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Showing posts from October, 2019

Here’s What Made SOBHA NAVOTSAV A Remarkable Success.

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  SOBHA NAVOTSAV, one of the most awaited annual events that marks the celebration of auspicious Navratras with esteemed SOBHA home buyers. Organised by SOBHA Ltd. at its Sales Gallery in Gurgaon, this event is a 9-day long celebration that offers unprecedented benefits for prospects looking for quality homes. This year’s SOBHA NAVOTSAV, from 29th September to 7th October 2019, was certainly bigger and better as it received an overwhelming response from the very beginning of the event. Customers made the most of this event by saving lakhs on booking their new SOBHA Home.   The customers were pleasantly surprised by the attractive payment plan that allowed them to  book their home by paying just 30% of the sum  and remaining at the offer of possession. Thanks to the  low booking amount  of Rs. 3 Lakhs, some of the homes were booked on-the-spot. Low booking amount, incredible savings, attractive payment plans, choice of premium units a...

The Much Awaited SOBHA NAVOTSAV Is Back! This Time Bigger and Better!

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In what can be called the biggest Navratri extravaganza of Delhi NCR –  SOBHA NAVOTSAV will be helping potential home-buyers choose their SOBHA home this Navratri by offering them better prices, astonishingly low booking amounts and convenient payment plans on both SOBHA CITY and International City. After the resounding success in 2018, the annual festivities event, SOBHA NAVOTSAV is back this year from 29th September to 7th of October 2019 at the SOBHA sales gallery. Potential buyers can register their interest or visit the venue during these nine auspicious days to get access to the best deals, once-in-lifetime offers, chance to win a mega bumper prize and opportunity to get attractive home loans sanctioned on the spot. Continuing the legacy of providing the best quality homes to its customers, the following offers are up for grabs at SOBHA NAVOTSAV: Savings of up to ₹28 lakhs 30:70 payment plan Book a SOBHA Home by paying only₹3 lakhs Mega bumper prize The cust...

Come October, Your Home Loan Becomes Cheaper! From Oct 1, 2019

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Here’s some good news for the new home buyers. As you know that RBI has been reducing the Repo Rate (the rate at which it gives loan to the banks), but the banks are not passing the benefits to its customers. However, from October, this problem is expected to be solved. The lower Repo, or short-term lending rate for commercial banks, will make home loans cheaper as banks are bound to pass on the benefits to the retail borrowers. Furthermore, RBI has cut the Repo Rate to 5.75 per cent from 6 per cent which too gets implemented from 1st October 2019. The RBI has mandated banks that new floating rate home loan products should be linked to external benchmarks like RBI repo rate. Banks can charge a spread over the benchmark rate and the interest rate under external benchmark shall be reset at least once in three months. Furthermore, the RBI has said that existing loans and credit limits linked to the Marginal Cost of funds based Lending rate (MCLR)/Base Rate/Prime Lending Rate (PLR)...