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LIC Housing Finance, Bajaj Housing Finance hike lending rates by 0.50%

MUMBAI: Mortgage lenders Bajaj Housing Finance and LIC Housing Finance on Monday announced a 0.50 per cent hike each in their lending rates. The revisions come amid a rising interest rates scenario, which has seen the RBI hiking its key lending rate by 1.40 per cent since May to tame inflation. Bajaj Housing Finance hiked …

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2022 Housing sales to breach pre-Covid levels despite rate hikes: Industry

India’s residential market is expected to sustain demand momentum despite rise in mortgage and property rates as sales this year across the top 7 cities are likely to breach pre-pandemic level of 2.62 lakh units, industry players said. After braving four back-to-back disruptions in form of demonetisation, RERA, GST and COVID-19 …

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TikToker forced to live in a shed that doesn’t have AC or a shower amid housing crisis

A young Texas woman who moved into a shed that she purchased for just $2,000 in order to save money amid the housing crisis has opened up about her desperate struggle to cope with the summer heat while living in the property – which has no AC or shower. Elizabeth Rishforth, from Houston, purchased a …

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Growth Momentum For Affordable Housing To Continue in FY23: CareEdge

Business oi-Roshni Agarwal | Published: Friday, August 12, 2022, 15:11 [IST] The affordable housing finance segment grew 20% y-o-y in FY22 after a muted show in FY21, with rising share of LAP in the overall loan book. Going forward, CareEdge expects affordable segment to continue to outpace the industry with an expected growth rate of …

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