: Saturday, March 6, 2021, 1:10 PM IST
Why it may be a good idea for homebuyers of Maharashtra, Madhya Pradesh and Karnataka to buy homes before March 31, 2021?
Why may it be a good idea for homebuyers of Maharashtra, Madhya Pradesh and Karnataka to buy homes before March 31, 2021?
Representational image/ pixabay
State governments like Maharashtra, Madhya Pradesh and Karnataka reduced stamp duty to provide relief to home buyers and also to give a boost to the real estate industry that was hit by COVID-19. This is a good enough reason to buy a home in these states. In addition, now with lenders/banks offering special offers for home loans, the cost of owning a home goes down further. However, these offers are only valid till March 31, 2021.
ICICI bank reduced its interest rate on home loans up to ₹75 lakh to 6.70 per cent
The country s top lenders including State Bank of India (SBI), Kotak Mahindra Bank, HDFC Bank, as well as ICICI Bank recently reduced the interest rates on home loans. Along with the low-interest rates, the banks are providing various offers including discounts on processing fees or special benefits for women customers to lure home buyers. On Friday, March 5, the country s leading private lender ICICI bank announced that it reduced its interest rate on home loans up to ₹ 75 lakh to 6.70 per cent, its lowest in 10 years. (
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Home loan rate cuts by key lenders to help push housing sales momentum further
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Synopsis
The country’s largest private mortgage lender HDFC has reduced the interest rate on its home loans to 6.75% from 6.8%. This reduction in home loan rate was announced just days after banks like the State Bank of India (SBI) and Kotak Mahindra Bank announced rate cuts.
The banks are competing to grab the home loan customers before the fiscal year ends
The reduction in home loan interest rates to the record-low level by leading financiers including the
Kotak Mahindra Bank is expected to boost the current housing sales momentum further.
Peacocks found dead in Vadodara on Sunday
Vadodara: As many as 30 pigeons were found dead in Karjan taluka while three peacocks died a private township in the city on Sunday.
The sprawling township located on the northern end of the city is home to several peacocks and other bird species.
“There were no injury marks on the peacocks that were found dead in different locations in the township. We will send their samples to a veterinary doctor on Monday for post-mortem following which we will be able to confirm if they died of bird flu,” said Nidhi Dave, range forest officer (RFO), Vadodara. A village in Karjan taluka too witnessed the death of over 30 pigeons on Sunday morning. “We got a call from Kiya village that several pigeons were lying dead in the fields. Our teams reached there and collected the bodies that will now be sent for the post-mortem,” said Jayesh Rathod, range forest officer, Karjan.