Housing Finance
Affordable Housing – The Next Big Phenomenon?
Affordable Housing – The next big phenomenon? For several years, one has been hearing the phrase ‘Affordable Housing’. When this phrase started gaining popularity, say around 10 to 12 years ago, there were people who considered it a newly coined oxymoron! Something that can be likened to phrases like ‘detailed summary’ or ‘happily married’. Can Housing […]
Why is RBI not supportive of giving SARFAESI to all HFCs
Why is the Reserve Bank of India, not supportive of giving the benefit of SARFAESI to ALL HFCs? The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act (SARFAESI) Act, was instituted in the year 2002. One of the key purposes of the Act was to give more teeth to specified categories […]
Affordable Housing is now ‘Really Affordable for Banks’
Affordable Housing – Is it now really Affordable for Banks? In what may be termed a reasonably path-breaking move, the Reserve Bank of India (RBI) has announced a series of measures that would give a boost to the Banks to increase their exposure in this segment. So as India mortgage specialists and housing finance consultants, […]
