Hike carpet area under PMAY.!

Hike carpet area under PMAY.! Under the PMAY-U scheme, the interest subsidy will be provided on loans for construction/ acquisition of house with carpet area of up to 120 square metres, against the earlier threshold of 90 square metres. For MIG-II category, the area has been…

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The Advantages of a Pre-Approved Housing Loan..!

The Advantages of a Pre-Approved Home Loan - by Mr. Kishor Pate, CMD – Amit Enterprises Housing Ltd. A self-owned home is the dream of every Indian, and all of us want to see ourselves being able to go in for it one day. When that day comes, the last thing we want is any reas…

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Loan deals for your festive purchase

Loan deals  for your  festive purchase As on  October 2016

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Above 3.9 lac Home Loan Accounts were opened in Jan. - March of 2015..!

There has been significant increase in housing loans & credit cards in 2015 January-March this year, according to Credit Information Bureau (India) Ltd. (CIBIL) Disclosing credit trends at a press conference here on June19, 2015, Ms. Harshala Chandorkar, Senior Vice Pres…

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Income Tax Implications of Buying Second Home with a Housing Loan

By Ms. Surabhi Marwah, EY Buying a second home financed with a bank loan can be an attractive investment.  However, before you proceed, here are a few income tax implications that you must consider. If an individual holds more than one property in his/her name, only one suc…

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Plan for a Healthier New Year .!

by Arun Thukral, M.D, CIBIL For several people, the New Year signifies a fresh start. It could be the year that everything goes right. But, to help things go in the preferred direction it is wise to take some steps in advance. The following are a few tips for financial planni…

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