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Credit Report Term Meaning in Real Estate - Guide
It is a report prepared by experienced credit bureaus, where they derive their decision by observing one’s credit patterns. It is most important to have when applying for loans, as the creditworthiness can determine the risks involved and can affect the lending factors.
7 years ago
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CRISIL Term Meaning in Real Estate - Guide
CRISIL (formerly Credit Rating Information Services of India Limited) is an India-based global analytical company which provides credit-ratings, market research, and risk and policy advisory services to the investors.
7 years ago
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Occupancy Rate Term Meaning in Real Estate - Guide
This rate identifies the total usage of usable space in a given locality. This is calculated by taking a ratio of occupied space (rented or bought and used actively) and the available accommodation.
7 years ago
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Absorption Rate Term Meaning in Real Estate - Guide
The rate at which obtainable houses are sold in a particular realty market during a certain time period. Its calculation is done by dividing the average number of sales during that period by the total number of available homes.
7 years ago
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Depreciation Term Meaning in Real Estate - Guide
The fiscal value of an asset which reduces over time due to usage, wear and tear or obsolescence. This is depreciation, it is also calculated on a set assumption in the books of accounts.
7 years ago
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Annual Percentage Rate Term Meaning in Real Estate - Guide
Annual Percentage Rate is the rate which is charged for a tenure of a year, and also which is mentioned in the loan agreement.
7 years ago
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Registered & Corporate Office
JM Financial Products Limited. 7th Floor, Cnergy, Appasaheb Marathe Marg, Prabhadevi, Mumbai - 400025
CIN:
U74140MH1984PLC033397
RERA NUMBERS
Maharashtra
A51900000277
Karnataka
PRM/KA/RERA/1251/309/AG/220521/002898
Delhi
DLRERA2022A0103
Haryana
RC/HARERA/GGM/1932/1527/2022/300