How to Achieve Homeownership in India: A Step-by-Step Guide

6 days, 13 hours ago

The home you want to buy already has a loan on it. What should you do?

It’s not uncommon to find home buyers who want to sell their property before paying back the loan on it. If the seller and buyer have all the required documents, it’ll take around 15 days for the loan to be processed after the ‘agreement of sale’ is signed. But if the buyer seeks a loan from a different bank or …

Property Bank Loan Lakh Buy Seller Buyer

6 days, 22 hours ago

SBI loan disbursements in Telangana race past ₹10,000 cr. in current fiscal

The Hindu

State Bank of India home and home-related loan disbursements this fiscal in Telangana raced past the ₹10,000 crore mark in the eight months ended November, SBI Hyderabad Circle said on Monday. Besides home loan, SBI has a wide range of related products such as personal loan against property ; home loan top-up; Maxgain -Hybrid; and NRI home loan which are …

Loan Home Loan Circle Sbi Entire State

1 week, 1 day ago

Distressed home buyer in Bengaluru approaches National Human Rights Commission against builder

New Indian Express

Among the 300-odd people who have purchased a flat from the developer is Amrita Sudhakar. We have repeatedly approached their Customer Care office inside the Tech Park only to get false assurances that the apartment would be ready within three months. Fed up, we approached the Karnataka-Real Estate Regulatory Authority in February 2021 and a verdict was given in our …

Bengaluru Rera

2 weeks ago

Kiran Rao rents an apartment for ₹6.5 lakh per month in Mumbai’s Bandra West

Hindustan Times

Kiran Rao, Bollywood film producer, screenwriter, director, and former wife of Aamir Khan. whose film Laapataa Ladies has been selected as the Indian entry for the Best International Feature Film for the 97th Academy Awards, has rented an apartment for ₹6.5 lakh per month in Mumbai’s Bandra West area. Kiran Rao rents an apartment for ₹ 6.5 lakh per month …

India Film Mumbai Bollywood Month Rao Lakh

2 weeks, 2 days ago

India’s External Debt Interest Surges 93%

Deccan Chronicle

Chennai: Interest payments on India’s public and publicly guaranteed external debt in 2023 rose by 93 per cent, while total interest payment on external debt went up by 49 per cent. The South Asia region saw the biggest yearly increase in interest payments on PPG debt in 2023, rising 62 percent to US$12.5 billion. While the interest payment on external …

India Debt Interest Public Billion Cent 2023

2 weeks, 3 days ago

Experts ask RBI to cut interest rate to revive real estate market, ease home loan burden

Live Mint

With the Reserve Bank of India keeping its key interest rate unchanged, real estate experts and developers have stressed the need to lower the rate, citing the need to stimulate sluggish sales and ease the growing burden of borrowing costs. “At this point, a rate cut would be more beneficial for consumers," said Shishir Baijal, chairman and managing director of …

India Real Estate Growth Home Loans Interest Rates Interest Sales

2 weeks, 3 days ago

RBI keeps interest rate unchanged; home loan borrowers may have to wait till 2025 for EMI relief

Hindustan Times

The Reserve Bank of India's decision to keep its benchmark interest rate unchanged at 6.5% for the 11th consecutive time citing continued inflationary pressures means stable EMIs for homebuyers amidst rising housing prices. RBI Monetary Policy: The Reserve Bank of India's decision to keep its benchmark interest rate unchanged at 6.5% for the 11th consecutive time citing continued inflationary pressures …

Growth Economic Growth Prices Interest Estate Real Rate

2 weeks, 4 days ago

Stable interest rates to bring predictability for homebuyers and developers: Real Estate Industry

New Indian Express

NEW DELHI: The real estate industry players and other stakeholders have largely welcomed the Reserve Bank of India's decision to maintain the repo rate at 6.5 per cent, adding that the stability in the policy rate will promote market confidence by giving developers and homeowners. On Friday, RBIs MPC decided to keep the repo rate unchanged at 6.5 per cent …

