Neha Kumari, a 34-year-old HR professional in Hyderabad, booked a ₹1 crore apartment with a 25% down payment and took a home loan for the remaining amount. While the EMI fits within her monthly budget, it leaves limited room for discretionary spending. She has maintained a small emergency fund and plans to restart her systematic […]
Real estate experts have suggested that Budget 2026 introduce a housing credit passport, a consent-based digital snapshot of a home loan borrower’s financial profile. They say it could significantly cut loan approval timelines and improve ease of doing business in the housing sector Real estate experts have suggested that Budget 2026 introduce a housing credit […]
Improved infrastructure connectivity, expanding employment hubs and a steady supply of mid-income housing are shifting homeownership demand away from core metro cities towards Tier-2 and Tier-3 markets such as Chandigarh, Jaipur, Surat, Madurai and Palwal. These cities recorded an 81% year-on-year growth in home loan volumes in 2025, outpacing the 52% growth seen in Tier-1 […]
Rohit Nag, 34, based in Kolkata, has a home loan of ₹40 lakh. As the financial year-end approached, he wanted to maximise his tax benefits under Sections 80C and 24(b). He made a partial prepayment of ₹2 lakh, calculated to fully utilise the remaining interest deduction under Section 24(b), allowing him to claim the maximum […]
Planning to buy a house in 2026? Before finalising an apartment purchase, ensure your credit profile is healthy and, ideally, that previous loans have been fully paid off to improve your chances of securing a lower rate. Planning to buy a home in 2026? Keep your credit score above 750 to secure the best loan […]
The year 2025 has been favourable for real estate from a taxation perspective. Simplified capital gains rules and streamlined GST have brought greater clarity for homebuyers, prompting even fence-sitters to consider making a purchase. Here’s a closer look. Simplified capital gains rules and streamlined GST brought greater clarity for homebuyers in 2025, (Representational Image) (Pexels […]
Rohan and Meera from Bengaluru bought a flat together in 2018. The property was registered 50–50, and both paid the EMIs, although Rohan contributed a little more. After they separated in 2024, Rohan wanted his name removed from the joint home loan, but the bank refused because Meera did not earn enough to take over […]
Clearing a huge home loan might seem impossible, but one techie has shown it can be done and shared some hard-learned lessons along the way. Techie revealed that mental pressure of repaying a home loan.(Pexels/Representational Image) A Reddit post revealed that the techie’s home loan journey started in September 2019, with a ₹53 lakh home […]
Missed the festive offers this Diwali? Don’t worry, it’s never too late to plan your home purchase. Festive deals can be attractive, but buying a home should align with financial preparedness not seasonal discounts. Rohan Jha, a 32-year-old marketing executive in Mumbai, is following a six-month roadmap to successfully buy his first home. He had […]
Pune-based software professional Rohit Deshmukh wanted to renovate his 10-year-old apartment ahead of Diwali, so he opted for a top-up loan. This is because he did not want to dip into his savings, and personal loan interest rates were very high. Top-up home loans are now being approved much faster in today’s digital lending ecosystem […]