What do You Need to Know of NTR Housing Scheme in AP?

With an objective to offer affordable housing to the residents of Andhra Pradesh, the state government of AP launched the NTR housing scheme in 2016.

This ‘housing for all’ scheme comes under PMAY compliance and caters to the economically underprivileged for both rural and urban areas of Andhra Pradesh.

Here is everything you need to know of the NTR housing scheme in Andhra Pradesh. Following the suit of Pradhan Mantri Awas Yojana, NTR housing scheme aims to –
-> Facilitate affordable housing to the homeless.
-> Provide budget-friendly reconstruction of the existing homes.

Continue reading “What do You Need to Know of NTR Housing Scheme in AP?”
Advertisements

Why is a Loan Against Property Better than an Education Loan?

Education loans are unsecured advances that do not require pledging any collateral. If you are considering how to apply for education loan, you can approach any leading financial institution or NBFC. Here the credit amount can range from Rs. 20 Lakh to Rs. 25 Lakh.

Now, if the borrower’s credit requirement is much higher, he/she can opt for a loan against property. This credit facility requires you to pledge any of your assets as collateral. Depending on the LTV (loan to value) ratio, a loan against property for education can fetch you a handsome sum of up to Rs. 3.5 Crore.

Now, that you know what is education loan is and how it differs from a loan against property, take a look at why the latter proves advantageous.

Continue reading “Why is a Loan Against Property Better than an Education Loan?”

What does Pradhan Mantri Awas Yojana have to offer?

In a bid to make housing affordable for all economic strata of the society, the Government of India launched the flagship program Pradhan Mantri Awas Yojana (PMAY) as ‘housing for all’ scheme. This flagship housing scheme offers – (A) Interest subsidies One of the significant benefits of PMAY is its subsidies on home loan interest rate. EWS and LIG families can receive subsidies up to … Continue reading What does Pradhan Mantri Awas Yojana have to offer?

Two Best Funding Options: Business Loan and Line of Credit

If you are looking for financing options, both business loans and lines of credit can be beneficial depending on the circumstances. In case of a business loan, you obtain a lump sum which you are required to repay within a pre-set tenor with fixed monthly pay-outs.  Obtaining a line of credit provides you with revolving access to funds which can withdraw and repay within a … Continue reading Two Best Funding Options: Business Loan and Line of Credit

A Comprehensive Guide About Destination Wedding In India

A typical Indian wedding can go for five long days, with variety of different rituals performed on each day, followed by the main wedding events and then the reception party. Following the modern trend, the Indian culture is gradually absorbing the knick-knacks of the western culture. So, apart from the traditional rituals, brides and grooms are now engaging themselves in pre-wedding parties and events like … Continue reading A Comprehensive Guide About Destination Wedding In India

PMAY— The Easiest Way To Avail Affordable Homes

It definitely won’t be wrong to consider the PMAY as the easiest and most convenient option to procure affordable homes in the country. While the Pradhan Mantri Awas Yojna is more of a flagship plan to provide cost-effective lodging options for every individual, the existing pradhan mantri awas yojana list makes sure that the by 2022, almost 22 million households catering to the weaker sections … Continue reading PMAY— The Easiest Way To Avail Affordable Homes

What You Must Know About The Focus Of MahaRERA?

As per the Real Estate Act 2016, every developers and builder must follow certain guidelines and rules in favour of the home buyers. This has been done to protect the interests of the buyers and also to boost the real estate sector. Under the RERA act different states has to follow the policies regarding the real estate projects. One such state is Maharashtra and their … Continue reading What You Must Know About The Focus Of MahaRERA?

All The Major Key Features and Benefits of PMAY Subsidy Scheme

Owning a home is still a dream of millions in India. The Government of the country fully recognises this aspiration of common people and has hence launched the Pradhan Mantri Awas Yojana scheme. Through the scheme, the government aims to provide affordable housing to poor people of India in rural as well as urban areas. The Government of the country will be delivering around 20 … Continue reading All The Major Key Features and Benefits of PMAY Subsidy Scheme

Know More About Fixed And Floating Interest Rate Loans

All banks and financial institutions will charge a certain interest rate on a loan amount that the borrowers take, which is their share of profit for the money and services they provide. For instance, when you choose to take a home loan, the interest rates for it may start at around 9%. The borrower repays the loan amount along with the interest charged on it. … Continue reading Know More About Fixed And Floating Interest Rate Loans

Underrated Home Loan Aspects that are Often Ignored: Consider these while Applying

While a house loan is probably the easiest way to get started in regard to purchasing one’s dream house, there are a few particulars that need to be considered before sending across the all-important application. That said, there are many companies which offer home loans at highly competitive rates but more often than not, they levy a host of hidden charges on certain applications. In … Continue reading Underrated Home Loan Aspects that are Often Ignored: Consider these while Applying