In an indication that activity in India’s real estate sector may see some revival in the times to come, the inquiry volumes for home loans in the country during July-August 2020 were back to … READ FULL STORY
Banks view joint home loan applications favourably and there is a reason for that. Even though housing loans are secured loans, the fact that two people are legally obliged to service the loan, is … READ FULL STORY
What is pre approved home loan? A pre-approved loan is one where the borrower applies for credit, without having finalised the property. In effect, this is more of a creditworthiness-gauging exercise. Advantages of … 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
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
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
Refinancing an existing loan for a commercial property is a practice that started in the western world and has caught on in many Asian countries including India, for some time now. Refinancing offers a … READ FULL STORY
