January 25, 2023
What is a Mutation Certificate? Mutation of a property is the process of transferring the property ownership to the new owner of the property. This is called ???Dakhil-Kharij??? in Hindi. A mutation certificate is not considered a legal document but it will be helpful to you during the sale or transfer of the property. Mutation […]
January 24, 2023
What is Joint Property Ownership? Joint Property Ownership is when two or more people unite for the ownership of the same property.?? And kind of property owned by two or more parties is defined as joint-owned property. Whereas, these parties can be business partners or other types of people with the similar intention of owning […]
January 24, 2023
Bank Vs HFC for Home Loan Comparison Despite what the general public believes, HFCs (housing finance companies) are subject to regulation.?? They operate under a National Housing Board (NHB) license and offer house loans in accordance with NHB regulations.?? The RBI, on the other hand, oversees the regulation of Banks.?? The decision between Bank vs […]
January 23, 2023
What is Home Loan Tenure? The term “Tenure” of a loan refers to the length of time it will take to pay back in full.?? The maximum loan term is determined by a number of variables, such as age, the amount of time until retirement, monthly expenses, monthly income, etc.?? The maximum house loan term […]
January 21, 2023
What is Maharashtra Rent Control Act 1999? The Maharashtra Rent Control Act 1999 combines the law related to renting, repair work of premises, encouraging new house construction, and related aspects of it. The Act aims to regulate rent, repairs, and eviction while also ensuring a fair return to landlords. It further works to reduce disputes […]
January 20, 2023
APF Number Meaning The Approved Project Financial (APF) is the number issued by banks or financial institutions to the builders of a building, or house, or project. APF number is a sign of approval from the bank about their project, proposal, paperwork, documentation, loan sanctions, etc. Why is APF Number Important? The bank feels secure […]
January 19, 2023
Home Loan Prepayment The home loan prepayment option helps loan borrowers to repay the home loan before the completion of the loan tenure.?? The home loan prepayment is also possible as a part or full prepayment. The main factors to look up to before deciding on home loan prepayment are Need of Funds Before opting […]
January 18, 2023
The Pradhan Mantri Awas Yojana was launched in 2015 with the goal of giving all of the nation’s poor urban & rural residents low-cost, high-quality residences. It has helped a large number of citizens. One such program has offered homes to many citizens, but it’s only accessible to Maharashtrians. The Mumbai Board’s MHADA lottery for […]
January 18, 2023
Pune Ring Road Project Features Total Length 173 km Main Carriageway 6-lane / 8-lane access-controlled Service Road?? 2 service lanes included Railway Over Bridge 4 Flyovers 14 multi-level interchanges Tunnels 8 Tunnels (Total 11.29 km) Major Bridges 4 major bridges (+18 multi-span viaducts) Minor Bridges 14 subway/underpass roads Estimated Project Cost Rs. 42,000 crores Pune […]
January 18, 2023
In Navi Mumbai’s Ulwe node, Taloja, Panvel, Kharghar and Juinagar the CIDCO is providing more than 7800 homes. The deadline for CIDCO Lottery has been extended as a result of the homebuyers’ enthusiastic response to the mass housing scheme. Check out the article to learn about CIDCO Lottery 2023 scheme, the last date of registration […]