Industry Rbi Repo Rate Real Estate Industry

2 weeks, 4 days ago

DDA collaborates with fintech firm to ease affordable housing loans

New Indian Express

NEW DELHI: In a significant move to enhance accessibility to affordable housing loans in the capital, the Delhi Development Authority has signed a Memorandum of Understanding with Ambak, a new-age fintech company. As part of the agreement, DDA will share property details of its housing projects across income categories, including Economically Weaker Sections, Low-Income Groups, Middle-Income Groups, and High-Income Groups, …

Delhi Dda Housing Loans

2 weeks, 4 days ago

Average Apartment Sale Price In India Hits Rs 1.64 Crore In 2024: Report

ABP News

India saw the sale of 2.3 lakh homes valued at Rs 3.8 trillion in the first nine months of 2024, with an average sale price of Rs 1.64 crore per apartment, driven mainly by premium projects, particularly in Delhi NCR, according to global real estate consultancy firm JLL. “With capital values surging and being at an all-time high, close to …

India Homes Bengaluru Delhi Mumbai Housing 2024

2 weeks, 4 days ago

Year-ender 2024: Housing sales across 7 cities including Delhi NCR, Mumbai, Bengaluru expected to touch 3.05 lakh units

Hindustan Times

Housing sales across the top seven cities- Delhi-NCR, Mumbai, Kolkata, Chennai, Bengaluru, Pune and Hyderabad - are expected to touch 3.05 lakh on the back of increase in demand. Year-ender 2024: Housing sales across the top seven cities- Delhi-NCR, Mumbai, Kolkata, Chennai, Bengaluru, Pune and Hyderabad - are expected to touch 3.05 lakh on the back of increase in demand. …

Homes Bengaluru Delhi Mumbai Housing Chennai Sales

2 weeks, 5 days ago

Affordable housing shortage to touch 312 lakh units by 2030: CII-Knight Frank report

Hindustan Times

Affordable housing in India is expected to touch 312 lakh units by 2030 with a potential market size of ₹67 trillion, a report by Confederation of Indian Industry and Knight Frank has said, adding the segment could also provide several opportunities for financial institutions. Affordable housing in India is expected to touch 312 lakh units by 2030 with a potential …

India Housing Cities Financial Institutions Report Knight Frank Lakh

2 weeks, 5 days ago

Centre working on new home loan scheme for informal sector workers: Official

Hindustan Times

NEW DELHI: The Centre is working on a government-backed credit guarantee mechanism to provide affordable home loans from institutional sources to workers outside the formal ecosystem, a senior government official said on Wednesday. A report titled ‘Affordable Housing in India’ was launched on Wednesday “At present, cheaper home loans are limited to people with good business income or salaries. The …

India Report Million Affordable Housing Units

2 weeks, 6 days ago

New loan scheme in Chhattisgarh, women can avail up to Rs 25,000

India Today

The BJP-led Chhattisgarh government has launched a new scheme allowing women beneficiaries of the Mahatari Vandan Yojana to get a loan of up to Rs 25,000. Named as Mahatari Shakti Loan Yojana, the scheme targets women beneficiaries who have bank accounts with State Rural Bank, aiming to enable them to open and operate self-employment ventures. ALL ABOUT THE SCHEME According …

Bank Loan State Chhattisgarh Emi Yojana Vandan Scheme

3 weeks ago

Over 88 lakh houses delivered under PMAY-U, govt tells Rajya Sabha

Hindustan Times

New Delhi, Dec 2 More than 88 lakh houses have been delivered to the beneficiaries under the Pradhan Mantri Awas Yojana, the Rajya Sabha was informed on Dec 2. More than 88 lakh houses have been delivered to the beneficiaries under the Pradhan Mantri Awas Yojana, the Rajya Sabha was informed on Dec 2. The ministry has been supplementing the …

Urban Rajya Sabha Houses Pmay

3 weeks, 3 days ago

Properties worth ₹50 lakh: Here’s what you can buy in Mumbai and MMR

Hindustan Times

Mumbai real estate market is the most expensive real estate market in the country and purchasing a home in the financial capital is a dream come true for many homebuyers considering that apartments cost as much as ₹20,000 per sq ft to ₹1.50 lakh per sq ft if not more. "With a budget of ₹50 lakh in Mumbai, homebuyers can …

Mumbai Budget Homebuyers Units Estate Real Lakh

3 weeks, 5 days ago

BFSI Stock Picks: ICICI Bank, SBI among Mirae Asset’s top 10 picks for investors after mixed Q2; Should you buy or hold?

