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SBI cuts home loan rates for first 3 years: Will property prices rise now? (3)

01-Jul-2009 10:45 - posted by Guest:

State Bank of India has launched two special home loan schemes that assure low interest rates in the first three years, upping the ante for its rivals in the mortgage market that has turned bullish following a pick-up in home sales in May.

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03-Jul-2009 14:29 - posted by sattmarket:

THE PROPERTY PRICE WILL FALL IN INDIA BECAUSE OF LAKE OF MONEY AND RECESSION PEOPLE DONOT HAVE MONEY FOR DAAAL,DOOD,MILK,GHEE,VEGITABLE,FII ALREADY IN BIG LOSE IN INDIA AND THERE IS NEW SIGN OF RECESSION IN INDIA PROPERTY BUY MEANS SUCIDE NOW

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04-Jul-2009 11:20 - posted by Guest:

I think this is the extreme of opportunity. If you see the past 6 months events, Banks have allowed a lots of reductions starting from 12% interest rate to 8% in 1st yr and then fixed lower interest rate for 3 yrs.......I don`t expect any further concessions from bank side....

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