Introduction: The Real Estate Regulatory Authority (RERA) Act, enacted in 2016, revolutionized the Indian real estate sector. Aimed at enhancing transparency and safeguarding homebuyers’ interests, this legislation has profoundly influenced the dynamics for home loan borrowers. Dive in as we…
Introduction Owning a home is a dream of many harbors. For first-time home buyers in India, the Pradhan Mantri Awas Yojana (PMAY) has emerged as a beacon of hope. Designed to address the housing shortage and make homeownership more accessible,…
Introduction Owning a house is a cherished dream for many Indians. However, with surging real estate prices, this aspiration often remains elusive for several. Recognizing the challenges, the Indian government has introduced numerous schemes that offer home loan subsidies tailored…
Introduction Buying a home is often considered one of the most significant financial decisions a person will make in their lifetime. Central to this process is understanding the concept of a down payment. A down payment is the initial, upfront…
When considering a home loan, a key factor that can influence your loan application is the role of a co-applicant. But who exactly can be a co-applicant, and what benefits or challenges does this bring? Let’s dive into the specifics.…
