Why is now the best time for you to buy your ‘Dream Home using the cheapest home loan available?
It was decided during the Reserve Bank of India (RBI) Monetary Policy Committee (MPC) meeting held on April 5th, 2024 to keep the repo rate unchanged at 6.5%. This was done for the seventh consecutive time by India’s Central Bank. Similar to the US Fed, the RBI also decided to keep the repo rate unchanged. […]
Home Loans show a change in value from affordable to higher value in Mumbai
There are indications that the growth in home loans in mumbai is moving from low-cost properties to higher-priced properties. From Rs 20.2 lakh in FY20 to Rs 24.7 lakh in FY23, the average size of home loans has grown by 22%. Home loan originations are shifting, both in terms of volume and value, from the […]