Housing loans in India have increased in the past few years. The number of people taking housing loans has increased by 15% in the past year. The average loan size has also increased by 10%.The average loan tenure is 20 years and the Interest rate currently is in the
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2 minutes read
Closing costs in Home Buying
You might have come across the term closing cost when you speak about home buying to your friends, family members, and even your realtor. If you aren’t still unaware of this, closing costs are the costs that are over and above what you pay to the seller when you
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3 minutes read
Buying a Home? Read this first
People buy houses for two primary reasons - to live in, or as an investment. The former are typically known as ‘End users’ and the latter as
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2 minutes read
How Interest rate changes impact your Home Loan EMIs
You have just purchased your dream home. This has been largely enabled by a hefty home loan that you have availed from a top Bank. You have planned your finances meticulously to ensure you can pay the Home Loan EMIs on time and live a comfortable life. A year later,
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2 minutes read
Land Acquisition Models for Residential Development
When I led Land acquisition at Godrej Properties, the joke in my social circles was that I was a goon using muscle power to grab lands from the Farmers! Fortunately, the only muscles we used were the power of the Brand, our balance sheet and our expertise. This is true
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4 minutes read
Know the criteria which Top Developers use to procure land parcels!
Real estate development is unique as every project developed is equivalent to setting up a new business given the complexity and the financial investments which go into it. Land is the first and key raw material and also one of the highest risk components in the entire value chain. Residential
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2 minutes read
The importance of ventilation in homes!
You may not think about it, but the ventilation of a home is one of the most important factors which affects the well-being of its residents. As per the CSIR ( Council of Scientific & Industrial Research) In naturally ventilated buildings, the prime objective is to design free movement of air
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2 minutes read
The importance of a holistic Legal Due Diligence process when you buy a Home!
When buying a property, it’s important to do your due diligence to avoid any unpleasant surprises down the road. While everyone is familiar with Title Due Diligence, there are other aspects in the Legal Due Diligence process which we have outlined below.
Title due diligence is the process of
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2 minutes read
Own a home instead of renting one? 10 Reasons why.
Own or Rent? This is an important question which we keep asking until we buy a home. While renting in India is typically lucrative given the lower rentals, there are many advantages to owning a home. We have listed out the top 10 reasons which might help you take the
