Real Estate Maharashtra
June Sees Slight Dip in Credit Card Spending, RBI Data Reveals
The Reserve Bank of India (RBI) data shows a marginal decline in credit card spending in June compared to May, both in terms of value and volume of transactions. The trend is consistent across major banks, with some variations in the number of outstanding cards.
real estate news
NBCC (India) Ltd Expands Globally with RBI-Approved Subsidiary in Dubai
NBCC (India) Ltd has received RBI approval to establish a wholly-owned subsidiary, NBCC Overseas Real Estate LLC, in Dubai, marking a significant step in the company's global real estate expansion.
real estate news
Will Lower Home Loan Rates Spark a Credit Boom in India?
The Reserve Bank of India's recent repo rate cut has prompted major lenders to slash home loan interest rates, making borrowing more attractive. But will lower rates translate into a significant credit surge, or are there deeper factors at play?
Real Estate Mumbai
Family Alleges Fraud Over Rs 13L Loan Taken in Deceased Father’s Name
A Qatar-based Indian national has filed a complaint with the Reserve Bank of India (RBI) against SBFC Finance, accusing the firm of sanctioning a Rs 13 lakh home loan in his late father’s name using forged documents.
Real Estate Pune
Knight Frank Affordability Index H1 2025: Ahmedabad, Pune, and Kolkata Lead in Housing Affordability
The Knight Frank India's latest Affordability Index report reveals that Ahmedabad, Pune, and Kolkata are the most affordable cities for housing in India, with Mumbai showing modest improvements. The report highlights the impact of the RBI's repo rate cuts on housing affordability.
real estate news
New Project Finance Norms to Strengthen Lenders' Guardrails
The Reserve Bank of India's new guidelines on project financing will help mitigate risks and harmonize regulations for all lenders, while easing credit cost concerns.