Luxury homes appreciated 40% across the top seven cities since 2022, and affordable housing appreciated by just 26% during the same period, ANAROCK India, a real estate consultancy firm, said in a report released on November 26. The highest appreciation in the luxury housing segment was reported in the Delhi NCR region, followed by the […]
Tariq Ahmed, CEO (West) of Prestige Estates, said he conducts temperature checks on their customers, which showcases a positive momentum. “Homebuyers, from those willing to take a ₹1 crore apartment to those willing to take a ₹100 crore apartment, are willing to take long-term home loans over five years, which suggests a high level of […]
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 […]
Rajesh Desai, an NRI, purchased an apartment in Bengaluru for ₹1.5 crore. He complied with Foreign Exchange Management Act (FEMA) rules by making payments through his Non-Resident External (NRE) account. Since the transaction involved a resident seller and exceeded ₹50 lakh, 1% Tax Deducted at Source (TDS) was deducted. RBI approval was not required, as […]
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 […]
Seema and Rajiv Mathur, a Dual-income, no-kids (DINK) couple in New Delhi, are both working professionals. Despite their high dual income, they prefer to rent rather than buy property. They value mobility and freedom. They also invest their savings in mutual funds and Systematic Investment Plans (SIPs). They simply avoid the big financial and emotional […]
A 27-year-old tech professional in Bengaluru recently took to Reddit to share his struggles with the city’s real estate market. Despite earning ₹1.9 lakh a month and saving nearly ₹1.5 lakh after expenses, he said buying a home in Bengaluru seems impossible.’ With 3BHK apartments now priced between ₹1.8 crore and ₹2.2 crore, he calculated […]
India’s housing market has once again become the centre of a discussion, with Reddit users weighing in on whether property prices are truly in bubble territory or simply reflecting long-term growth. From rising affordability concerns to arguments over cyclical downturns, the discussion captured a growing divide between those who see real estate as a resilient, […]
(Bloomberg) — Singapore’s new private home sales fell in September as developers held back on major project releases during a traditionally quiet period. Singapore’s home sales declined in September as developers delayed major project launches during a typically slow season. (Picture for representational purposes only) (Pexels) Developers sold about 255 units in the month, according […]
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 […]
