The Property Show: Will home loans become cheaper?
By Manisha Natarajan | Published On: April 17, 2012 19:00 (IST) | Duration: 33 min, 49 sec
Good news for home loan borrowers - the Reserve Bank today asked banks not to levy any penalty on pre-payment of loans taken on floating rate. On the Property show, experts discuss the impact of RBI's move to cut lending rate by 0.50 per cent on the realty sector. They also review ready-to-move-in luxury homes around Delhi for Rs 1 crore and 1 BHK options in Navi Mumbai. Plus, budget home options in Pune and Chennai.