Untitled

[theswatimishra]

CONCEPT OF HOME LOANS

Home Loan is a Secured loan which is given against offered against a house/property which is funded by the bank’s money, the property could either be personal or a commercial one. The Home Loan is an aid which is availed by a money borrower from the bank by the borrowing party giving the conditional ownership of the property to the bank which can be used to retrieve the loan amount in case of a repayment failure.

There are different types of home loans:  

   1. Home Purchase Loan: The basic type is the home purchase loan which serves the purpose of buying house.

    2.Home development Loan: This type of home loan is for the improvisation or repair of the home

    3.Home migration Loan: It is that type of home loan in which wherein the borrower is already availing a home loan to finance his current home, but now wants to move to another home.

    4.Bridge Loan: This type of loan helps finance the new home of the borrower when he wants to sell the existing home, this is normally a short-term loan

    5.Home Construction Loan: This type of home loan taken when the borrower wants to construct a new home.

[theswatimishra]

Some Unrecognized Benefits Of Using Home Loan EMI Calculator

Home loan EMI calculator has proved to be a boon as it gives clarity to the borrower about his loan repayment. It is freely available on numerous websites and can be used anytime. Some of the unrecognized benefits of the calculator are as follows –

1.       Instant accurate results – While most of us will be scratching our heads by calculating the EMI through a complex formula. On the other hand, Home loan EMI calculator will get you instant and accurate results of monthly installments, interest value and principal value. It has been compared and confirmed that it gives 99 % accurate values.

2.       Helps in managing your EMI – When you have a track of your outstanding amount, monthly installments, you will be able to manage your EMI accordingly for loan repayment.

3.       Check affordability – Before applying for the home loan, you can easily check whether the amount is affordable to you.

[theswatimishra]

Things You Should Remember while Looking for a PG in Ahmedabad

Rent PG in Ahmedabad, Gujarat from Just Rs 999. Find Best Ahmedabad, Gujarat PGs & Co-Living Spaces with amenities like ✓ Food ✓Wifi ✓TV ✓CCTV ✓House Keeping. Visit Housing.com Now!

You ought to be aware of your rights as a tenant or while staying in PG in Ahmedabad. You should have a clear idea about the facilities that should have been in your room. It will help you to stand for yourself when things do not go well. Hence make a checklist of all the basic facilities that should be in your PG room and other complementary services that a tenant is supposed to get in the premises. If you are looking for a shared room, you can ask your friend, colleague, or any other known that also needs a house to stay in. Moving in together with friends in the same house or room will help you to get settled more quickly. Friends and modern amenities will soon make you feel like home even in the rented apartment or in a PG. You can go with your friends to check the property.

[theswatimishra]

Which sector in Noida is best to live?

Noida has grown up so huge and divided into multiple sectors as locations. Usually, it has created confusion in mind of people that which place is best and feasible to live. Sector 62 in the city is known to be well designed and constructed residential areas. You can find best pg in sector 62 Noida and here is why –

There are hundreds of Paying guest in every lane in the sector.

You have so many transportation facilities nearby such as – metro, bus, auto, uber etc.

Some of the famous eateries nearby are – Nirula’s, Zoet desserts etc.

Since there are multiple facilities making sector 62 as prime location, it is a favorable location to live. You will find good pg in sector 62 Noida quickly. You can take help of an agent or online websites sitting at your home. It wont take much time to find one.

[theswatimishra]

Perhaps the best part of living in PG is that it significantly reduces the cost of living for people. As people share most of the amenities so their expenses are divided amongst the residents and everyone gets access to a lot of amenities at a low cost. All the residents of the paying guest accommodation generally share kitchen supplies, laundry services, gaming zones, pool, food, toiletries, media rooms, fitness center, etc.

Living in a pg in Hyderabad can be quite fruitful for young people. Not only it saves money, but also lets you enjoy several benefits and amenities without being responsible for the day-to-day functioning of the household. This way residents get to save the individual expenses that otherwise have to be incurred on each of the amenities. The community of the residents also takes the shared responsibility of maintaining these amenities and everyone gets the fair chance to use them.

[theswatimishra]

Hyderabad is an IT, Education & Sports Hub, attracting job seekers from all across the globe. This compels NRIs and other people to invest in flats for sale in Hyderabad.