Buying a home is a significant financial decision, and choosing the right lender can make all the difference. Homebuyers in India can secure loans from either banks or housing finance companies (HFCs), but each … READ FULL STORY
Payment of the home loan before the mortgage period is known as pre-closure of the home loan. You can opt for a home loan pre-closure for many reasons, such as getting lower interest owing … READ FULL STORY
Delhi is not only a political and cultural centre but also a thriving hub for various industries, including banking. The city’s vibrant economy significantly impacts the real estate market, driving the demand for commercial … READ FULL STORY
Banks offer housing loans to prospective borrowers, based on their capability to repay the debt. Financial institutions ascertain the loan applicant’s creditworthiness by checking various data related to his/her financial history and the manner … READ FULL STORY
With loans currently priced below the 7% level, it might be an ideal time for home buyers and investors to purchase real estate. Property prices have also seen a correction, as compared to the … READ FULL STORY
Not all borrowers prefer floating interest rate home loans. This is because rates continue to change throughout the course of the loan tenure. Even though there is scope for the EMI outgo to reduce, … READ FULL STORY
What is pre approved home loan? A pre-approved loan is one where the borrower applies for credit, without having finalised the property. In effect, this is more of a creditworthiness-gauging exercise. Advantages of … 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
Banks and financial institutions (FIs), which have lent money to Jaiprakash Associates Limited (JAL), on July 17, 2018, urged the Supreme Court that the assets of holding firm JAL, should not be used for … READ FULL STORY
Ever since the introduction of the SEBI (Real Estate Investment Trusts) Regulations and SEBI (Infrastructure Investment Trusts) Regulations in 2014, the market regulator and the government of India have initiated a number of reforms … READ FULL STORY
The six-member Monetary Policy Committee (MPC), headed by Reserve Bank of India (RBI) Governor Urjit Patel, on October 4, 2016, unanimously voted to reduce the repo rate or the short-term rate at which the … READ FULL STORY
Mira Road-Bhayander offers all the facilities and amenities that Mumbai city has, with properties available at an affordable cost. Mira Road-Bhayander has many affordable housing projects coming up in the peripheral areas. The region … READ FULL STORY
If you are looking for a home that is close to nature and enjoys a pollution-free environment, then, Karjat is one location that you could explore. With all the basic amenities and physical infrastructure … READ FULL STORY
