Tag Archives: affordable homes
Home Loan Spread & How It Can Lower Your EMI
UCO Bank has planned to double its business to Rs 6 lakh crore by FY16
A recent press report said that UCO bank has planned to more than double its total business to Rs 6 lakh crore by FY16 through customer acquisition and network expansion. Mr.R.K. Agrawal, its field General Manager of the bank said that the bank’s total business stands at Rs 2.45 lakh crore and that the bank wants… Read More »
Is this the right time to buy your dream home?
If one buys a 500 sq.ft flat in Navi Mumbai at a cost of Rs 3500 per sq ft, the total cost would be Rs 1750, 000. At an 8.5% interest for 15 years, the interest rate would be Rs. 13,51,940. If the prices go up to Rs 5500, the cost jumps by 57% to… Read More »