What RBI rate cut means for the Home borrowers

The cut will immediately benefit borrowers whose loans are linked to repo rate, but not those on MCLR. The repo rate cut by 40 basis points (bps) will bring down the interest rate on loans linked to external benchmarks. Effective 1 October 2019, all new retail loans were linked to an external benchmark and most banks have …

What are key factors driving Seegehalli Bangalore realty?

Improved connectivity, commercial development, lower capital values, growth in rental housing and infrastructure expansion are the key factors touted to alter the realty game in Bangalore‚Äôs emerging locations In the East of Bangalore, Seegehalli is a budding locality in proximity to KR Puram and the National Highway (NH) 44. In Bangalore, the NH-44 is significant because it …

Why Whitefield is among Bangalore’s preferred localities

Whitefield in East Bangalore rode the IT boom wave that began nearly two decades ago. Home to IT parks and other industries, the area mainly attracts IT/ITeS professionals, along with others – having become a vibrant suburb of Greater Bengaluru. With housing available to suit every budget and decent social infrastructure in the vicinity, it is …