How to buy a home in your 20s
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
Property Trends
Tag: EMI
Home Loans
What is an LTV ratio and how does it determine home loan eligibility?
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
Commercial Realty
Should you buy or lease a commercial property?
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
Property Trends
Can’t afford the high rental deposit? Opt for a rental deposit loan
Ria (31), a media professional in Mumbai, takes nearly three hours every day to commute for work. Professionals like Ria often contemplate renting a house closer to their workplace, so that they can cut … READ FULL STORY
Home Loans
Are home buyers really getting the benefit of rate cuts by the RBI?
The RBI had, in June 2019, reduced the key policy rate, making it the third time in a row that it did so, in the calendar year 2019. Till June 30, 2019, the repo … READ FULL STORY
Property Trends
Owning a home versus living on rent: Which is a better long-term option?
When it comes to living on rent versus living in one’s own home, people who advocate the former often argue that a rental home costs less, as compared to owning a home. Those who … READ FULL STORY
Taxation
Will a home loan overdraft work for you?
When it comes to taking a home loan, borrowers have to consider numerous options – different interest rates offered by various banks (which may be fixed rate, floating rate, or semi-fixed rate), in addition … READ FULL STORY
Home Loans
Need more money after taking a home loan? Opt for a ‘top-up’
When a person buys any property, it generally involves taking a home loan and also exhausting a substantial amount of one’s savings, to fund the margin money. Moreover, home buyers also try to avail … READ FULL STORY
Property Trends
Home automation: The next wave of change in the real estate industry
A few decades ago, a home seeker would have been content with any home that was available within his/her budget. It is also likely that this home seeker would have worked for years, to … READ FULL STORY
Property Trends
Top questions asked about GST on real estate
Recently, the GST Council slashed the Goods and Services Tax (GST) rate on under-construction homes. With this, home buyers are trying to assess the impact of the rate cut. We look at some of … READ FULL STORY
Home Loans
Home loan interest rates and EMI in top 15 banks, in February 2019
On February 7, 2019, the Reserve Bank of India (RBI) announced a cut in the repo rate by 25 basis points, during its bi-monthly monetary policy meet. With this, the repo rate now stands … READ FULL STORY
Taxation
How to save on taxes while buying a property
The taxation on property purchase, has become much simpler than it was before. With the roll-out of the Goods and Services Tax (GST), several taxes previously applicable on real estate purchase (VAT, service tax, … READ FULL STORY
Home Loans
Home loan interest rates and EMI in top 15 banks, in January 2019
With the financial year entering the last quarter and the start of the new calendar year, the focus is back on the fiscal deficit, liquidity issue with financial institutions and NPA woes. In a … READ FULL STORY
