shankar Sharma, founder, GQuants, in a fireside chat with A K Bhattacharya. Edited excerpts:
4 mins
November 01, 2025
Business Standard
Vedanta net profit plunges 59% on exceptional losses
Mining major Vedanta’s consolidated net profit plunged 58.69 per cent year-on-year (Y-0-Y) to %1,798 crore inthe second quarter of 2025-26 (Q2FY26), dragged down by exceptional losses booked during the period under review. The company had reported anet exceptional gain of $1,160 crore in Q2FY25.
2 mins
November 01, 2025
Business Standard
Sebi chief stresses responsible tech use, stronger market resilience
The Securities and Exchange Board of India (Sebi) is promoting the responsible use of emerging technologies, such as artificial intelligence in financial markets, strengthening cybersecurity, and preparing entities for change, said Chairman Tuhin Kanta Pandey on Friday.
1 mins
November 01, 2025
Listen
Translate
Change font size