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.
80 per cent online realty business from 25-40 year olds
While the demand for residential and retail properties is growing at the rate of 30 per cent and 20 per cent respectively; the online demand for lease rentals for office space is growing at the rate of 40 percent.Apnaloan.com Research Bureau
10 Oct 2007
Online realty transactions are gaining popularity in India, with those in the 25-40 age group now contributing to 80 per cent of business.
While the demand for residential and retail properties is growing at the rate of 30 per cent and 20 per cent respectively; the online demand for lease rentals for office space is growing at the rate of 40 percent.
According to the industry experts, by the end of 2009, the contribution of online sales will account for 50-60 per cent of commercial properties, 50 per cent for residential and 40 per cent for retail properties.
Indiaproperties.com, a realty portal had online deals worth Rs 16 crore in 2006 and is currently in talks with developers such as Puravankara in Bangalore, Golden Gate in Hyderabad and Doshi Housing in Chennai for direct marketing activities online, according to media reports.
Hirco Plc, an arm of the Niranjan Hiranandani group has joined indiaproperties.com to undertake online direct marketing of properties in Chennai. Hirco will be developing properties, including townships, in Pune, Bangalore and Thane.
Reliance Retail had also implemented an online model for acquiring retail space, eliminating agents.