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  Real estate investment was the most profit yielding investments today. The potential investment return for real estate investor is extremely high because real estate value does not typically decrease. Property investment was one of the best and easier real estate investment you can make. Property investment make you be the owner for a real property rather than you putting money in a landlord's pocket every month.

Buying or building your own home is without a doubt one of the most important steps in our lives that we wish to accomplish as soon as possible. The one difficulty lies in the fact that not of us are financially prepared to take the step any sooner than we can.

Home loan sector in India is the pi-vital role player in the growth of the real estate scenario in India. With tax incentives given to the housing finance sector in the annual budget of 2001, transactions related to buying and selling of residential properties increased considerably and was much higher as compared to previous years.

Fortunately today, things have changed and home loans have made it possible for thousands of Indians to afford their dream homes without waiting for years. And if you too are looking to move into your dream home as soon s possible, financial help is close to your hand. There are thousands of home loan companies waiting to provide financial help. Once you’ve made up your mind, it is time to analyse the home trends, market rates and the efficiency of different banks in home – financing.

Since the new class of buyers are relatively younger set of customers who are more aware about legal documentation and approvals, buyers are now more 'end-users' rather than investors; the property market in India undergoes transformation to align itself with global standards with an increased emphasis on quality & cost control and documentation methods. In the current economy of India, the real estate sector has the maximum propensity to generate income and demand for materials, equipment and services. It can be said that housing finance companies were formed for co-existing with buyer's requirements of housing loans for investing in properties. Home loans are made available by financial institutions to both Indian and NRI customers at floating and fixed rate of interest and also at attractive EMI options.
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For construction or buying a new home
For home repairs and renovations
For purchase of plots
Against mortgage of property
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Besides home loans, Commercial property loans are also available and different financial institutions in India provide commercial loans at different rates and different upper limits.

Real estate loans are available to builders, promoters and real estate developers. The experience and financial standing of the builders is taken into account before the loan is granted which is to be returned with the minimum installments.

Today, the amount of money that a city dweller spends on rent is roughly the same, or only slightly less than the amount he pays as an EMI on a housing loan. Earlier the home loan sector in India was solely dependent on nationalized and public sector banks, but the entry of public sector banks into the housing finance business marked the beginning of the first round of interest rate cuts. And this reduction in interest rates has enhanced the borrowing power of customers.

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Whether you what to start the journey of building your own house, move into a new apartment or invest in property, there are a few essential points to be kept in mind while making your decision. Things to consider:

Almost all the major banks in the country offer easy home loans options with competitive rates and special schemes. Find out in detail about different options available; this will involve in measuring different schemes against your budget constraints, value of the house you intend to purchase and of course, interest rates.
Banks these days offer customised solutions to suit individual requirements of the buyers. You can include a co- applicant in order to club incomes and ease your home loan repayment. Make sure that the bank you chose offers home loans in a way that it offers flexibility, maximum tax benefits and customized EMIs as per your repayment capacities
It is equally important to find out in detail the company’s loan procedure, quality of services offered and safe possession of the title deed of the property deposited as a security for the housing loan, on completion of the tenure.
Home insurance is a long term commitment, so it is important to safeguard yourself against uncertainties. Ensure that the bank you choose offers insurance cover.
In the end, buying a home is an emotional milestone we all seek to achieve sooner or later. Opting for a home loan in this case should be a well thought and carefully evaluated decision to facilitate an easy and convenient journey ahead. There’s nothing more valuable than the joy of possessing a house of your own. A well considered home loan can bring this happiness to your doorstep, sooner than you can imagine.
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The realty boom in India has given a new dimension to the finance sector in India - both in Home Loans and Home Insurance segments. This has not only given a competitive edge to the finance companies to provide attractive options to customers but has also contributed to the increased investments in the real estate sector. This has resulted in 13 new institutions foraying into the housing finance business in the last three years.
 
     
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