As home loan interest rates are currently at record low rates (you could avail of loans for an annual interest of less than 7%), most people are interested in investing in property. In fact, … READ FULL STORY
There is no doubt that since May 1, 2016, when the Real Estate (Regulation and Development) Act, 2016 (RERA) came into force, the Indian real estate market has taken a giant step in the … READ FULL STORY
The Apartment Owners Association (AOA) can provide valuable services for all the residents and represent its interests and even settle disputes. However, all of this is possible, only if the association is registered under … READ FULL STORY
Amid an economic slowdown caused by the Coronavirus pandemic, most prospective buyers have postponed their home buying plans, because of the uncertainty around income and employment. While it is true that the pandemic has … READ FULL STORY
Until a few decades ago, Indians were generally averse to taking loans to buy or construct their homes and would use their retirement funds for the same. However, with increasing urbanisation, easy availability of … READ FULL STORY
In order to help senior citizens who own a home but do not want to sell them, and yet, supplement their regular cash flow, the government of India has introduced the ‘Reverse Mortgage Scheme, … READ FULL STORY
Most buyers and investors prefer plots as an investment option, as it gives prospective end-users the flexibility to construct a house of their choice. Moreover, for those looking to invest for gains, the capital … READ FULL STORY
With housing finance, one need not wait to complete a large part of one’s working life, to save up for a property purchase. A home buyer can simply save up for a part of … READ FULL STORY
Have you taken a loan to buy your dream home? If so, you will be familiar with the process. One of the requirements that your lender would insist on, is for you to take … READ FULL STORY
In an indication that activity in India’s real estate sector may see some revival in the times to come, the inquiry volumes for home loans in the country during July-August 2020 were back to … READ FULL STORY
Borrowers always feel a sense of relief, when they close their home loans, after months and years of paying the EMIs. At this stage, although one may feel carefree, there are several checks that … READ FULL STORY
The home loan moratorium provided by banks, following the COVID-19 pandemic, came to an end on August 31, 2020. This facility was quite useful for individual borrowers who had taken home loans and were … READ FULL STORY
When you book a property, the builder generally issues an allotment letter. The actual agreement may not be executed immediately. The agreement to sell, may, in fact, be executed after years, in some cases. … READ FULL STORY
