Real Estate News

How will the higher repo rate affect the EMIs on your house loan?

The Reserve Bank of India (RBI) charges a repo rate when lending money to commercial banks. The repo rate influences the interest rate on home loans because it tells banks to boost their interest rates. Equated Monthly Installments (EMIs) for borrowers also rise as the interest rate on house loans does.

Read More “How will the higher repo rate affect the EMIs on your house loan?”

RBI repo rate hikes in 2022-23!

The Reserve Bank of India (RBI) has recently implemented some steps to curb inflation and uphold the nation’s financial stability. The repo rate, which represents the rate at which the central bank loans money to commercial banks, has increased as one such metric. The RBI uses the repo rate as a key instrument to manage the money supply and keep inflation under control. The RBI raised the repo rate many times throughout the fiscal year 2022–2023 to control inflation and preserve financial stability.

Read More “RBI repo rate hikes in 2022-23!”

What is the repo rate?

A repo rate is a tool for monetary policy that central banks employ to manage inflation and manage the flow of money into an economy. It describes the rate at which a central bank makes short-term loans to commercial banks. The repo rate is regulated by the Reserve Bank of India (RBI), which serves as the nation’s central bank.

Read More “What is the repo rate?”

All about the cost of buying a retirement home!

Seniors who want to downsize and simplify their life in their golden years are increasingly choosing retirement homes. It can be challenging to estimate the cost of purchasing a retirement home due to the large range of alternatives and aspects to take into account. To give you a better idea of what to expect, we will examine the various expenditures related to purchasing a retirement home in this post.

Read More “All about the cost of buying a retirement home!”

All to Know About Built-up Area!

The word “built-up area” describes the amount of land that has been completely covered by buildings, structures, pavements, and other man-made structures. It is an important component of urban planning since it has a big impact on the community’s environment, infrastructure, and quality of life. Everything you need to know about built-up regions, from their definition to their effects on society, will be covered in this article.

Read More “All to Know About Built-up Area!”

How can you learn more about your ancestors’ property in India?

In India, “ancestral property” refers to items that have been passed down through a family from one generation to the next. These kinds of properties are frequently important to those who are looking to learn more about their ancestry and regain their lawful ownership. However, due to a lack of adequate paperwork and insufficient records, locating ancestral property information in India can be difficult.

Read More “How can you learn more about your ancestors’ property in India?”

What is Land Patta?

In India, a Land Patta is a legal document that certifies a person’s ownership of a certain plot of land. It is also known as the Land Revenue Record or the Record of Rights (RoR). The Property Patta provides information on the landowner, where the land is located, how big it is, and any other pertinent facts like how it is used, what crops are cultivated there, and how much money is made there. This document is necessary for every land transaction, including purchasing or selling property, borrowing money, and requesting regulatory permission.

Read More “What is Land Patta?”

Demolishing the internal walls in your home?

A great approach to increase space and enhance the flow of natural light in your house is by tearing down the interior walls. Internal wall removal can assist in achieving your goals, whether you want to expand your current rooms or create an open-plan living area.

Read More “Demolishing the internal walls in your home?”

All about security deposits and refund clauses!

Landlords frequently ask renters for a security deposit when renting out a home. A sum of money is paid as a security deposit upfront to indemnify the landlord against any harm the renter causes while the lease is in effect. We will go over everything you need to know about security deposits and return policies in this post.

Read More “All about security deposits and refund clauses!”

All About the Depreciation of Property!

Depreciation is the gradual decline in an asset’s value brought on by damage, obsolescence, or other circumstances. Property depreciation is a decrease in value brought on by these elements. Depreciation of property in India has a big impact on taxpayers since it changes their taxable income and how much tax they have to pay.

Read More “All About the Depreciation of Property!”
Buy and Sell Properties
25k+ Properties
241+ Location
311+ Agents
1Lac+ Customers