National Property News
Real Estate Scenario>>> 2011
Prices climbed back up (and even beyond in most cases) after the drop in 2009 and volumes fell sharply. Interest rates on home loans shot through the roof on the back of 13 rate increases by RBI and d... Read more »
Will RBI be forced to issue a regulation on Pre-payment charges like NHB?
Recently SBI and ICICI Bank have also announced that they are waiving pre-payment charges on floating rate home loans whereas Axis Bank anyways has not had pre-payment charges on floating rate home lo... Read more »
What is a top up loan?
A top up loan basically allows you to avail a loan amount on top of your home loan. The usual loan tenure is about 10 years and is often offered only after a few years into the home loan disbursal, as this gives a fair idea about your repayment track record, which means no defaults down the line and this also increases your loan eligibility.... Read more »
Myths about pre approved loans!
First ask yourself if you really need the loan at all. There are times when people take the loan just because it was offered to them when in reality there was no necessity. Avoid a loan if you do not have a really pressing situation ahead of you! Remember, every loan pre approved or not comes with a cost. And at the end of the day it is you who will have to bear it.... Read more »
7 tips before renting out your property
Renting your home is a decision that is made after much contemplation.For those who are a bit jittery about renting out their property, the experts suggest them a short term leasing out of the property to companies. This option negates the scope of the property being misused. ... Read more »
Pre-payment on your mind, consider pros & cons!
With constant rise in the home loan interest rates, the borrowers who had taken the home loan at a lower rate of interest few years ago are now finding it difficult to stretch their resources further ... Read more »
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