The good news is that Indian home buyers do understand that the lockdown following the Coronavirus pandemic, was neither in the hands of the builders, nor could it have been anticipated. Hence, they have … READ FULL STORY
The current COVID-19-induced nationwide lockdown has been in continuance for 60 days and counting. This is certainly an unprecedented situation that we all have seen, till date. The economic impact of the Coronavirus pandemic, … READ FULL STORY
Given a choice, a majority of home buyers may prefer an independent home, built on a plot that they have purchased with due diligence. From an investment perspective also, investing in land makes more … READ FULL STORY
A pre-approved loan is an instrument that is used by banks, to attract customers to avail of its facility without much hassle. Generally, there is a fair amount of uncertainty for home buyers, till … READ FULL STORY
The Coronavirus pandemic has forced many real estate stakeholders to embrace new-age technologies. Real estate agents who have an online presence, have been able to continue running their businesses, while brokers who relied entirely … READ FULL STORY
In addition to making an informed decision, property buyers are also working out the best mode of acquiring their immovable assets. Whether it’s choosing the best financing option for tax benefits or directly dealing … READ FULL STORY
Amid fears of the Coronavirus pandemic taking a toll on the country’s economic health, the government, on March 24, 2020, announced a slew of measures, including a tax amnesty programme and extended the deadline … READ FULL STORY
A borrower can shift the home loan to any other lender, who is willing to offer better interest rates. At times, a home loan applicant may also want to increase the loan’s tenure, due … READ FULL STORY
It is a big financial decision to buy your first home. A hasty decision can easily ruin all your financial goals in life. So, it is always wise to take a planned step and … READ FULL STORY
One of the most prevalent and long-standing practices, when it comes to housing, has been the ‘pagdi’ system. A popular practice, India saw the pagdi system gather speed during the British rule. Metropolitan cities … READ FULL STORY
The Indian real estate market offers a lucrative investment opportunity for non-resident Indians (NRIs). Like resident Indians, NRIs are also allowed to buy properties in India, with the help of home loans. However, the … READ FULL STORY
Although the Reserve Bank of India (RBI) has effected several reductions in the repo rate (the rate at which banks borrow from the central bank), lending rates have not witnessed a corresponding change. Home … READ FULL STORY
The amount of home loan availed of to buy a house generally constitutes a significant portion of the monthly income of the household. If something happens to the bread-winner, it becomes almost impossible for … READ FULL STORY
