Reserve Bank of India (RBI) governor Shaktikanta Das, on February 24, 2020, said that slowing credit growth was one of the major challenges that banks were currently facing. So far this year, credit growth … 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
Investment in real estate, especially residential properties, is quite popular amongst the investors. However, the benefit and opportunities available for investments in commercial spaces, could be far more significant than residential properties. Rental yields … READ FULL STORY
HDFC chairman Deepak Parekh, on January 28, 2020, said that they were talking to the regulators and the Finance Ministry, on a one-time restructuring of loans for realty projects. “We have requested the NHB … READ FULL STORY
Buying a house involves significant financial expenditure. Consequently, a little planning and effort can help you to save lots of money, when you buy a home in 2020. Home loan tax savings in … 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
Damage to properties due to natural disasters, is one of the gravest financial setbacks that one may come across in life. The floods in Kerala in 2018, caused damage worth several thousand crores to … READ FULL STORY
The tax law allows you to avail of certain benefits with respect to home loans. The benefits are available under Section 24(b) for interest paid and under Section 80C for the principal repayment, subject … READ FULL STORY
2019 was a relatively challenging year for Indian real estate, with the sector experiencing a slowdown. Nevertheless, this slowdown made Indian developers aware of where they stand and the shortcomings responsible for the same. … READ FULL STORY
