Revised RBI Guidelines for Housing Finance Companies
As you know that our country is facing liquidity issues and the COVID-19 outbreak has not done any good to it especially the real estate sector. The government has been taking various measures to increase the liquidity inflow in the country. For the same, The Reserve Bank of India (RBI)
What to Expect When Banks Process Home Loan Application?
Buying a home requires a huge amount and for a layman, it is not possible to invest such an amount all by itself, which is why most homebuyers seek the help of financial institutions to avail a home loan. Prior to banking digitalization, The way of acquiring home loans in
What is Carpet Area, Built-Up Area and Super Built-Up Area?
When a person buys a home, they expose themselves to various new words, jargon, and terminologies that they may or may not know. As not many people deal with real estate regularly or buy or sell property on daily basis like brokers and real estate agents, people can find it
Home loan Interest Rates and EMI, December 2020
Purchasing a home is a big financial decision & not everyone is able to generate their own money to buy a property. Most of the people rely on financial institutions to provide home loans. It is the most common way of getting finance for getting property. The RBI has reduced
COVID-19 Hits Mohali Real Estate Market
Indian real estate market has seen rock bottom with the global pandemic of COVID-19. As we all know the market was already hit by demonetization and commencement of RERA in the year 2016 and only recently was retrieving again but this pandemic has made it difficult for this sector to
COVID-19 Impact: Homebuyers Looking for Larger Apartment
As we know due to COVID-19 people are not shifting to bigger houses and demand for ready to move houses has shown a positive shift in recent months. With the outbreak of the virus all around the world, many changes have been made and seen around us as well. One