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How The Pradhan Mantri Awas Yojana (PMAY) 2023 Will Help Prospective Homebuyers
Incremental PMAY allocation of up to 79,000 crore will give momentum to affordable housing and assist a wide range of homebuyers. It is anticipated that this allotted amount will address more than 55 percent of the estimated deficit in funds for projects that fall under the scheme.
3 years ago
5 min read
How to select the right home loan
Owning a house could have different meanings to different people but the cost remains the same. The huge cost attached with buying property could equate to years of efforts clubbed with years of projected salary.
7 years ago
6 min read
Preferential Loan Term Meaning in Real Estate - Guide
A preferential loan can prove to be instrumental in terms of purchasing a house as it attracts lesser liability against the new asset earned.
7 years ago
read
Homebuyers cheer when RBI keeps the repo rate stable
This action will boost the primary property market by curbing loans to developers and homebuyers from getting dearer
7 years ago
read
Home loans get costlier as RBI boosts repo-rate to 6.5%
A hike in repo rate will have a direct impact on borrowers as banks are likely to increase interest rates on loans, including home loans.
7 years ago
read
Home loan vs personal capital: what to invest when buying a house
there are several factors which might affect your buying pattern and your mode of payment whether through a bank loan or your own pocket.
7 years ago
3 min read
Adjustable Rate Mortgage Term Meaning in Real Estate - Guide
This is a type of mortgage in which the interest rate applicable on the outstanding balance varies throughout the duration of the loan
8 years ago
read
Current yield Term Meaning in Real Estate - Guide
Current yield is the financially rewarding rate of interest which is, or would be, an appropriate at the date of valuation under the assumption that the property is at its full rental value
8 years ago
read
Basis point (BPS) Term Meaning in Real Estate - Guide
Basis point (BPS) is one-hundredth of one percentage point
8 years ago
read
Capped Rate Term Meaning in Real Estate - Guide
Capped rate is an interest rate that is allowed to fluctuate, but which cannot surpass a stated interest cap per cent
8 years ago
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