e-SBTR-now make Maha Stamp Duty & Registration payment with Union Bank also

e-SBTR (Electronic Secured Bank Treasury Receipt), a service for a single window payment of both stamp duty and registration fee for home purchase in Maharashtra, which was hitherto offered by IDBI Bank, Punjab National Bank, State Bank of India and others, will now be available with Union Bank of India also. read more at http://shopsandhomes.com/blog/index.php/2016/06/e-sbtr-now-make-maha-stamp-duty-registration-payment-with-union-bank-also/

Coming soon-Fixed Rate for longer term Home Loans from SBI

If you are wondering whether With the new benchmark rates being reviewed every month, should new home loan borrowers keep checking rates or will the annual reset take care of everything, Arundhati Bhattacharya, Chairman of country’s largest lender State Bank of India explains it all here. read more at http://shopsandhomes.com/blog/index.php/2016/04/coming-soon-fixed-rate-for-longer-term-home-loans-from-sbi/

SBI announces cheaper home loans

After the Reserve Bank of India prescribed new system to improve transmission of monetary policy that is Instead of one benchmark rate, banks would indicate at least five benchmark rates varying according to tenures called Marginal Cost of funds based Lending Rates (MCLR), home loans  from the country’s largest lender, State Bank of India are set to be cheaper by 10 basis points. read more at http://shopsandhomes.com/blog/index.php/2016/04/sbi-announces-cheaper-home-loans/

Kingfisher House on sale

Located near the domestic airport at Mumbai’s Vile Parle area, The headquarter of defunct Kingfisher Airlines popularly known as the Kingfisher House is being put up for e-auction by State Bank of India through which interested buyers will bid for it online. The base price for this multi-storey building, with a built up area of over 17,000 sq.ft, has been set at Rs.150 crore. The property is expected to generate interest among corporate houses and retailers, mainly because of its proximity to the highway. read more at http://shopsandhomes.com/blog/index.php/2016/03/kingfisher-house-on-sale/

Air India sells flats worth 90 cr to SBI

http://shopsandhomes.com/blog/index.php/2015/11/air-india-sells-flats-worth-90-cr-to-sbi/

Air India is surviving on a bailout package approved by the government in 2012. As part of its turnaround plans to reduce a debt burden of 40,000 crore, the grieving PSU plans to sell real estate assets worth Rs 5,000 crore to generate funds. Executing on the plans, AI has decided to sell four residential apartments in Mumbai to State Bank of India (SBI) for Rs. 90 crore.