3 BHK Flats for sale in Lower Parel Mumbai

BKC will not remain 'just a commercial hub' but is fast emerging as a residential hotspot.

Taking a home loan is a long-term commitment, and it can create a lot of burden for the borrower if it is not planned carefully. The amount runs into several lakhs, and the duration can be as long as 20 years. That is why even a slight rejig can result in big savings; all you need is access to the right information. Here goes a quick snapshot for you.

When the plan gets implemented, all stations would have elevated decks to give more space to passengers. These decks would have ticket-booking offices, foot-over-bridges and skywalks, leading to the platforms. At present, only the Andheri and the Goregaon stations have elevated decks.

Since RBI has waived prepayment penalty on floating rate home loans, this can be a good time for homebuyers who want to get rid of their mortgage as soon as possible. Borrowers can also tweak their EMI structure and make partial payment of your loan to save money in the long run.

Retail loans in India witnessed a 16 per cent rise between the financial year 2013 and 2017, a duration when total loan growth stood at nine per cent. Of the total retail loans, nearly half were housing loans, followed by auto and education loans. Two states that made the highest contribution to the rising number of retail loans were Maharashtra and Gujarat, owing to growing income levels.