Live Mint

Indian banks and non-banking financial companies reported a mixed performance for the July-September quarter of current fiscal on margin compression, an increased credit cost and a slowdown in credit growth. BFSI Q2FY25 Review The bank’s credit growth figure eased to 14.8 per cent year-on-year in Q2FY25, compared to 15.4 per cent YoY in Q1FY25 and 14.9 per cent YoY in …

Finance India Growth Credit Bank Stock Investors

3 weeks, 5 days ago

India: Telecom debt crosses ₹4 lakh crore in FY24

Deccan Chronicle

New Delhi: The government on Wednesday said that the total debt on four major telecom operators in the country, including Reliance Jio, Bharti Airtel and Vodafone Idea stood at over Rs 4 lakh crore in the financial year 2024, with state-owned Bharat Sanchar Nigam Limited recording the lowest debt among competitors at Rs 23,297 crore. According to data shared by …

Crore Bsnl Total Debt India Telecom

3 weeks, 5 days ago

Can you buy a property in Mumbai for ₹50 lakh? The answer may surprise you

Hindustan Times

If you’ve set aside ₹50 lakh to buy a property in Mumbai, you will be in for a surprise for what it can fetch you in the country’s most expensive real estate market. Mumbai real estate: If you’ve set aside ₹ 50 lakh to buy a property in Mumbai, you will be in for a surprise) Several luxury real estate …

Space Mumbai Car Parking Maharera Estate Real

3 weeks, 6 days ago

Rate cuts may help optimize home affordability, Kolkata most affordable housing market

Hindustan Times

Most real estate markets across the country, especially Mumbai and Pune are expected to approach optimal affordability levels by 2025 with a projected interest rate cut on the horizon, while Kolkata is set to maintain its status as the most affordable market, potentially hitting new peaks, according to JLL’s Home Purchase Affordability Index. Rate cuts may help optimize home affordability …

India Growth Bengaluru Mumbai Kolkata Hyderabad Market

1 month ago

Personal Loan: Want to raise ₹10 lakh? EMI to fluctuate with these two factors; check calculator here

Live Mint

If you are planning to raise a personal loan for any amount then remember that your equated monthly instalment is contingent on two factors i.e., time duration and rate of interest. Among these two factors, amount of EMI is directly proportional to the rate of interest that the bank charges, and inversely proportional to the tenure of loan. For example, …

Loan Personal Loan Interest Rate Lakh Emi Three Years

1 month ago

Average Home Prices In Top 7 Cities Hit Rs 1.23 Crore, Anarock Data Reveals

ABP News

Average ticket size of homes sold in the top seven cities in India touched Rs 1.23 crore in the first half of the 2024-25 fiscal year, in comparison to Rs 1 crore in the same period a year earlier. The data showed that average ticket size climbed to Rs 1.21 crore in Bengaluru in H1FY25, in comparison to Rs 0.84 …

India Crore Average Ticket Ncr Size H1Fy25

1 month ago

Can you get a personal loan? Check eligibility criteria first

Live Mint

Personal loans are helpful for fast money if you need such speed to cover medical costs, house improvement, or that dream vacation. Understanding eligibility criteria for personal loans Lenders often consider a variety of factors when determining eligibility for a personal loan in India. Age, income, employment stability, credit score, and existing debt are all important eligibility factors. Factors affecting …

India Employment Personal Credit Personal Loans Debt Loan

1 month, 1 week ago

SBI set to borrow $1.25 billion, India’s largest dollar-denominated bank loan in 2024; details here

Live Mint

The State Bank of India, India's largest public sector bank, is planning to raise up to $1.25 billion, marking the biggest dollar-denominated loan in the country's financial sector. Dollar loan volume declines The report said that despite these loans, India's dollar loan volume has declined 27 per cent to $14.2 billion this year due to the absence of large company …

India Bank Loan Report Cent Hdfc Bank Sbi

1 month, 2 weeks ago

Revanth Reddy interview | ‘There are financial constraints, but I am definitely going to implement all the promises that have been made to the people’

