“What are the additional charges when buying a house?”, asked one of our readers. So, we thought of writing a detailed post on the topic and clearing the doubt once and for all. All of us want to buy a house or invest in property at some point in our lives. Isn’t it? Once you […]
17 Additional Charges When Buying a House Read More »
OK. You want to sell your property. You have done the market study, set the price, started advertising, engaged a broker and made all paperwork ready. But are you aware of tax implications that arise from any profit or loss that you will make on your investment. Many sellers ignore such tax implications which may
Capital Gain Tax on Sale of Property – The Complete GUIDE Read More »
Renovating a house can put financial strain on your pocket. To ease off such a pressure, you can take home improvement loan, also called as house renovation loan. Most people do not know that they can avail tax benefit on home improvement loan. In this article, we will tell you all about renovation loan and
Home Improvement Loan Tax Benefit Guide Read More »
If you want to buy a house, you can either go for an under construction or ready to move property. Both have their merits and demerits. Many people prefer to buy an under construction property simply because they are much cheaper as compared to a ready to move-in property and have much easier payment plans.
Income Tax Rebate on Home Loan for Under Construction Property Read More »
India is currently witnessing lot of changes not just in economic terms but also in the way society functions. Earlier, in joint families parents could depend on their children for their medical and other financial needs. But in today’s world, young people are working across geographies and many old people are staying alone. They have
Reverse Mortgage – Guide on Reverse Mortgage Loan Scheme Read More »
Typically when you apply for a home loan, you will be offered another product known as home loan insurance bundled with the home loan. Sometimes, the home loan insurance is made mandatory by the bank which means if you take home loan from that particular Bank, you have to necessarily take the home loan insurance.
Home Loan Insurance – Is it best option to insure home loan? Read More »
Out of fixed or floating interest rate which is better? This is a dilemma that almost everyone goes through while seeking a home loan. So, how do we choose between a fixed and floating interest rate? The answer may seem a cliché, but it depends on market conditions and your personal choice.Let us analyze which
Fixed or Floating Interest Rate Which is Better? Read More »
What is Builder Floor Apartment? A Builder Floor Apartment is an independent floor unit in a low rise building, with or without common facilities. In other words, it is a section of the villa building. Generally, builder floor apartments are built on smaller plots in plotted residential colonies by local builders. Builder floors offer more
What is Builder Floor Apartment & Multistorey Apartment? Read More »
Sachin Bansal, a Banker based out of Delhi, had booked a flat in Gurgaon in a promising project that was to be delivered in 3 years. Two years have passed and the construction has not even started. Now he is worried that if the same situation continues, the project will not be delivered even in
Flat Possession – Tips to handle DELAY in possession of flat Read More »
Over the years, home loan procedure has gone through tremendous change with increasing competition among public and private Banks and Housing Finance Corporations. Many lenders may offer you freebies and entice you to take home loan from them. However, you should be aware of theirs tactics. You will be better prepared to handle your home
Home Loan Procedure | How to get Home Loan? | Process Read More »