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PBAB and ICICI unites for a cause

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As per to the sources saying @ the www.propertykhazana.com, PBAB is associated with ICICI Bank to lend housing loans at 10% interest rate to the purchasers pertinent for two years after the bookings. This move was very useful for the purchasers because when they are timid off purchasing properties owing to decisive housing loans. According to the agreement, ICICI bank will charge 12.5% interest rate on housing loans, but purchasers must pay 10% of interest rate as the left over will be borne by the concerned realty developers. PBAB President had proclaimed this plan uttering concern over the cutback in realty segment. In Pune, the realty segment explosion is defunct and the market is serene.
PBAB President said to www.propertykhazana.com that, “We are expecting the housing loan interest rate dive within 1 year. As this takes place, we need clients to book apartments with us at a smaller interest rate. Till now, people are paying Rs. 1,081 Lakhs for per year interest on housing loans. If they book with PBAP members, then the amount will be about Rs. 966 only”, he added. This system initiates from October 3rd to 5th when PBAB will arrange its Annual realty expo in Pune. PBAP is also planning to include other main players into housing loans sector namely HDFC. PBAB members are proposing to sell over 6,000 apartments through this system.
Source: NBTVLIVE

Property Listings

Apartments, Flats and Property for Sale in Pune

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Gloria Paranjape Bavdhan 3 bhk 1450 sq ft 3 washroom 1 terrace 4th floor Rate 1, 05, 00,000 Building Size – 11th floor Lift – 2 Near..
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Apr 04, 2017
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Apr 04, 2017
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Apartments, Flats and Property for Rent in Pune

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