The Hindu

Chief Minister A. Revanth Reddy has asserted that the data of the ongoing socio-economic caste survey across the State will be made public barring the personal information of individuals as part of the privacy norms. The government plans to take Metro services in the third phase to Future City, Kompally and Medchal in the Northern part of Hyderabad, the Chief …

Data Information Caste Telangana Survey State Bjp

1 month, 2 weeks ago

Home loans emerge as top financing choice for potential home buyers: Report

Hindustan Times

As many as 80% of people who aspire to own property prefer to take a home loan for it. Besides location, size, affordability, availability of financing options and future resale value are factors that dictate the home buying decision making process, a report by Knight Frank India has said. As many as 80% of people who aspire to own property …

India Real Estate Home Loans Report Buyers Respondents Knight Frank India

1 month, 2 weeks ago

Additional house building advance for All India Service officers, T.N. govt. officials enhanced by ₹5 lakh

The Hindu

As the Tamil Nadu Housing Board has intimated all the allottees of the Nerkundram scheme to pay 5% GST on the sale of houses to them, the State government has enhanced the additional house building advance given to All India Service officers and State government employees under the scheme by ₹5 lakh to each of the beneficiaries. The Housing and …

Building State House Advance Lakh Additional State Government Employees

1 month, 3 weeks ago

Telangana Government Announces Massive Housing Initiative: 20 Lakh Houses in 4 Years

Deccan Chronicle

The Telangana government has announced that Chief Minister A. Revanth Reddy will continue in the post for the next four years without interruption. The state government plans to construct 20 lakh houses for the poor under the Indiramma housing scheme in the next four years, with a budget allocation of Rs.27,000 crore.

Government Politics Law Housing Hyderabad

1 month, 3 weeks ago

Personal Loan EMI Calculator: A Comprehensive Guide to Planning Your Dream Vacation

The Hindu

A personal loan EMI calculator is a helpful online tool that helps you estimate your EMI payments and determine the ideal loan amount, tenure, and EMI plan that fits your budget. By considering factors like loan amount, interest rates, and tenure, you can find the best loan option to fund your dream vacation.

Law Travel Finance Personal Loans

1 month, 4 weeks ago

Top 6 Cities in India See Significant Surge in Home Sales in Q3 2024

Hindustan Times

Indian homeowners have shown a strong interest in purchasing homes in major cities across the country during the January-September period of 2024. Pune and Delhi-NCR emerged as top performers, with a combined value of ₹4.26 lakh crore sold during the quarter. Delhi-NCR led the way with sales worth ₹1.2 lakh crore, while Pune sold the highest number of units at …

Entertainment Business Government Law Pune

2 months, 3 weeks ago

₹1.35 lakh rent, ₹4 lakh security for a Mumbai flat with washing machine above toilet

Hindustan Times

Mumbai, often called the "City of Dreams," is a place where millions flock with hopes of building a future. A 2BHK apartment in Mumbai is raising eyebrows for its unique design The rent crisis in Mumbai is driven by limited land for a large population. What made the whole thing even more hilarious was the expected rent for the apartment …

Lakh Apartment Rent Toilet Mumbai Washing Machine

2 months, 4 weeks ago

Private capex to pick up, ₹4 lakh crore credit demand pipeline from India Inc: SBI Chairman

The Hindu

Setty has said the bank has already got ₹4 lakh crore strong credit pipeline from India Inc and expressed hope that capital expenditure by the private sector is expected to pick up in the second half of the fiscal year. As far as public spending is concerned, Finance Minister Nirmala Sitharaman in the Budget proposed to raise the capital expenditure …

Capital Rate Sbi Setty Expenditure Crore Credit

3 months, 1 week ago

Sundaram Home Finance eyes ₹225 cr. disbursal in Madhya Pradesh

The Hindu

Sundaram Home Finance Ltd. said it is aiming at a 50% increase in home loan disbursals in the current fiscal. Last fiscal, the company disbursed ₹150 crore in Madhya Pradesh and is targeting disbursements of ₹225 crore, a growth of 50% this year, said Managing Director D. Lakshminarayanan. The current move of opening new branches in Maharashtra and Rajasthan in …

