User: sandman1965 Topic: real estate
Category: Home Loans
Last updated: Apr 25 2017 14:03 IST RSS 2.0
 
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PF funds can now be used to pay home loan emi, buy houses but there are caveats 25.4.2017 DNA: Popular News
The Employees Provident Fund Organisation has relaxed the rules to use PF to pay for home loan EMIs or to buy a house or land, according to a report by NDTV Profit . This scheme available for the government's 'Housing For All' project comes with many caveats.  Earlier, subscribers could withdraw PF to pay for home loans, buy houses, or land however, they could only do so after they had contributed for five years and only 36 months worth of accumulation could be withdrawn. Now that requirement has been relaxed to three years.  However, the money cannot be withdrawn and will not be given to the subscriber. The report says that the money will only be given by the EPFO to the government authority or housing agency or to a lender.  Another requirement is that the subscriber will need to be a member of a cooperative society or a society registered for housing purpose which has atleast ten members, the report said.  While the EPFO subscriber has to apply to avail of the scheme, they would get a go-ahead only ...
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SBI, CREDAI ink MoU for concessional loan for housing projects 24.4.2017 ET: Banking
"The lower cost of interest to builders will further reduce the cost of apartment. I hope developers will pass on this benefit to consumers," Kumar said.
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At what age should you invest in real estate? 18.4.2017 Sify Finance
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China's shadow banking rebounds in March, household loans surge despite curbs 14.4.2017 Sify Finance
By Elias Glenn
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Branch office inaugurated 14.4.2017 Manipur: E-Pao
Branch office inaugurated
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Vinay Shah joins LIC Housing Finance Limited as MD and CEO 13.4.2017 ET: Finance / Insurance
Shah has been with LIC since 1983. Prior to this assignment, he was executive director marketing. He took over the business as ED in April 2015.
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Maharashtra may mortgage land of its departments to fund infra projects 13.4.2017 ET: Infrastructure
The state wanted the departments to disclose how much land they owned, and after determining its worth, it would mortgage the land to raise money for infra projects.
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Preview - China Q1 growth seen steady at 6.8 percent on construction boom, investment boost 12.4.2017 Sify Finance
BEIJING (Reuters) - China's economy likely grew by a solid 6.8 percent in the first quarter, the same pace as the previous quarter, due to sustained government infrastructure spending and a
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Land registration can't be refused without inquiry, rules Madras HC 8.4.2017 TOI: India
Land registration officials cannot simply refuse to register or pass one line orders or refuse to return registered sale deeds merely because a religious institution or a local body raises objection saying the land belongs to it, Madras high court has said.
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The factors that make your real-estate investment profitable 5.4.2017 Sify Finance
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E-clicks help HDFC Bank save costs, raise disbursal 5.4.2017 ET: Banking
Arvind Kapil, country head, said the bank is using analytics, linking digital channels to distribution network and pushing business online.
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Australia banking watchdog warns of more curbs on housing 5.4.2017 Sify Finance
By Jamie Freed and Swati Pandey
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Beijing's 'shock' measures seize property market, other cities follow suit 5.4.2017 Sify Finance
By Yawen Chen and Ryan Woo
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Cibil to now help borrowers get the best loan 31.3.2017 Rediff: Business
The difference between Cibil and other marketplaces is that in the case of the latter the credit report is accessed after the customer clicks the loan offer, while in the case of Cibil the customer first checks the credit score and then applies for the loan.
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Emerging markets land top of managers' portfolios with rising rates 24.3.2017 TOI: Intl Business
LIPPERAWARDS-BONDS/:Emerging markets land top of managers' portfolios with rising rates
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Banks lift Australian shares; NZ posts biggest weekly loss of 2017 24.3.2017 Budget 2017, Income Tax - India Budget 2017 Updates, Union Budget 2017 Latest News, Railway Budget 2017 | Times of India
AUSTRALIA-STOCKS/ CLOSE:Banks lift Australian shares; NZ posts biggest weekly loss of 2017
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ANZ latest Australian bank to hike home loan rates as regulators tighten screws 24.3.2017 TOI: Intl Business
AUSTRALIA-BANKS/RATES-ANZ BANK:ANZ latest Australian bank to hike home loan rates as regulators tighten screws
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US homebuilders rise after data; YTD gains outpace broader market 24.3.2017 Budget 2017, Income Tax - India Budget 2017 Updates, Union Budget 2017 Latest News, Railway Budget 2017 | Times of India
BUZZ-US homebuilders rise after data; YTD gains outpace broader:BUZZ-US homebuilders rise after data; YTD gains outpace broader market
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OFFICIAL CORRECTION : U.S. new home sales hit 7-month high; jobless claims rise 24.3.2017 Sify Finance
(Public relations firm corrects Blefari's title to chief executive officer from president in paragraph 4)
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U.S. new home sales hit 7-month high; jobless claims rise 23.3.2017 TOI: Intl Business
USA-ECONOMY-HOUSING:U.S. new home sales hit 7-month high; jobless claims rise
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