The interim budget 2019 presented by the Government of India has thrown some positive light on the real estate industry. With a plethora of benefits such as tax exemption reforms and an income tax rebate for a second home, it is quite evident that potential home buyers are the biggest winners of this year’s budget. […]
There is no doubt that the introduction of ground-breaking regulations like the GST tax structure and RERA has significantly impacted the Indian real estate industry. Along with these, a new concept called Real Estate Investment Trusts (REIT) has emerged which has the ability to streamline the real estate industry by making it more organised, progressive […]
By 2021, India will embark on its journey of becoming the youngest country in the world. As per the 2013-14 economic survey, more than 64% of India’s workforce consists of individuals between the ages of 20 and 35. Due to the huge financial power that they possess, millennials are considered to be the most influential […]
Buying a property can be tricky. It involves a lot of planning and research since it is one of the biggest financial decisions of your life. One of the main factors that influence this decision is the type of property you want to invest in and the course of construction involved. Keeping that in mind, […]
When it comes to making an investment, there is always a Stocks vs real estate debate but the most common practice is to invest in the latter. It is a stable and secure option to fall back on when the need for monetary help arises. So, if you are buying a residential or commercial property, […]
The first step to becoming a homeowner is getting your finances in order. While home loans can finance up to 80 percent of the property value, the remaining 20 percent will have to come from your savings. For more insights, read Top Tips to Apply for a Home Loan to learn how to get your loan […]
Home insurance is intended to protect homeowners from any damage to the house and its procession, and it can be taken for a fixed period. Here is everything you need to know about home insurance. Types of home insurance in India Homeowners are usually faced with two options for home insurance in India: Basic […]
If there’s one thing that makes people hesitant about investing in a home, it’s the common real estate myth that buying a house is a very expensive affair. While real estate does require more funds than many other forms of investment, it can actually bring you greater returns in the long run. If you are […]
In a milestone effort to make home ownership affordable to people from every income bracket, the government has launched the Pradhan Mantri Awas Yojana (PMAY). As a part of this initiative, people who fall within the lower and middle-income groups are eligible for subsidies on the interest of their home loans. This is a much-needed […]
When you’re considering buying an apartment, you have two broad options in front of you: you can either invest in a property that’s still under construction or buy one that’s ready to move in. Most people believe that investing in a property which is still being constructed is a wiser decision since their prices are […]
The terms ‘home loan’ and ‘loan against property’ are often used interchangeably. However, both these types of loans are completely different from each other. Each of these loans comes with a specific procedure, requirements, benefits and drawbacks. When you take out a home loan, the bank lends you a certain amount of money to pay […]
Are you on the lookout for a purchasing your first home? Confused over how to go about things to get the best possible living space? Then you’re not alone! Purchasing a home is a dream for many, but it could also turn out to be a nightmare if you are not careful with your decision […]