Madhya Pradesh Increasing Shfl Pradesh Sundaram

3 months, 2 weeks ago

6 Reasons Why You Should Choose Mortgage Loans in India

Hindustan Times

A mortgage loan is one of the most popular financial tools in India that helps people fulfil various financial needs, such as buying a home, starting a business, or funding higher education. With competitive mortgage loan interest rates, easy repayment options, and high loan amounts, a mortgage loan stands as a smart choice for many. For instance, Bajaj Finance offers …

Finance India Tax Loans Interest Hindustan Times Rates

3 months, 2 weeks ago

Is ₹1.25 crore enough to buy a house in India, enquires NRI on Reddit

Hindustan Times

A 29-year-old non-resident Indian is seeking suggestions on Reddit with regards to a city for relocation upon his/her return to India. Bengaluru, Gurugram, Mumbai too expensive, enquires NRI on Reddit “Is 1.25 cr enough to settle in India? According to local brokers, with as much as a ₹1 crore budget, homebuyers can only purchase a compact 1 BHK, spanning around …

India Bengaluru Mumbai Kolkata City Reddit Crore

3 months, 3 weeks ago

India's Housing Market Sees Demand For Homes With Rent Between Rs 20K-30K Soar: Study

ABP News

Indians are increasingly demanding for rental units in the range of Rs 20,000 to Rs 30,000 per month, a latest study revealed. The rent range of Rs 10,000 to Rs 20,000 was the second highest in demand at 22 per cent in the domestic housing market. Meanwhile, Delhi saw individuals preferring units with a rent range of Rs 50,000 to …

India Market Supply Units Demand Cent Range

3 months, 4 weeks ago

Naidu aims to complete 20 lakh homes for homeless

Deccan Chronicle

VIJAYAWADA: Chief Minister Nara Chandrababu Naidu is targeting to build a house for every homeless poor in Andhra Pradesh. The chief minister has asked the housing department to work dedicatedly to reach the target of 1.55 lakh houses in the next hundred days and the annual target of seven lakh houses this year. These apart, 87,648 houses would be constructed …

Houses House Cent District Target Naidu Lakh Homes

4 months ago

Simplify Home Loan Repayments with an EMI Calculator

Hindustan Times

Imagine this: You have finally found your dream home, and the excitement of owning a place you can call your own is palpable. The home loans offered by Bajaj Housing Finance are designed to cater to a wide range of financial needs, providing competitive interest rates and a long repayment tenure to suit different budgets. Additionally, Bajaj Housing Finance Home …

Finance Housing Financial Loan Hindustan Times Bajaj Emi

4 months, 1 week ago

Housing Board May Turn Saviour for Middle Classes in Telangana

Deccan Chronicle

Hyderabad: The skyrocketing prices of land has made owning a house a pipedream for most people from the middle class. However, this aspiring section of society could find a saviour in the Telangana Housing Board which has over 703.36 acres of land bank, 573.16 acres of it in Hyderabad’s immediate neighbour Rangareddy district. Dr Parupally Anjaneyulu, senior research associate at …

Land Crore Middle Classes Housing Board

4 months, 1 week ago

Rs 1.2 crore loan to pay with no work: 'Taarak Mehta' fame Gurucharan on 'failure'

India Today

Actor Gurucharan Singh is searching for work in the industry. Singh talked to Siddharth Kanan in an interview and said he wants to take care of his parents and pay his debts, but he has no means to do that. I also want to earn money to manage my expenses, take care of my mother and pay off my debts. …

Money Pay Singh Gurucharan My Debt

4 months, 1 week ago

Home Loan Interest Rates Comparison: SBI, PNB, ICICI Bank & HDFC Bank, Check Details Here

News 18

Home Loan Interest Rate Comparison 2024: Navigating the home loan market can be challenging, especially with interest rates that can fluctuate and significantly affect your long-term financial plans. Home Loan Interest Rate Comparison Below is the list of floating interest rates of various banks; SBI Home Loan Interest Rates The State Bank of India offers multiple options for home loans. …

Bank Loans Loan Interest Rates Interest Rate Rates

4 months, 2 weeks ago

Housing sales across top 7 cities expected to witness double digit growth in 2024-2025: ICRA

