With a view to support economic growth, which is headed towards contraction in the wake of the Coronavirus pandemic, the Reserve Bank of India (RBI), on May 22, 2020, reduced the repo rate to … READ FULL STORY
A pre-approved loan is an instrument that is used by banks, to attract customers to avail of its facility without much hassle. Generally, there is a fair amount of uncertainty for home buyers, till … READ FULL STORY
Many banks have slashed their home loan interest rates, after the RBI announced a cut in the repo rate in the previous month. Presently, the interest rate has come as low as 7.1%. This … READ FULL STORY
There are several benefits to buying a property in a woman’s name, either as the sole owner or as a joint owner, with governments and banks offering several sops. “Aspiring home buyers can seek … READ FULL STORY
Home buying is no longer considered a male-driven affair, with women now showing equal participation in financial matters, including investment allocation. “They are active decision-makers in the property buying process and often take on … READ FULL STORY
Women have mastered the art and science of making a home out of a house or an apartment. It is something that comes naturally to them. What is interesting though, is that women have … READ FULL STORY
A borrower can shift the home loan to any other lender, who is willing to offer better interest rates. At times, a home loan applicant may also want to increase the loan’s tenure, due … 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
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
Budget 2020 has come up with several surprises for the real estate sector, as well as the common man. There are several demands, which the realty sector was expecting to get addressed in the … 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
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
Looking back, 2019 may not have been the best year for the real estate sector. However, with several changes introduced during the year, from reduction in taxes to the announcement of a Rs 25,000-crore … READ FULL STORY
