The pros and cons of prepaying a home loan
This is that time of the year, when you may get a substantial amount as your annual bonus, if you are a salaried individual. Some of you might also have made some savings and … READ FULL STORY
This is that time of the year, when you may get a substantial amount as your annual bonus, if you are a salaried individual. Some of you might also have made some savings and … READ FULL STORY
Single women are driving the demand for housing in India, with as many as 68% of them planning property purchase after acquiring financial independence, show the findings of a recent survey by real estate … READ FULL STORY
The real estate industry has been forced to face numerous uncertainties, following the COVID-19 pandemic in 2020. However, positive signs are visible for the sector in 2021, as it looks to overcome the turmoil … READ FULL STORY
While India’s real estate sector did not get the special treatment it expected from the Union Budget 2021-22, some relief did come its way, in the form of an extension of the safe harbour … READ FULL STORY
The real estate sector, its buyers and all other stakeholders, had put forward several demands and expectations from the Union Budget 2021-22. Some of their demands were met, whereas some were missed. The realty … READ FULL STORY
The market has welcomed the host of announcements in Budget 2021 that are being seen as a measure to revive the economy. From health to infrastructure, finance minister Nirmala Sitharaman’s third Budget speech tackled … READ FULL STORY
With the repo rate now at 4%, home loan interest rates are below the 7% level. However, you may not be eligible for this low interest rate. So, it is crucial for home loan … READ FULL STORY
The year 2020 has been an unforgettable one for the economy in general and the real estate market in particular. Several stakeholders even maintain that this has been an even worse year than 2008, … READ FULL STORY
While the COVID-19 pandemic shook the economy in general and the real estate market in particular, developers across the country also woke up to an unexpected but pleasant reality – client conversion rates improved … READ FULL STORY
Through consistent reductions, most Indian banks have brought home loan interest rates to the sub-7% level. The move, which is primarily aimed at boosting consumption in the country’s second-largest employment-generating sector, at a time … READ FULL STORY
ICICI Bank, on November 11, 2020, announced that its mortgage loan portfolio has crossed the milestone of Rs 2 trillion (Rs 2 lakh crores), making it the first private sector bank in the country … READ FULL STORY
Home owners are often ignorant about the implications of buying a house property in single name, instead of joint names. One of my colleagues had bought a flat in his name before marriage. After … READ FULL STORY
A home loan is taken for the purpose of either buying a ready-to-move-in house or for the purpose of booking an under-construction property. Home loans are available for residential, as well as commercial properties. … READ FULL STORY