Category Archives: Home Loans

Loans taken for purchasing housing property

The Real Estate Bill To The Rescue

There’s always the fear of being short changed – either in terms of quality, hidden costs or recurrent delays in possession date when it comes to buying a property. The glossy brochures, showcasing royal facades and landscaped gardens could very well be a trap where the builder magician casts a vanishing spell on your money. The Real Estate Bill seeks to provide some relief for buyers.

Good News For First-Time Home Buyers!

An important announcement was made in the Union Budget 2016,where first time home buyers will benefit from an additional tax relief of Rs 50,000 per anum, where the cost of the house doesn’t exceed Rs 50 lakh and the loan amount is Rs 35 lakh. In this video, Adhil Shetty – Founder & CEO, BankBazaar, breaks down this information for us and tells us how the budget will impact Home Loan borrowers.

Living In The Lap Of Luxury

Buying your own luxurious pad in an upmarket locality is certainly an alluring dream. Luxury apartments are in great demand these days. But before you invest in a luxury apartment, make sure you have done your homework! Here are a few things to keep in mind.

Top Five Celebrity Homes

Celebrity homes are known for their grandeur and opulence, which makes them stand apart. There’s a fair amount of curiosity and intrigue surrounding these well-known homes. Want to know more about these illustrious addresses? Read on!

Home Loan Balance Transfer – Things To Consider

You’ve decided to transfer the balance on your Home Loan to a new bank that offers better interest rates. But before you do that, you should consider the pros and cons involved in the transfer process. You need to evaluate all the factors and not be lured by the lower interest rate only. Read on to know how you can easily transfer your existing Home Loan to a new bank.

SBI’s New FlexiPay Home Loan Scheme

Nothing shouts ‘security’ more than owning an asset, such as a house or an apartment, and people usually put great efforts into saving up enough to be able to afford one. With such a great market going for them, financial institutions are going out of their way to make Home Loans accessible to the masses.

Home Loans =Tax Benefits

Buying a house with Home Loan financing is common practice these days. Not only does it provide you with funds to buy your house, it also helps you saves on your Income Tax. If you are planning to apply for a Home Loan to buy a new house, here’s some information on the tax benefits you are eligible for.