Thursday, Jun 30, 2022
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RBI Updates Housing Loan Exposure Limits Of Urban Cooperative Banks After 11 Years

RBI Updates Housing Loan Exposure Limits Of Urban Cooperative Banks After 11 Years

The Reserve Bank of India has issued a master circular where the housing loan limits were essentially doubled for urban cooperative banks. It also announced other changes reducing the exposure limits of UCBs.

24 June 2022
3 Clauses That You Shouldn’t Ignore When Signing A Home Loan Agreement

3 Clauses That You Shouldn’t Ignore When Signing A Home Loan Agreement

Most home buyers simply consider fundamental elements like down payment, EMIs, and home loan interest rate when signing the deal, but it’s important to look...

18 June 2022

What Is Fuelling The Demand For Plotted Developments In City Suburbs?

In recent times, the popularity of plotted development projects has increased. Here’s what’s driving the demand and the things to watch out for

Housing Sales May Dip On Likely Rise In Home Loan Interest rate: Real Estate Consultants

Housing Sales May Dip On Likely Rise In Home Loan Interest rate: Real Estate Consultants

Property consultancy firms said that the RBI's move was on the expected line to control inflation and this would result in an increase in interest rates on...

08 June 2022

RBI Hikes Rates By 50 Basis Points: How Much Will Your EMIs Increase?

As interest rates keep rising, your EMI will become higher. Here’s how much the increase will be and what you can do to soften the blow

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07 June 2022
Home Loan Market To Double To $600 Billion In Five Years: HDFC Chairman

Home Loan Market To Double To $600 Billion In Five Years: HDFC Chairman

HDFC Ltd Chairman Deepak Parekh said the proposed merger date will be the third most important day in the life of the 46-year-old institution that has changed...


07 June 2022
Collection Efficiency For NBFCs, HFCs At 97-101% In April: Report

Collection Efficiency For NBFCs, HFCs At 97-101% In April: Report

The analysis is based on Icra-rated retail pools securitised by non-banking finance companies (NBFCs) and housing finance companies


04 June 2022
Is The Real Estate Sector On The Cusp of High Growth?

Is The Real Estate Sector On The Cusp of High Growth?

India is the fastest growing major economy and the huge capex deployment by the Indian government promises large employment generation and the beginning of a...


01 June 2022
HDFC, ICICI Bank, PNB Hike Interest Rate On Home Loans; EMIs To Get Costly

HDFC, ICICI Bank, PNB Hike Interest Rate On Home Loans; EMIs To Get Costly

This is the latest hike in home loan lending rates by banks and housing finance companies after the RBI hike repo rate earlier this May, and comes into effect...


31 May 2022
Higher Home Loan Rates, Auto Insurance And Three Other Changes to Expect In June

Higher Home Loan Rates, Auto Insurance And Three Other Changes to Expect In June

Here are five key financial and operational modifications that will take effect in June and have an impact on one’s financial life


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28 May 2022
You Can Have Maximum Two Self-occupied Houses Under Income Tax Regulations

You Can Have Maximum Two Self-occupied Houses Under Income Tax Regulations

There are no tax restrictions that limit how many properties one may own or how much home loan benefit one can receive. But Section 80C benefit under home...


25 May 2022
Mumbai Metropolitan Region Has Highest Average Sq.Ft Price of Houses And Unsold Inventory

Mumbai Metropolitan Region Has Highest Average Sq.Ft Price of Houses And Unsold Inventory

The average sq.ft price of a house in the Mumbai Metropolitan Region (MMR) is Rs 19,557 which is about 2.6 times that of Delhi and 3.4 times that of Ahmedabad.


24 May 2022
RBI Raises Home Improvement Loan Limit To Rs 10 Lakh In Metros. Know The Features Here

RBI Raises Home Improvement Loan Limit To Rs 10 Lakh In Metros. Know The Features Here

RBI has increased the loan amount ceiling on home improvement loans to Rs 10 lakh in metros and Rs 6 lakh in other centres


23 May 2022
Selling A House As An NRI? Here’s How The Capital Gains From The Sale Will Be Taxed

Selling A House As An NRI? Here’s How The Capital Gains From The Sale Will Be Taxed

If you are selling a house in India as an NRI, know the rules regarding the taxes on the capital gains and TDS. You can also make use of the available...


19 May 2022
Monetary Policy Committee Members Divided On Issue Of Further Rate Hike

Monetary Policy Committee Members Divided On Issue Of Further Rate Hike

Members of RBI’s Monetary Policy Committee (MPC) seem to be divided on whether the Reserve Bank of India should go ahead with increasing the interest rate in...


20 May 2022
Three Sets of Documents To Check Before Buying A House

Three Sets of Documents To Check Before Buying A House

Check if the developer has obtained all the approvals and the property is free of any title dispute before buying. Also, check the agreement carefully and read...


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18 May 2022
Home Loan EMIs Set To Go Up: Should You Go For A Higher EMI or Higher Tenure?

Home Loan EMIs Set To Go Up: Should You Go For A Higher EMI or Higher Tenure?

With rates going up the interest outgo will increase but it will be higher if you go for a higher tenure and keep paying the same EMI


13 May 2022
LIC Housing Finance Ups Home Loan Interest Rate By 20 Bps For Select Borrowers

LIC Housing Finance Ups Home Loan Interest Rate By 20 Bps For Select Borrowers

For borrowers with CIBIL score of 700 and above, the rate hike has been limited to only 20 bps


09 May 2022
Three Instances When One Should Not Prepay A Home Loan. Read Here To Find More

Three Instances When One Should Not Prepay A Home Loan. Read Here To Find More

While prepayment of your home loan might seem beneficial, there are certain instances when one should not prepay the loan. Read here to find out when prepaying...


07 May 2022
HDFC Hikes Home Loan Rates For All Customers With Effect From May 9

HDFC Hikes Home Loan Rates For All Customers With Effect From May 9

HDFC hikes retail prime lending rate by 30 basis points. Other public, private sector banks expected to follow suit


06 May 2022
Denied Refund By Developer? Here’s The Legal Recourse Home Buyers Have

Denied Refund By Developer? Here’s The Legal Recourse Home Buyers Have

Real estate legal experts believe that home buyers have multiple legal avenues to claim refund from a developer. Read here to find out more.


05 May 2022
RBI Repo Rate Hike: Home Loan EMIs For Existing And New Loans To Get Costly

RBI Repo Rate Hike: Home Loan EMIs For Existing And New Loans To Get Costly

With the RBI increasing the repo rate by 40 basis points, existing as well as new loans will get costly, and your monthly EMI outgo is all set to increase....


04 May 2022
Want To Take A Joint Home Loan With Spouse? Here Are Its Advantages And Disadvantages

Want To Take A Joint Home Loan With Spouse? Here Are Its Advantages And Disadvantages

If you’re looking to get a joint home loan with your spouse, there are several pros and cons to it. Read here in detail


03 May 2022
Here Are 3 Important Changes That Will Impact Your Financial Life This May

Here Are 3 Important Changes That Will Impact Your Financial Life This May

Your financial life will undergo a change, with higher interest rates on loans, swing pricing on mutual funds, and a few other changes in the offing. Read here...


02 May 2022
80,000-Plus New Residential Units Launched Across Top-Six Cities in Q1 2022: Report

80,000-Plus New Residential Units Launched Across Top-Six Cities in Q1 2022: Report

Budget and mid-segment properties dominate online searches in Mumbai, Hyderabad. Bengaluru and Gurugram show rising demand for luxury and ultra-luxury...


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