SBI Launches Realty Website


Mumbai: India’s largest commercial bank, the State Bank of India has launched ‘SBI Realty Solutions’ – a website providing one-stop solutions for home buyers.

SBI, which is one of the largest mortgage lenders will help customers zoom in on their dream homefrom 3000 SBI-approved realty projects across the country, reported Financial Express. Rajnish Kumar, Managing Director – NBG, SBI said “We believe that this new proposition will help customers in identifying their dream house in reliable projects with higher credibility and goodwill in the market”.

Currently, 9.5 lakhs home units are available on this website including names like DLF, Sobha, Unitech, Tata Housing, Godrej Properties, DB Realty, Kolte Patil, Raheja Universal, Kal-Pataru, The Wadhwa Group and Peninsula.

Customers can use this website to easily compare price trends for properties across various localities and cities. There is a ‘Home Loan EMI Calculator’ that will calculate the amount of loan a customer will need to take depending on his income and existing assets. One can also apply directly for SBI home loans through the website. One may also track the status of one’s application on the website.

“SBI Realty comes with the trust and transparency with a belief in ensuing a holistic approach by following the philosophies, ethics and customer-focus.

The bank also takes into consideration the designing and aesthetics of residential spaces to enhance the evolving needs and lifestyles of our customers,” said Rajnish Kumar. The site has been developed by SBICAP Securities in association with PropEquity.