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Home Money Finance

Good news for home buyers! Getting a Home Loan at a Cheap Rate

Bhagyashree Soni by Bhagyashree Soni
October 6, 2020
in Finance, Real Estate
0
HLPP or Term Plan – Which is Best if You Have a Home Loan?
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  • Property Investment Plans: Decline in the number of property buyers due to Corona epidemic, the effect from July to September
  • The interest rate on home loan is less than 7 percent at the moment, so investing in property can be a profitable deal.

Property Investment Plans

new Delhi. If you are planning to buy a house, shop or any other property, then this time is best for you. Because of Festive Season Offers where many big banks are providing loans at cheap rates. So there are attractive offers to woo customers. Not only this, property rates have also come down these days due to Corona period. In such a situation, you can bargain the benefits cheaply. So we will tell you what are the benefits of investing in property at this time.

Want to get loan restructured, first know these important things

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Getting a loan at a cheaper rate

Economic growth has reduced due to Coronavirus Pandemic. Due to the reduced credit growth of banks, they are offering attractive offers to customers. Home loan interest rates are below 7 percent. In such a situation, you can get a home loan at a cheaper rate. Apart from this, many banks are offering different offers due to the festive season. Most banks are proceeding with the loan process without processing fees. Therefore, you can get an advantage by purchasing a property at this time.

ICICI Bank launches special festive bonanza, many will also be available on loan

Developers are offering discounts

Property prices have declined since the epidemic. In such a situation, to sell the property, the housing developers are giving various discounts, so that the customers show interest in buying a house or shop. Many big real estate companies are offering 10 to 15 percent discount. Therefore, investing in property at this time will reduce the burden on your pocket. According to a report, property purchases in the top seven cities of India declined by 46% during the July-September quarter.

With the home loan, the right insurance is also necessary for the home, these things while choosing

Registration exemption too

Real estate is suffering a lot due to the fall in property buying and selling. In such a situation, the government has also come forward to improve the situation. In other states including Madhya Pradesh, Maharashtra and Karnataka, the government has announced exemption of two to three percent in the registration fee. By which people buy a property.

These banks are planning to buy a home loan, so the interest rates of these banks

Source: www.patrika.com

#Good #news #home #buyers #Home #Loan #Cheap #Rate

Tags: bank offers in festivalBuying houseFinance newsFinance news NewsFinance news News in Hindihome loan discouts for womenlow interest loanprofit in property investmentpropertyproperty investment
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Bhagyashree Soni

Bhagyashree Soni

Bhagyashree Soni is a software engineer with soft writing skills. She is a degree holder from the International School of Entrepreneurial Leadership. She has been a state-level badminton champion and chess player. A woman with a forthright attitude enjoys her writing passion as her chosen career. Writing in the context of feminism, social-cause and entreprenurship is her forte.

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