Real Estate Maharashtra
India's Real Estate Crisis: Home Sales Plunge 19%, Projects Halted, and Jobs at Risk
The Indian real estate market is facing a significant downturn, with home sales declining by 19% as buyers vanish, leading to halted projects and job losses. Lenders like SBI, Bank of Maharashtra, and Bank of India are responding by reducing their lending rates to stimulate the market.
real estate news
EMIs to Drop as 5 PSU Banks Cut Lending Rates Following RBI Repo Rate Reduction
In response to the Reserve Bank of India's (RBI) recent reduction in the repo rate, five public sector unit (PSU) banks have slashed their lending rates. This move is expected to significantly lower EMIs for existing and new borrowers, providing much-needed relief during economic recovery.
Real Estate Maharashtra
Bank of Maharashtra Increases Lending Rates for Loans Over Six Months by 5bps
Bank of Maharashtra has announced an increase in its lending rates for loans with a tenure of more than six months by 5 basis points. This decision comes as part of the bank’s strategy to manage its risk and align with market conditions. Shares of the ban
Real Estate Mumbai
China's Economy Faces Challenges Amid Real Estate Slump and Factory Decline
China's central bank maintains lending rate amid economic challenges, as factory output and real estate investments decline, while retail and vehicle sales show positive growth.