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Among the most expected factor for home buyers, this budget 2023 would be the increase in deduction limit for interest payments and principal amount on home loans especially to spur demand in a rising interest rates scenario. ....
Speaking about the impact of rate hikes on home loans and the real estate sector in general, Atul Monga, Founder and CEO, BASIC Home Loan said, "The home loan/real estate sector is an important part of the Indian economy and is facing some challenging times due to the rising interest rates. To foster growth in the sector, lenders need to offer competitive loan products with sensible pricing and attractive repayment terms. aaa ....
While things are easier for a salaried person, a self-employed person needs to consider a lot of things before applying for a home loan. Here are things you need to know. ....