EMI

Real Estate Gets Double Dose Of Happiness, Hails RBI’s Repo Rate Cut After Budget Bonanza

In an unexpected move, at least the market experts would agree to it, the Reserve Bank of India today cut the key Repo Rate by 25 bps, bringing it down to 6.25 percent. RBI was doing the 6th bimonthly monetary policy review, and first under its new Governor Shaktikanta Das, who replaced Uriji Patel a...Read More

Defaulting on a Home Loan (and how to avoid it)

Anuj Puri, Chairman – ANAROCK Property Consultants Home loans are paid in installments which are commonly known as Equated Monthly Instalments (EMI). These are fixed amount which is expected to be paid by the borrower to the bank every month as a part of loan repayment. A bank considers a home ...Read More

Credit Linked Subsidy Scheme – EMI expected to come down by over ₹2,000/month

Minister of Housing and Urban Poverty Alleviation, M Venkaiah Naidu released the Operational Guidelines for Credit Linked Subsidy Scheme (MIG) yesterday. According to guidelines, middle-income groups (MIG) with an annual income of above Rs 6.00 lakh and up to Rs 18.00 lakh per annum are eligible for ...Read More

Buy Vs. Rent – Middle Class Aspirations

The middle class always dreamt of owning a house till the late 1980s. People saved money for years to have that one moment of ownership. A home without rent was considered the final destination, whose journey was followed by years of struggle and scrimping. It was like attaining mental peace or getti...Read More

6 Most Widely Seen Payment Plans in Real Estate

Rohan Sharma, JLL India Developers are offering a variety of payment schemes to attract buyers during the current period when home sales have been slack. It is imperative that based on their individual income bands and liquidity positions (both present and future) they understand what each payment pl...Read More

What Drives The Demand For Ready for Possession Homes

“Ready for possession properties are comparatively costlier that under construction properties. They have their own benefits which allows the developers to charge extra. At a time when entire industry is struggling with delayed completion, these properties are ready for possession and thus, thi...Read More

Sector to gain from reduced banking rates

In a move that will provide a huge help in driving the demand for real estate sector in our country, a handful of banks have slashed their lending rates and a few have made a cut in their deposit rates which is considered a sign for future reduction in lending rates. A drop in lending rates means tha...Read More

ANOTHER RATE CUT BY RBI BRINGS JOY IN THE SECTOR

Fulfilling and following its promise of a rate cut cycle for this year, the Reserve Bank Of India (RBI) provided a much needed relief to the public and the sector by announcing a 25 basis point reduction in the key rate. This drop in the repo rate by RBI is its third slash for this year. RBI had star...Read More

Please wait...

Subscribe to our newsletter

Want to be notified when our article is published? Enter your email address and name below to be the first to know.