A home loan borrower should immediately obtain an acknowledgment in writing from the bank that the sale deed has been lost. The letter should bear a seal and signature of the bank officials
Managing Money with Moneycontrol brings to you the best possible ways on how you should use your Bonus/increments.
Low buyer's sentiments in the real estate sector despite a dip in the home loan interest rates has led a sharp decline in home loan growth.
Buying a home can be a great way to save taxes. Here's how one should go about it:
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Keki Mistry said HDFC will file the red herring prospectus for HDFC Life IPO by October and aims to launch the issue this year itself
In an interview to CNBC-TV18, Keki Mistry, VC & CEO of HDFC shared his readings and outlook on RBI's bi-monthly policy.
Though you may have salary or income to support your home loan application, here are some factors you cannot ignore.
Repco Home Finance's net interest margins have remained on the higher side due to a rise in non-salaried customers while the asset quality has largely remained stable despite demonetisation.
Home loans have an important factor called loan to value. Banks lend up to 75% to 80% of the value of the property.
In an interview with CNBC-TV18, Keki Mistry, VC & CEO of HDFC spoke about the slash in home loan rates.
To whom are these reduced rates applicable The reduction in State Bank of India‘s (SBI‘s) rates, is not as widely applicable, as is made out to be. It is not that the home loans R
State Bank of India, on May 8, 2017, announced a steep reduction in its affordable home loan rates by up to 25 basis points, with the lowest rate of 8.35 per cent for new R
SBI has announced rate cut in home loans by 25 basis points to 8.35 percent per annum. With this reduction, SBI's offering is the lowest in the market. The new rate will be effective from May 9th, 2017.
Financial sector experts believe lenders would gain extra comfort in extending loans to homebuyers under the new real estate law, which came into force from May 1.
A study by credit information company CIBIL, has revealed that loans meant for affordable housing (home loans of under Rs 10 lakhs ticket size), have shown a robust 23 per cent CAGR over the R
The Mumbai Income Tax Tribunal, recently delivered a very important decision on the claim for tax exemption on HRA (House Rent Allowance). Let us analyse the decision in details, with its ramification and relevance R
This scheme is on the home loan subsidy, and hence let us be careful as to which lenders are authorised by the Indian government to process such subsidised loans.
In India, the current belief is that property investment is ideal, only for those with upcoming or established careers. However, is this true? How do banks, lenders and the property sector at large, view R
The decision to buy or rent a house is a crucial one for your financial and emotional well-being and should be taken after a lot of deliberation. Here are some of the aspects one R
Home loan interest rates have reduced significantly on the back of huge inflow of deposits in the banking system and creating a good atmosphere for end-users. Homebuyers can now purchase homes of their choice by making full cheque payment.
The Reserve Bank left its benchmark lending rate unchanged at 6.25%, on April 6, 2017, for the third policy review in a row, citing upside risk to inflation. It however increased the reverse repo R
Low home loan rates have improved affordability for most income groups and have made purchase of property viable. Demand-supply mismatch is also likely to push real estate prices higher. To wait further will be a fallacy on the part of home-buyers, Getamber Anand, President, Confederation of Real Estate Developers’ Association of India (Credai) said in an interview to Moneycontrol.
Ahead of the Reserve Bank of India‘s (RBI‘s) monetary policy this week, the country’s largest bank, State Bank of India (SBI), on April 3, 2017, reduced its benchmark lending rate by 0.15% to 9.10%, R
The Lok Sabha, on March 29, 2017, cleared four bills in preparation of the upcoming rollout of the Goods and Services Tax (GST) regime: Integrated GST Central GST Union territory GST Compensation bill This R