How to repay your home loan faster
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
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
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
A property seeker can either buy a flat that is ready-to-move-in, or book an under-construction property. While these are the preferred options, one can also get their own house constructed on a plot of … READ FULL STORY
Mehul Chopra IT consultant and corporate trainer, Mumbai I live in Mumbai now but I plan to invest in a property in Pune. Improvements in connectivity and infrastructure matter to me the most. Pune … READ FULL STORY
Finance is one of the most important determinants, when it comes to buying a house and most of the other considerations revolve around this. As a property purchase is often a once-in-a-lifetime decision, it … READ FULL STORY
If there is a failure in the home loan EMI payment, the bank may send you a legal notice and consider you as a loan defaulter. Recently, the government of India strengthened the laws … READ FULL STORY
Refinancing an existing loan for a commercial property is a practice that started in the western world and has caught on in many Asian countries including India, for some time now. Refinancing offers a … READ FULL STORY
With the prices of houses rising significantly faster than salaries, it has become increasingly difficult for individuals to buy a house on their own. Consequently, most people now opt for home loans. To enhance … READ FULL STORY
The National Housing Bank (NHB) has directed housing finance companies to desist from extending loans under the subvention scheme. This move by the NHB, is expected to squeeze the liquidity position of real estate … READ FULL STORY
Besides checking an applicant’s eligibility for a home loan, lenders also have certain criteria to ascertain the quantum of home loan that they can grant to the person. Income of the applicant decides home … READ FULL STORY
Owning a home is a dream for many and being able to buy a home early in one’s career, can give you lots of joy. Experts point out that very few youngsters take the … READ FULL STORY
Loan-to-value (LTV) is a ratio of the amount of loan that can be given to the total value of the property. The LTV can range from 75 per cent to even 90 per cent … READ FULL STORY
If you are planning to shift from your existing property and start business operations in a new one, you may be confronted with the dilemma of whether to buy or lease the new property. … READ FULL STORY