Harshil Mehta

Articles By Harshil Mehta

19 Articles

Home Finance: Need to change your lender? Opt for home loan balance transfer

Home loan repayment is categorised into repayment of principal amount and the interest on the home loan.

Money News

Home Finance: You can’t get PMAY subsidy if you are demolishing your old house and building a new one

My brother lives in a 30-year-old house which he bought 10 years ago with his wife as co-owner and co-borrower.

finance, money, cash News

Home Finance: Spouse can’t get Pradhan Mantri Awas Yojana subsidy if you have taken the subsidy earlier

PMAY subsidy is applicable for first-time home buyers, who will be the end users.

narendra modi, pmayg, Pradhan Mantri Awas Yojana, modi government scheme, PMAY, pmayg narendra modi, pmay g scheme, pmay g 2018, pmay g target, zareena bibi, jammu kashmir pmay g News

Home Loan and Finance: If you keep 30-year period, PMAY subsidy will be only for 20 years

PMAY-Gramin is applicable for benefi-ciaries in rural areas for self-construction of pucca houses.

Home loan, home Finance, PMAY, PMAY MIG 2 News

Home Loan query: Eligibility depends on income and repayment record

The home loan eligibility will be based on your income and repayment track record.

Home Loan query, home loan enquiry, news on home loan, home loan for small property, bank loan tips News

No PMAY interest subsidy if family member has house

For availing the PMAY benefits, the household or beneficiary’s family should not own a pucca house anywhere in India.

cash, money News

Your queries: Above 50 and want a home loan? Get a young co-applicant

You can avail a joint home loan with a younger family member that will help increase eligibility, tenure, tax benefits and lower the Equated Monthly Instalments.

home loan, home loan above 50, housing loan News

Be cautious while taking a balance transfer decision

While most lenders offer floating Rate of Interest (ROI), a few lenders offer fixed ROI. A Fixed ROI is constant for a period or throughout the home loan tenure.

home finance, balance transfer, housing loan News

Want to take a joint home loan? Keep this fact in mind

Usually lending institutions give an option to take a joint home loan with as many as six co-applicants and minimum two co-applicants which includes his/her spouse, parents and siblings.

home loan, joint home loan, money, personal finance, Marginal Cost of Lending Rate, interest rate News

Home loan: The earlier you prepay, the more you save

For a second home loan the amount granted to you will depend on your monthly income along with assessment of your other financial obligations.

loan, home loan, construction, construction sector News

Home Finance Query: Why joint applicant’s name should be on property deed to avail tax benefit

Joint applicant’s name should be on property deed to avail of tax benefit

Home Finance Query, joint applicant, tax benefit, EMI, financial institution, EMI amount, how to finance home News

Budget 2018 and affordable housing: For homebuyers here is what has really happened

Budget 2018: Housing finance is perceived to be the third most impactful industry contributing significantly to the economy and with tremendous future potential. It is the second-largest loan portfolio for NBFCs and an import

Budget 2018: Arun Jaitley presented union budget on feb 1 News

Affordable housing: How Modi government’s initiatives like Credit Linked Subsidy Scheme, RERA will help 1st time home buyers

The government’s initiatives like Credit Linked Subsidy Scheme and Rera will help first-time home buyers and create demand for affordable housing.

Affordable housing, Modi government, Modi government initiative, Credit Linked Subsidy Scheme, rera  News

Buying a house? Here is how to get credit linked subsidy under PMAY

Owning a house is one of the most important dreams one has and a home loan helps people realise it.

PMAY, real estate sector News

Buying property? Here’s how RERA will stop diversion of money from a specific project

The Real Estate (Regulation & Development) Act (RERA) which came into effect on May 1, 2017 is a significant initiative that reflects the government’s commitment to bring greater momentum to India’s real estate industry.

Money News

Home loans: How low-interest rate regime impacts you; 3 points to know

WITH low interest rates likely to continue for some time, people need to understand various aspects of their home loans.

Money News

Home loans in 2017: Housing finance firms will lend more to lower middle income customers

India’s housing finance sector has remained relatively underpenetrated compared to its peers as evident by its low mortgage-to-GDP ratio (9% as on March 2015), compared to its regional peers (17% for Thailand, 20% for China

Banking & Finance News

Second home loan tax benefits

A second home loan may seem daunting, but if implemented correctly, can lead to a great deal of savings on income tax

Money News

BUDGET 2016: Raise priority sector cap to Rs 35 lakhs

In the backdrop of Housing for All by 2022, there are several moves that the Finance Minister, Arun Jaitley can consider for the housing sector.

Budget 2016, budget 2016 date, budget 2016 india, budget 2016 highlights, budget 2016 expectations, budget 2016 expectations india, Budget news, Budget latest news, budget 2016 summary, budget 2016-17 expectations, Budget expectations, budget session 2016, Union Budget 2016-17, Arun Jaitley, arun jaitley budget, arun jaitley budget 2016, arun jaitley budget news, latest business news, business news
Income Tax Calculator, Budget 2019, How to Calculate Income Tax


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