Your home loan amount determines your monthly home loan equated monthly instalment (EMI). The higher the loan amount, the higher is the EMI. Once you start paying the home loan EMI, you need to … READ FULL STORY
Home loan insurance, also referred as mortgage insurance, is a cover that protects a home loan borrower from adverse situations. Availing housing finance means a long-term repayment responsibility for a borrower, hence a home … READ FULL STORY
When you take a home loan, the same is secured by way of a mortgage. The Transfer of Property Act, 1882, defines a mortgage and enumerates various types of mortgages. Let us understand what … READ FULL STORY
With the rise of nuclear families that mainly comprise husband and wife with their children, the joint family system has been disappearing quite rapidly in India. Urbanisation, economic growth and cultural shifts are some … READ FULL STORY
India’s leading housing finance company, HDFC provides various types of loans, including land loans. Moreover, HDFC land loans are one of the most competitively priced options available in the market. This article will have … READ FULL STORY
The Coronavirus pandemic has exposed the vulnerabilities associated with movable assets while emphasizing the importance of immovable assets like land and property. Although your homes are secured to deal with any adverse situation, they … READ FULL STORY
The government in India has come up with the Draft Model Tenancy Act 2019, to promote rental housing in India and to make the process of renting properties beneficial for both, the landlord and … READ FULL STORY
The festive season in 2021 has provided a boost to the realty sector, with reports of a significant surge in demand during the period. One of reasons, has been the reduction in interest rates … READ FULL STORY
In rent agreements, one would invariably find the use of ‘lessee’ and ‘lessor’. This is especially true if the rent agreement pertains to commercial and industrial spaces. In this article, we explain the difference … READ FULL STORY
Taking forward the zest of the festive season, Bank of Baroda e-auction presents home buyers an opportunity to buy a property of their choice across India with ease. The Bank of Baroda e-auction will … READ FULL STORY
To simplify the property tax payment process, the Directorate of Urban Administration and Development in Madhya Pradesh provides an online platform, e-NagarPalika. The website also enables citizens across the state to access various citizen … READ FULL STORY
Private lender Kotak Mahindra Bank on November 8, 2021, decided to hike its home loan interest rate by five basis points. Starting November 9, 2021, the bank will offer housing loans to its customers … READ FULL STORY
Under the Indian laws, the assets earned by a Hindu or inherited from anyone except his father, grandfather or great-grandfather, are treated as personal assets. As far as personal assets are concerned, you are … READ FULL STORY
