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Home Loans

Overall Claim For Interest On Home Loan Limited To Rs. 2 Lakh

You can claim tax benefit on your second house starting from the year of completion and possession. It is important to ascertain whether a piece of agricultural land is agricultural within the definition of the Income-tax...

12 November 2022

Here Are 7 Questions You Should Ask Yourself Before Investing In A Home

The housing market is cooling down and you might be tempted to finally take that leap of faith and invest in a home. But are you ready yet? Is this the right time to buy a house? Here’s what you should ask yourself to...

26 October 2022

Amid Pollution Concern, Here’s How A Construction Ban Will Impact Housing Projects In Delhi-NCR 

Amid Pollution Concern, Here’s How A Construction Ban Will Impact Housing Projects In Delhi-NCR 

There are currently as many as 568,000 housing units under various stages of construction in Delhi-NCR, according to ANAROCK Group.

17 October 2022

How India’s Post-Pandemic Real Estate Market Offers NRI Homebuyers ‘Distinct Advantage’

Aided by the strengthening US dollar, more and more non-resident Indians (NRIs) are looking at the current favourable real estate market conditions in India for investment, say experts

09 November 2022

Home loans

Home Loan Diwali Offers: HDFC, SBI, Bank Of Baroda And Others Slash Rates, Check Latest Interest Rates Here

As a cherry on the top, SBI, the country’s largest lender has also waived off the processing fee on home loans till January, 2023.

19 October 2022

Bank of Maharashtra Slashes Home Loan Rate To 8% In Festive Offer

The Pune-based lender has also slashed interest rate on personal loans to 8.9 per cent from the existing 11.35 per cent effective Monday (October 17, 2022), BoM said in a statement

16 October 2022

Renting Vs Buying What Works For You?

The Indian equity market has been highly volatile since November 2021 due to selling pressure from foreign portfolio investors.

03 November 2022

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5 things to know about home improvement loans

This Diwali, you may want to light up your home with a makeover. If you want to avail of a loan for this, read on to find more. 

16 October 2022

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14 October 2022
5 Strategies To Cope With High Home Loan EMIs

5 Strategies To Cope With High Home Loan EMIs

As banks continue to increase home loan rates and EMIs increase, here are some strategies for homebuyers to cope up


11 October 2022
Home Loan Repayment: What Longer Tenure Could Mean For Mortgage Borrowers?

Home Loan Repayment: What Longer Tenure Could Mean For Mortgage Borrowers?

If the total loan repayment period reaches the age at which the borrower is expected to retire, in that case, even the banks will not be in a position to...


09 October 2022
No Material Impact Of Rate Hike On Demand For Home Loans

No Material Impact Of Rate Hike On Demand For Home Loans

As per the RBI data, the housing loan outstanding of the banks was at Rs 8,60,086 crore at the end of fiscal 2016-17, and the same has increased to Rs...


06 October 2022
Can Fin Homes Mulls Raising Up To Rs 4,000 Crore Debt Capital

Can Fin Homes Mulls Raising Up To Rs 4,000 Crore Debt Capital

The board of directors of the company is scheduled to meet on October 17, 2022 to approve financial results for the company's second quarter and first half...


06 October 2022
You Can Now Take A Home Loan Online, But 10% Work Still Has To Be Done Offline

You Can Now Take A Home Loan Online, But 10% Work Still Has To Be Done Offline

Compared to a decade ago, you can now complete up to 90 per cent of the home loan process completely online, thus making the entire process that much faster....


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01 October 2022
Home Loan Rates Up After Another RBI Repo Rate Hike, How Much Will EMIs Increase?

Home Loan Rates Up After Another RBI Repo Rate Hike, How Much Will EMIs Increase?

Leading home loan lenders, such as HDFC and LIC Housing Finance, as well as banks, such as ICICI Bank and Axis Bank have increased home loan rates within hours...


01 October 2022
Co-borrowers Of Home Loan Can Claim Tax Benefits Based On Respective Share In Home Loan

Co-borrowers Of Home Loan Can Claim Tax Benefits Based On Respective Share In Home Loan

Even if the bank issues a single certificate for a joint home loan, co-borrowers can claim the tax benefits in the ratio of their share.


30 September 2022
Loans To Get Costlier As RBI Hikes Repo Rate: Things Borrowers Should Know 

Loans To Get Costlier As RBI Hikes Repo Rate: Things Borrowers Should Know 

As the Reserve Bank of India (RBI) hikes the repo rate by 50 basis points on Friday, home, personal, and car loans are set to get costlier. Here're a few...


30 September 2022
Will RBI's Repo Rate Hike Hit Real Estate Sector's Revival Hopes As Affordability Narrows?

Will RBI's Repo Rate Hike Hit Real Estate Sector's Revival Hopes As Affordability Narrows?

Most real estate developers believe that rising rates will hit the sector, but others say strong festive demand and offers may keep it floating


29 September 2022
Real Estate Developers Lay Red Carpet For Homebuyers With Festive Season In High Gear

Real Estate Developers Lay Red Carpet For Homebuyers With Festive Season In High Gear

Real estate developers are offering a plethora of gifts to attract customers this festive season as upbeat economic outlook renews homebuyers’ demand.


24 September 2022
Deduction Of Interest On Home Loan Is Applicable In Full If House Is ‘Let Out’

Deduction Of Interest On Home Loan Is Applicable In Full If House Is ‘Let Out’

You can claim deduction on interest on home loan in full if the house is let out, irrespective of the fact whether this is your sole house or additional...


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08 September 2022
Failed To Pay Your Home Loan EMI? Here’s How To Set Things Back On Track

Failed To Pay Your Home Loan EMI? Here’s How To Set Things Back On Track

If you fail to pay the equated monthly instalments on your home loan, do not feel stressed out. There are ways to work around the situation. Read on to know...


25 August 2022
What Are The Pros And Cons Of Reverse Mortgage

What Are The Pros And Cons Of Reverse Mortgage

Should you consider a small house or buy a mansion on reverse mortgage? While there are benefits, reverse mortgage also comes with drawbacks. Thus, it is...


23 August 2022
Why These Three Types Of Debt Could Help You Move Forward In life?

Why These Three Types Of Debt Could Help You Move Forward In life?

Though most people associate debt with something bad, it need not always be so. Debt can help you to move forward in life and, if you’re lucky, build wealth...


22 August 2022
LIC Housing Finance Increases Home Loan Rates By 50 Bps, New Rate Starts At 8%

LIC Housing Finance Increases Home Loan Rates By 50 Bps, New Rate Starts At 8%

LIC Housing Finance has released the latest interest rates on home loans, which has been increased by 50 basis points. The floating rate home loans are linked...


10 August 2022
Watch Out Before You Take A Lucrative Low-Interest Housing Loan From A Developer

Watch Out Before You Take A Lucrative Low-Interest Housing Loan From A Developer

As some realty developers are doling out low-interest housing loans, you must first weigh all its pros and cons before zeroing on one.


08 August 2022
Tier-III, Tier-IV Towns Lead Growth In Residential Home Loan Demand Post-Covid: SBI Report

Tier-III, Tier-IV Towns Lead Growth In Residential Home Loan Demand Post-Covid: SBI Report

Work from home during covid led to a rise in demand for residential projects in tier-III and tier-IV districts across India, which subsequently led to an...


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