Benefits of Applying Online
When Banks Compete, you win.
Apply for a Home Loan at ApnaPaisa and we will match your requirements with the best offers from our network of over 400 service providers. We will get a maximum of five providers to compete for your business. WHEN BANKS COMPETE YOU WIN. You can then decide which home loan is best for you based on:
- Lowest Interest Rate
- Lowest EMI
- No Pre-payment charges
- Lowest Processing Fees
- Maximum Eligible Loan Amount
- Mandatory Documents Required
- Lowest Processing Fees
Or any other factor that is important to you.
Negotiating Tips
1) If you have a good credit record and your income is sufficient to justify the loan you can negotiate on interest rates. You can also try and get Processing fees or legal or valuation fees reduced or completely waived.
2) If you go for a floating rate loan then pre-payment charges are not payable.
3) When interest rates are high and are expected to go down you should go in for a floating rate loan as it makes no sense to lock into high fixed rates or the so called Dual rate loans where rates remain fixed for a couple of years before shifting to regular floating rate loans. Please review this decision at least once every 6 months
4) Take term insurance and critical illness and accidental disability policy for the full loan amount to make sure you or your loved ones don't have to worry about loan repayment should you die or are disabled due to a critical illness or accident. You cannot be forced to buy this policy from the insurance company chosen by the lender - you should choose your own insurer.
Dharavi redevelopment attracts leading developers
Maharashtra government's plans to redevelop Dharavi slums, Asia's largest slums which occupies 535 acres land between Mumbai's suburbs of Sion and Kurla on one side and Bandra on the other side, has attracted major national and international builderApnaloan.com Research Bureau
10 Aug 2007
The Maharashtra government's plan to redevelop
Dharavi, Asia's largest slum which occupies 535 acres land between Sion and
Kurla on one side and Bandra on the other side, has attracted major national and
international builders.
Many big developers such as DLF, Housing
Development and Infrastructure (HDIL), Hiranandani Construction, Kalptaru
Properties, Trinity Capitals LLC, Lokhandwala Group, Reliance Anil Dhirubhai
Ambani Group and others have shown interest in the project.
The agenda of the Maharashtra government is to
make space in the heart of the city for residential and commercial properties
and to improve the quality of lives of people living in the slums. The
government's plan of redevelopment includes schools, colleges and hospitals.
Developers are attracted to this project because
they have the support of the state government and they have permission to build
additional commercial and residential units in prime areas, in return for
providing free houses for slum dwellers.
Others cities like Bangalore, Kolkata and Chennai
are also developing slums in the footsteps of Mumbai. These projects are being
funded by various banks such as Asian Development Bank and National Housing Bank
and being developed by various builders such as Simplex Infrastructure,
Nagarjuna Constructions and Tantia Constructions.