Home Loan Archive

Project Completion Certificate
March 24, 2023

In the real-estate sector, completion of the project is a significant achievement, whether it’s a residential building, commercial space or any other infrastructure. The project is considered complete only after obtaining the Project Completion Certificate (PCC). It is a crucial document that certifies the completion of a project in compliance…
Conveyance Deed: Definition, Purpose, and Important Considerations
March 14, 2023

A conveyance deed is a legal document that transfers property ownership from one person or entity to another. This document is an essential part of buying or selling a property. The conveyance deed contains details about the property, such as its location, boundaries, and description. It also includes the names…
Commencement Certificate for Construction Project
March 14, 2023

A Commencement Certificate is a legal document that a local government or municipal corporation issues granting permission for the commencement of construction of a building or a project. It is sometimes referred to as a Building Commencement Certificate (BCC) or a Construction Commencement Certificate (CCC). The Commencement Certificate serves as…
Government Housing Scheme in India
February 23, 2023

The Government of India has launched several housing schemes to provide affordable housing solutions to the economically weaker sections of society. These initiatives have been introduced to address the growing housing shortage and improve the standard of living for individuals and families in need of adequate housing. The schemes offer…
Home Loans for Rural Areas in India
February 15, 2023

Assuring affordable housing for all is a goal of the Indian government made attainable by home loans for rural areas. These loans have unique characteristics including zero to extremely low processing fees, open eligibility requirements, and minimum paperwork requirements. Maximum repayment terms of up to 30 years are available, with…
Home Loan Brokers: Find the Best Mortgage for Your Dream Home
February 06, 2023

Every borrower wants to unlock a great deal on their home loan, whether trying to buy their first house, their next piece of real estate or refinance their existing home loan. Access to the right tools and obtaining support from the right people can make a huge impact, regardless of…
Pradhan Mantri Awas Yojana | PM Awas Yojana 2024:25
February 03, 2023

In the latest update made by Finance Minister in the Union Budget 2024-25, Pradhan Mantri Awas Yojana received a major boost in fund assistance to 66%. This translates to the scheme receiving INR 79,000 Crores. Additionally, as per officials, Pradhan Mantri Awas Yojana, which was initially aimed at providing housing…
Plot Loan for Land Purchase
January 12, 2023

Banks and financial institutions offer a plot loan to individuals looking to purchase a piece of land for personal or commercial use. These loans are typically used to purchase land for house building or investment purposes. The loan amount is disbursed to the borrower in a single lump sum and…
Stamp Duty and Registration Charges
December 12, 2022

Owning a house is a dream for many, and equally dreadful is the legal proceeding behind it. A home buyer can only become a true possessor of their property after they have gone through the registration process of their ownership. And just to get to that point, there are many…
Real Estate Regulatory Authority (RERA)
October 31, 2022

Fraud, misguidance, and misrepresentation have become common traits in every sector and real estate is no exception. Several buyers have filed complaints against the developers in the past decade looting them and not delivering the projects on time. Various real estate fraud cases, money laundering, false promises, etc., came to…