Gaurav Mohta, chief marketing officer, Home First Finance Company, answers home loan queries.
'We started affordable housing loans that has good traction and the books have grown to Rs 750 crore as of the end of last quarter.'
Kerala's Chief Minister Pinarayi Vijayan has condemned the alleged suicide of a BDS student following accusations of caste-based harassment. An investigation has been launched, and support pledged to the victim's family.
If you opt for a term-life cover, buy separate policies to cover the loan for all the co-borrowers in a home loan for a sum assured equal to the home loan amount.
A home loan is a long-term contract, so do shop around before signing on the dotted line, advises Sarbajeet K Sen.
The alleged suicide of a first-year BDS student in Kerala has sparked outrage and prompted investigations into claims of caste-based harassment. The Chief Minister has condemned the incident, and various organisations are offering support to the student's family and calling for measures to prevent future occurrences.
A Delhi court has ordered the framing of charges against directors of Three C Shelters Pvt Ltd in connection with the stalled Greenopolis housing project in Gurugram, citing a prima facie case of cheating, forgery, and criminal conspiracy for allegedly misleading homebuyers.
rediffGURU Kanchan Rai, a mind coach and founder of Let Us Talk Foundation, suggests how to adapt and find a middle ground in a relationship.
Credit outstanding to the housing sector rose by nearly Rs 10 lakh crore in the last two fiscals to reach a record Rs 27.23 lakh crore in March this year, according to RBI's data on 'Sectoral Deployment of Bank Credit'. Experts from banking and real estate sectors attributed this growth in housing credit outstanding to a strong revival in the residential property market post-COVID pandemic on pent-up demand. According to the data of the Reserve Bank of India (RBI) on sectoral deployment of bank credit for March 2024, the credit outstanding to the housing (including priority sector housing') stood at Rs 27,22,720 crore in March 2024, up from Rs 19,88,532 crore in March 2023, and Rs 17,26,697 crore in March 2022.
When you take a home loan, what are the tax benefits that you can avail of? Read on to find out more about taxation and home loans.
Trinamool Congress leader Derek O'Brien has criticised Prime Minister Narendra Modi's promise of a 'white paper' on corruption in West Bengal, highlighting instances of opposition leaders joining the BJP and allegedly receiving leniency in corruption investigations.
Ask rediffGURU and PF expert Nitin Narkhede your mutual fund and personal finance-related questions.
A balance transfer to another lender entails substantial cost and time.
Ask rediffGURU Reetika Sharma your insurance, mutual fund and personal finance-related questions.
Maharashtra minister Chandrashekhar Bawankule denies allegations of owning hundreds of acres of land and announces a defamation suit. He also addresses concerns about housing irregularities and farm loan waivers.
Despite rising interest rates, leading home loan players SBI and HDFC have announced discounted interest rates beginning at 8.40 per cent as part of their festive offerings. SBI in a statement said that its home loan book has topped the Rs 6 lakh crore mark, a first in the industry. The leading lender said it is offering up to 25 bps discount on interest rate to new home loan borrowers, making the entry level rate at 8.40 per cent and the offer will run up to January 31, 2023.
The RBI's decision to hike the benchmark interest rate will make home loans costlier and affect housing sales, especially in affordable and mid-income segments, according to property consultants. The RBI on Wednesday hiked the key benchmark rate by 50 basis points. Property consultancy firms Anarock, Knight Frank India, JLL India, Colliers India, India Sotheby's International Realty and Investors Clinic said that the RBI's move was on the expected line to control inflation and this would result in an increase in interest rates on home loans.
Drop us a mail at getahead@rediff.co.in and our expert, Harsh Roongta, will answer your home loan queries.
Buyers should understand the distinction between the losses the policy covers, those that need add-ons, and those it excludes.
If you have availed a home loan from an NBFC, you can shift your existing home loan to a bank and benefit from the MCLR regime, suggests Ratan Choudhary, head - home loans, Paisabazaar.com.
A six-point checklist to follow when lenders reject your home loan application.
Senior BJP leader Smriti Irani has criticised the TMC government in West Bengal, alleging corruption and failure to ensure women's safety. She promised a monthly cash support of Rs 3,000 for every woman if the BJP is voted to power.
Police in Jajpur, Odisha, have arrested five individuals, including a woman and her lover, in connection with the murder of her husband. The investigation revealed a complex web of relationships, leading to a planned execution.
'Opt for this facility only after doing a cost-benefit analysis: Will the savings in interest cost by parking your surpluses in the home loan overdraft account outweigh the higher interest cost of this loan?'
Lenders have lined up a number of home loan products that can fit every aspirant's annual income.
Lenders have lined up a number of home loan products that can fit every aspirant's annual income.
Home purchase affordability has improved in the first half of calendar year (CY) 2025, after the RBI reduced the repo rate by 100 basis points (bps), according to real estate consultancy Knight Frank India.
'All terrorists are a blot on humanity.' 'No religion in the world teaches you to take the life of an innocent person.' 'Kashmiris have always been known for their hospitality. One moment of darkness cannot erase Kashmiriyat.'
For India, much is at stake: Crucial energy supplies traversing the Strait of Hormuz, the fate of its 10 million citizens living and working in West Asia -- who send generous remittances home -- and its major trade links with the region.
AICC general secretary Sachin Pilot has accused Kerala Chief Minister Pinarayi Vijayan of following similar political approaches to Prime Minister Narendra Modi, alleging a tacit understanding between the CPI(M) and the BJP in Kerala.
Improved credit profile may make you eligible to transfer your existing home loan to another lender at a much lower rate.
Just in case you have surplus funds and are thinking about it, here are some pros and cons you must know...
A man in Meerut, India, allegedly staged the kidnapping of his 15-year-old son and demanded a ransom to pay off debts accumulated through online gaming. He has been arrested and the boy is safe.
How will the Reserve Bank of India's credit policy affect your loans? Will banks now charge you less interest?
Shrugging off concerns over the depreciation of rupee, the RBI has cut interest rate by 25 basis points to 5.25 per cent in a bid to further bolster economic growth, which rose to a six-quarter high of 8.2 per cent in the second quarter of the current financial year.
One of the major decisions revolving around purchasing a home is the type of home loan you should take. Primarily, you have to make a choice between two basic types of loans -- fixed rate home loans and floating rate home loans.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances