The Real Estate (Regulation and Development) Act, 2016 has provided for the purchase of title insurance by developers for all new and ongoing property developments registered with the regulatory body.
Real estate makes for a good investment and is generally expected to appreciate at value and price in the long run. However, one should understand that it is not the physical form of a dwelling that sets the prices soaring in the market.
These are a few questions that weigh on the minds of homebuyers when they seek to avail a home loan for purchasing their very own home. Normally, the quantum of a home loan is large and it requires a heavy financial commitment.
Purchasing a house can be an expensive affair. The costs that accompany such a significant financial transaction can burn a serious hole in your pocket.
The corpus fund is a very important fund established by the builder to cover the maintenance and upkeep of flats/apartments until possession is transferred to the homebuyers. The responsibility of handling the corpus fund is also transferred to a newly constituted flat owners’ association or cooperating society by the builder.
A home loan by its very nature is a long-term liability. It is up to the borrower to determine if it is more expensive or cheaper than the alternative sources of funds that can be availed to purchase a house.
Home loan lenders provide the loan amount to you for the purchase of a home. They are profit-making organizations to recover the loan amount and interest. This article is a simple guide to help you choose the right home loan lender for your dream house.
Financing a residential property from banks is a great option as they provide assistance through various loans, schemes, and mortgage facilities. Banks provide certain specifications for each loan.
There are different methods in which you can finance a property as different kinds of financing options are available to you and evaluating them based on their merits and drawbacks will help in choosing the right option to finance a property.
Unlike the old times, down payment is not only the way to secure property in the present scenario. Some of the most common payment plans apart from the traditional methods includes the construction linked plan, subvention plan, Flexi payment, and time linked payment plans.