Due to overcrowding of city of Mumbai a need was conceived to develop a an alternative, satellite city near Mumbai. This alternative as a counter-magnet to the problem of office concentration at Southern end of Mumbai, known as new Bombay, has helped the government in reducing the over-concentration of jobs in the main city and […]
Subsidy on home loan is a very important factor for people with small means to own a house of their own. In order to encourage owning of the house common man the government of India had announced “Prime Minister Awas Yojna” (PMAY) scheme under “Housing for all by 2022” mission. In addition to given incentives […]
Maharashtra Housing and Development Authority (MHADA) is a government organisation which was established in 1977 by the government of Maharashtra to undertake the activities related with housing in the state of Maharashtra. Home loan for MHADA flats are available for buying flat on second sale basis as well as for buying flat directly from MHADA. […]
Home loans will help you turn the dream of owning your home into reality. The housing costs are skyrocketing high and no individual would be in a financially strong position to deal in entire cash to buy their home. Definitely, they would be stuck with prior commitments that would leave them with insufficient funds at […]
Taking a home loan and fulfilling your dream to buy a house is really one of the financially brave moves. Hence most of the aspirant spends their extensive time in home loans comparison to get the right loan options. The reason is obvious, the loan borrower has to pay back total loan amount until the […]
IIFL Home Finance Limited is a housing Finance Company promoted by India Info line Limited. In addition to providing home loans it also renders technical and legal services to the home buyers to help them wade through the entire home buying process. Who can apply Any person who has completed 18 years of age and […]
Yes bank is the one of the new age private sector bank growing at phenomenal pace. It started its operation in 2004. It is the only bank which was given the Greenfield banking licence, meaning that it did not have any history in the field, in last twenty years. Type of home loans offered by […]
With the increased prevalence of nuclear family and rapid urbanisation, the demand for housing has been growing significantly. Easier availability of home loan in the last three decades has made it possible to buy a house even by a person at the start of his career. With increased fear of bad loans to corporate many […]
It was a dark September for India’s financial markets when they quaked under the debt repayment defaults by Mumbai-headquartered Infrastructure Leasing & Financial Services Limited (IL&FS) and there were fears that the housing finance sector would be convulsed by a resultant liquidity crunch. The ominous Rs91,000 crore ($12.8 billion) bankruptcy of the country’s leading infrastructure […]
Buying a home is one of the biggest dreams of life. However, due to the spiralling real estate costs, you might not have the necessary funds at your disposal to make the full down payment while buying your dream home. Naturally, you will look for home loans to finance your dream home. Today, there are […]