Hindustan Times

Presenting a stable outlook for the residential real estate sector in financial year 2024-25, credit rating agency ICRA Limited on August 7 said that housing sales across the country’s top cities - Mumbai Metropolitan Region, National Capital Region, Bengaluru, Hyderabad, Pune, Kolkata and Chennai - are expected to witness double digit growth in 2024-2025. Housing sales across top 7 cities …

Bengaluru Housing Cities Sales Reddy Housing Sales Expected

4 months, 2 weeks ago

Hyderabad Homebuyers Drive ₹58,841 Crore Market in H1 2024

The Hindu

During the first half of 2024, Hyderabad homebuyers bought 38,660 properties for Rs. Locality Wise Share by Hyderabad Homebuyers: In North West Hyderabad consisting of Serilingampally, Kukatpally, and Patancheru, 25,909 units worth ₹36,276 crores were bought by Hyderabad Homebuyers. Out of the total Hyderabad Homebuyers, South West Hyderabad region covering Mehdipatnam, Rajendra Nagar and Shamshabad sold 4,957 units accounting for …

Hyderabad Homebuyers Units Crore Crores Sold Square Foot

4 months, 3 weeks ago

Millennial Homebuyer Trends-2024

The Hindu

In 2024, Millennial homebuyer trends will have a big influence on the real estate market in India. The Challenges Millennial Homebuyer Faces Buying a Home: Despite their strong inclination to purchase houses, millennial homebuyers confront specific demanding circumstances including excessive student debt, growing home charges, and stricter mortgage arrangements. Some millennials also look forward to authority- Investment vs. Lifestyle Choices: …

Technology Homes Millennials Homebuyers Options Smart Home Loan

4 months, 3 weeks ago

Eliminating Indexation Benefits Hits India's High-End Real Estate

Deccan Chronicle

Chennai: The elimination of indexation benefits will mainly hit the high-end property segment in real estate as the annual returns in the segment hover around 10 -11 per cent. While the long-term capital gains tax rate has been reduced to 12.5 per cent from 20 per cent, due to the removal of indexation, properties with an annual rate of appreciation …

Real Estate Cent Indexation Properties

4 months, 3 weeks ago

‘Andhra’s debt rose to over ₹9 lakh crore’: Naidu in white paper

Hindustan Times

Telugu Desam Party president and Andhra Pradesh chief minister N Chandrababu Naidu on Friday alleged that the state’s economy had witnessed a sharp fall in the growth rate from 13.5% to 10.5% during the five-year regime of the previous YSR Congress Party government, resulting in a loss of revenue up to ₹6.94 lakh crore. The chief minister said the state’s …

State Crore Lakh Naidu

5 months ago

Rs 2 lakh crore for five years to incentivize companies to create new jobs, skill youth

Deccan Chronicle

Chennai: Having understood that unemployment and skill gap are major pain points for the economy, the Budget announced a few schemes for a total outlay of Rs 2 lakh crore for five years. Another employer-focused scheme for all sectors is for all additional employment within a salary of Rs 1 lakh per month. The government will reimburse employers up to …

Employment Crore Cent Lakh Five Years Scheme Epfo

5 months ago

Budget 2024: 5 Things the real estate sector looks forward to from the finance minister

Hindustan Times

Budget 2024 will be presented by Finance Minister Nirmala Sitharaman today and the real estate sector hopes that the government will focus on affordable and middle income housing in the Budget. The real estate sector hopes that the government will push for affordable and middle income housing in Budget 2024. The government should raise the deduction limit for interest payment …

Finance India Tax Land Estate Real Lakh

5 months ago

Cheap, sustainable homes must amid demand boom: Eco Survey

Hindustan Times

New Delhi: The 2023-24 Economic Survey, tabled in Parliament on Monday, called for adaptive strategies and policies to provide cost-effective and sustainable housing. The survey said the real estate sector witnessed “a robust recovery” post-pandemic, with the sale of residential real estate in 2023 recording a 33% year-on-year growth, the highest since 2013. The strong desire for home ownership was …

India Urban Cities Survey Eco

How to Achieve Homeownership in India: A Step-by-Step Guide

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