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Carpet, Built-Up & Super Built-Up Area: Key Differences

HeroHousingFinance 13 hours ago in Finance 0

Understanding carpet area, built-up area, and super built-up areas is crucial when buying a property. Carpet area is the net usable space inside a home. Built-up area includes carpet area plus external walls and balconies. Super built-up area adds shared spaces like lobbies and staircases. Always compare these before purchasing. Website URL: https://www.herohousingfinance.com/blog/introduction-to-property-buying/carpet-area-vs-built-up-area-vs-super-built-up-area

Home Loan for Under-Construction Property: Key Things to Know

HeroHousingFinance 14 hours ago in Finance 0

Know the Key Factors for Home Loans on Under-Construction Properties. Buying an under-construction property requires careful planning. Choose a lender who evaluates legality, understand the phased loan disbursement, negotiate terms, and consider pre-approved loans. Track construction progress, assess tax benefits, and evaluate location, quality, and payment plans before investing. Website URL: https://www.herohousingfinance.com/blog/introduction-to-property-buying/home-loan-for-under-construction-property

Plot vs Flat: Which is the Better Real Estate Investment?

HeroHousingFinance 14 hours ago in Finance 0

Which is the Better Investment : Plot vs Flat? Choosing between a plot or a flat depends on cost, returns, income, and flexibility. Plots offer long-term appreciation but need development, while flats provide rental income and quicker possession. Consider location, financing, and legal factors before investing to maximize returns. Website URL: https://www.herohousingfinance.com/blog/introduction-to-property-buying/plot-vs-flat-for-investment

Why Opt for Home Loan Refinance?

HeroHousingFinance 2 days ago in Finance 0

Home loan refinancing lets you replace an existing mortgage with better terms, lower interest rates, or reduced EMIs. It offers financial flexibility, improved service, and access to additional funds. However, refinancing may not be ideal if it incurs higher costs or extends tenure unnecessarily. Website URL: https://www.herohousingfinance.com/blog/introduction-to-property-buying/home-loan-refinance

Home Loans for Under-Construction Properties: Key Insights

HeroHousingFinance 2 days ago in Finance 0

When opting for a home loan for under-construction property, key factors include loan type (self-construction, plot + construction, or renovation), builder credibility, lender property analysis, construction monitoring, and disbursement process. Benefits include customization, phased interest payments, and future expansion flexibility. Website URL: https://www.herohousingfinance.com/blog/introduction-to-property-buying/consideration-for-home-loan-for-under-construction-property

Understanding Base Rate: Calculation, Impact & Key Factors

HeroHousingFinance 2 days ago in Finance 0

The base rate is the minimum lending rate set by the RBI, influencing loan and deposit interest rates. It is affected by policy rates, inflation, liquidity, and economic conditions. Banks calculate it based on operating costs, cost of funds, and regulatory guidelines. Website URL: https://www.herohousingfinance.com/blog/introduction-to-property-buying/base-rate-and-its-calculation

Joint vs. Individual Home Loans: Pros, Cons & Tax Benefits

HeroHousingFinance 5 days ago in Finance 0

Joint vs. Individual Home Loans: Joint home loans offer higher eligibility, shared repayment, and tax benefits, while individual loans provide full ownership and financial independence. Choose based on income, need, and relationship stability. Compare both to find the best fit for you. Website URL: https://www.herohousingfinance.com/blog/introduction-to-property-buying/joint-home-loans-vs-individual-loans

Digital Tools to Simplify Your Home Loan Application

HeroHousingFinance 5 days ago in Finance 0

Digital tools simplify home loan applications, making the process faster and stress-free. Key tools include eligibility calculators, EMI calculators, amortization schedules, and prepayment calculators. These tools help borrowers plan finances, estimate payments, and explore loan options with ease. Website URL: https://www.herohousingfinance.com/blog/introduction-to-property-buying/home-loan-process-with-digital-tools

होम लोन लेते समय ब्याज दर के साथ इन बातों का रखें ध्यान

HeroHousingFinance 5 days ago in Finance 0

होम लोन लेते समय इन बातों का रखें ध्यान। होम लोन लेते समय सिर्फ ब्याज दर ही नहीं, लोन अवधि, पूर्वभुगतान विकल्प, शुल्क, दस्तावेज़ और उधार राशि जैसे कारकों पर भी ध्यान दें ताकि वित्तीय बोझ न बढ़े। Website URL: https://www.herohousingfinance.com/blog/introduction-to-property-buying/home-loan-ke-liye-zaroori-jankari