The home loan tenure and home loan amount are positively correlated. So, higher the home loan tenure that you opt for, higher is the home loan eligibility, subject to the minimum margin requirement relative … READ FULL STORY
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
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
The Indian real estate sector has witnessed several positive developments over the past few years, with schemes like the Pradhan Mantri Awas Yojana (PMAY), the granting of infrastructure status to affordable housing, 100 per … READ FULL STORY
In today’s digital world, online buying has become a norm. The online marketplace is so vast that there is hardly anything left out of its ambit. From a pack of noodles, or clothing to … READ FULL STORY
While the ratio of working males in India is higher in comparison to women, yet, a recent report (Bankbazaar-Moneymood 2019) indicates that when it comes to taking a home loan, women borrowers have outpaced … READ FULL STORY
While planning to take a home loan, it is imperative to be aware of the documents that are required for the application. Here’s a look at the basic paperwork that applicants need to prepare … READ FULL STORY
In order to tide over temporary liquidity crunch, banks borrow from the Reserve Bank of India (RBI), against government securities. The rate at which the RBI lends money to banks, is known as the … READ FULL STORY
The Reserve Bank of India (RBI) governor Shaktikanta Das, on February 18, 2019, reiterated the need for banks to cut interest rates, saying that ‘transmission of monetary policy decisions is important’. “Transmission of rates … READ FULL STORY
When it comes to buying a property, home seekers should take care to ensure that they do not become obsessive, in their quest. While it is a good idea to double-check certain aspects, buyers … READ FULL STORY
Despite the presence of big financial institutions and banks, housing finance companies (HFCs) have performed incredibly well, in reaching out to needy home buyers. In an exclusive interview with Housing.com News, Ramratthinam S, CEO … READ FULL STORY
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
The Reserve Bank of India (RBI), on February 7, 2019, cut the benchmark interest rate by 0.25 per cent to 6.25 per cent, on expectation of inflation staying within its target range, in a … READ FULL STORY
