Meanwhile, millions of urban Indians utilise housing loans to purchase the homes of their aspirations. However, not everyone is acquainted with the home loan process. As a consequence, many loan applications are denied, or borrowers discover themselves in a tricky position because they are still unable to repay their commitments.… Read more
Everything you need to know about home renovation loans!
Every house is a reflection of the owner’s character. The majority of homeowners prefer to repair their houses to improve their quality of life, be it for holidays or even other special events. House renovations can indeed be costly; thus, obtaining a personal loan to do so is always a wise decision.… Read more
Causes for and potential solutions to the labour crisis in Indian real estate
Ram Kirpal works as a construction worker in Noida, but he returns to his native Bihar during harvest time. Agriculture remains his primary employment. He claims that he only works on building sites in Noida when there is no farming employment available at home.… Read more
Brigade Group intends to construct premium real estate in Chennai and Bengaluru.
Brigade Group, a real estate developer, has signed formal agreements to build premium land parcels in Chennai and Bengaluru, with a total earning capacity of Rs. 4,000 crores over the next four to five years. The developer’s deal to purchase the Mount Road site in Chennai from the TVS Group firm has the capacity for one million square feet of mixed-use urban, comprising commercial, retail, and residential spaces. The bilateral cooperation land at Sarjapur Road in Bengaluru, near foreign schools, offers a residential flat development potential of about two million square feet.… Read more
NCR contributed for the most proportion of real estate investments in H2 2022: estimated
In accordance with the Vestian research ‘Institutional Investment in Indian Real Estate: H1 2022,’ NCR contributed to the most real estate investments in H2 2022, drawing 21% of overall investment.… Read more
Register for a home credit loan: Things you need to know before you apply
Someone may require fast cash to acquire a new phone, schedule a dream vacation, or purchase household products. A personal loan may be useful in such instances. If your sudden demand is less than INR 2,40,000, a Home Credit personal loan comes with a fair interest rate. Home Credit India Financing Pvt. Ltd., a non-banking finance firm, provides personalised personal loans.… Read more
Suggestions for dealing with illicit/illegal property possession
A vast majority of instances involving land in India are connected to illegal property possession. Because of the value of the property, it is frequently susceptible to illegal occupancy by unscrupulous individuals. To show their illegitimate possession of the property, such entities would also falsify legal records. Comparing flats and plots, plots are more prone to illegal possession since they offer more potential for illegal invasion.… Read more
What exactly is a home equity loan?
House equity loans allow you to borrow money against the value of your home while it remains mortgaged. Because they are secured loans using the borrower’s home as collateral, they provide access to large quantities of money and are easier to get than other forms of loans.… Read more
Your 2022 house loan prepayment guide
Many people explore different ways to reduce or eliminate their debt. One approach that is fairly popular among borrowers is repaying the loan in part or whole before the complete duration of the loan. Although it may assist you in getting out of debt, it can also result in large savings over what you would have paid in interest normally.… Read more
Stamp duty and registration fees for commercial real estate in Kolkata
When transferring ownership of a business’s assets, such as its stores, offices, and showrooms, stamp obligations, and registration fees must be paid. Prices vary across India and are set by the governments of the various states and union territories. You must keep in mind the stamp duty and registration fees levied by the West Bengal government for the metropolitan city if you’re considering investing in commercial real estate in Kolkata. The attention cost or circle rate is used to determine the stamp obligation. You must select the best number for calculation, calculate your price online by visiting a reputable government website, and submit your results.… Read more