Why Renting a Property in India Seems Cheaper but is Actually Expensive
After marriage, like most young couples, Manas and Charu had dreams of having a home they could call their ‘own’. Manas had just changed jobs and Charu had started her design firm recently. They couldn’t afford to buy a home right away. So renting a property was the first thing that crossed their mind. After…
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Factors to Remember While Deciding Your Home Loan Tenure
Selecting the bank, interest rate, and the loan repayment period are critical aspects while considering a home loan. The tenure is a vital part because the absolute cost of ownership depends on it. In plain words, the home loan tenure determines the total sum you have to shell out for owning the property. Principal plus interest…
What To Consider While Preparing For Home Loan Repayment
When Aniket, a 35-year old IT professional, started planning to buy a home, he knew would have to apply for a loan. However, after spending some time researching the home loan market, he was not so confident if he really wanted to borrow from the bank. The loan interests were high and he feared the…
Does the MCLR Rate Hike by Banks Signal Higher Interest Rate Regime?
Kolkata-based businessman Akash needed a home loan but the recent move by the State Bank of India — the nation’s largest bank — has made him anxious about the idea of applying for a bank loan. Not just Akash, loan borrowers all over the country are worried about the possibility of home loan rates going…
The 42 — the Pinnacle of Luxury Living at the Centre of Kolkata
“I am the monarch of what I survey”, wrote William Cowper a long time ago. Today I rise sky high above all that is ordinary in Kolkata. I am the tallest, the most extravagant symbol of the new emerging Kolkata. I am The 42. There is no way you can ignore me if you are…
Kolkata Retail Growth is Changing the Livability Quotient of Many Areas
“We recently bought a flat in Kasba…just 5 mins away from Acropolis mall” — Abir told his work buddies at the office pool table. And, one could easily sense a considerable hint of pride when he said so. Had anyone mentioned Kasba as their new address even a decade back, they would have probably met…
The Rise and Rise of Indian Logistics Infrastructure
Indian logistics infrastructure was unorganised and fragmented for a long time. Interestingly it is a business which is under massive reorganisation to serve the ever-increasing need of the modern businesses. Also being touted as the country’s ‘sunshine industry’, the Indian logistics sector is readying itself to move from its present unorganized, fragmented business model to…
How Recent Policy Initiatives Can Boost Affordable Housing in Kolkata
It’s that time of the year again when everyone in India — from the common man to the industrialist — waits with certain hopes and some deal of anxiety for the Union Budget to unfold. While this year’s budget was centred on agriculture, it has some pretty good news for the real estate sector. In…
Rise in Demand for Office Spaces in Hyderabad and Its Implications
From being just another Tier-II city, Hyderabad has emerged as one of India’s fastest growing real estate markets over the last few years. In fact, the City of Pearls — as it’s famously known as — is beating other top-tier cities like Delhi, Chennai, and Bengaluru in corporate real estate growth. A key factor driving…