News
DCHFC reduces home loan rate
After slashing circle rates to boost realty sector in the Capital, Delhi Government has directed the Delhi Cooperative Housing Finance Corporation (DCHFC) to reduce its home loan interest rate from 7.45 per cent to 6.75 per cent.
“CM Arvind Kejriwal has taken a historic decision to reduce the circle rates of residential, commercial and industrial properties by 20 per cent… Following the CM’s decision, I directed DCHFC to reduce the interest rates as compared to private banks so that the common man can avail loans at cheaper rates to buy a house,” Delhi Cooperative Minister Rajendra Pal Gautam said.
The corporation has been disbursing housing loans since 1982-83 to societies and individuals. It has so far disbursed over Rs 600 crore and currently has 3,000 loaners.
-
News4 weeks ago
Godrej Properties Sells Rs 3k cr+ Homes of Godrej Zenith, Gurugram, within 3 days
-
News4 weeks ago
RBI’s Status Quo on Key Policy Rates to Help Maintain the Real Estate Growth Momentum, Say Industry Stalwarts
-
News2 weeks ago
Noida’s High-Rise Societies Face Multiple Challenges Despite Rapid Urban Growth
-
News2 weeks ago
Olive Announces Dhruv Kalro as Co-Founder
-
News3 weeks ago
Godrej Properties Sells 5000+ Homes of Rs 9.5 cr in Q4FY24, Bookings up 84% YoY
-
News3 weeks ago
Vestian: Domestic Investors Dominate Institutional Investments in Jan-Mar’24
-
News2 weeks ago
India to become the fastest-growing silver economy, housing up to 17% of the world’s elderly population by 2050: CBRE Report
-
News3 weeks ago
HRERA Gurugram Rejects Godrej Properties’ Project Extension Application, Account Frozen For Prolonged Non-compliances