Quite often it becomes a practical option to avail a joint home loan so as to increase the loan amount and get tax benefits too. In case a couple plans to buy a home by taking a joint home loan then thee are added advantages which they can avail from the loan. While a joint… Read More »
The popularity of home loans as a medium to acquire the dream property has been on the rise across the country in the past decade. Every day more and more people apply for this wonderful financial tool that lets you own a home and have a array of other fringe benefits. Home loans are meant… Read More »
With the growing popularity of home loans as a means of financing the dream home almost all banks today are offering various kinds of home loans which can be easily availed by people looking to buy a home for themselves. The Reserve Bank of India has stipulated guidelines that need to be followed in application,… Read More »
The wonderful benefits that are associated with a home loan currently make it a great option for earning individual to make an investment as well as save on taxes. By leveraging the amount that people already have they can now afford to buy much larger houses using the easily available home loans. Even after the… Read More »
With the advent of affluence and prosperity ushered in by economic liberalization there has been steep rise in number of Indians wanting acquire one or more houses in urban localities. This has further led to marked increase in prices of real estate across the country. Every earning individual in India today contemplates owning dream home… Read More »
Sunil had seen a lovely apartment and he was in a hurry to buy it. As he did not have sufficient money to purchase it, he settled for the lucrative loan offer from a bank. Unfortunately, after some time, he found out that he was paying more towards the loan than his other friends. When… Read More »
Anxiety, cheer, joy, worry, nerves, confusion, clarity, lack of clarity – these are the range of emotions that engulf us the moment we start thinking of buying our first home. Irrespective of our financial standing, a first home has a very special emotional place in our heart. Then, why should it be a cause for… Read More »
When saving for a home loan, plan on increasing the down payment over and above the limit that needs to be paid RBI recently brought in a new ruling effective from February of this year to curb property values being inflated. Accordingly stamp duty, registration and other taxes like VAT and service tax will be… Read More »
Buying a home is the most important decision for a majority of people. It is an exhaustive process involving loan application, site inspection, property inspection, myriad regulations, and search for the right locality. It is imperative that people spend so much time in acquiring a roof over their head as this is their biggest expense.
As anyone who just moved into their own house will know – it is a wonderful feeling to step into a freshly painted and furnished brand new home! Owning and moving into a new home can be a very fulfilling moment!