Properties for Sale in Benchmark Property Benchmark Sunshine

Loans sanctioned before March 31, 2016, follow the old pattern of benchmark lending rate unless the borrower decides to switch to the Marginal Cost of Funds-based Lending Rate (MCLR) system. However, to switch, you have to pay a conversion fee to your bank. That is why you need to do a thorough cost analysis before shifting to the new lending benchmark.

In a series of articles, MakaaniQ explains the relevance of numbers with regard to your home.

Awareness about the financial markets can help a borrower bring down substantially the cost of his loan amount. However, one often finds oneself in a situation where one is not sure of the implications of making a new move.

Depending upon the location, rents could be as high as Rs 12 lakh per month. Affordable markets like Kharadi are also luring investors, eying rental markets for handsome rental returns.

While India gears up to achieve its ambitious missions -- Housing For All by 2022 and 100 Smart Cities --- the need of the hour is to not just develop but plan meticulously. MakaaniQ lists five planned cities across the globe that India can take a cue from.