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Real Estate Investment Guide

Making an investment in real estate is one of the best ways of making ones future secured. Like every investment, real estate investment also experiences its ups and down. Hence you need to be vigilant when you are about to finalize a deal on the property. Here are certain frequently asked questions that can help you to make an investment without hassle. 1. Home Loan Eligibility Criteria.

  • Salaried Individuals - Individuals in permanent public or private sector fit in Home Loan eligibility criteria. Applicants should be above 21 years of age.
  • Professionals - Professionals (i.e., doctors, engineers, dentists, architects, chartered accountants, cost accountants, company secretary, and management consultants etc.) can apply for a home loan. Individuals above 21 years of age can apply for housing loan.
  • Self Employed Individuals- Any individual filing income tax returns can apply.
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    Real Estate Investment Guide

    Making an investment in real estate is one of the best ways of making ones future secured. Like every investment, real estate investment also experiences its ups and down. Hence you need to be vigilant when you are about to finalize a deal on the property. Here are certain frequently asked questions that can help you to make an investment without hassle.

    1. Home Loan Eligibility Criteria

    • Salaried Individuals - Individuals in permanent public or private sector fit in Home Loan eligibility criteria. Applicants should be above 21 years of age.
    • Professionals - Professionals (i.e., doctors, engineers, dentists, architects, chartered accountants, cost accountants, company secretary, and management consultants etc.) can apply for a home loan. Individuals above 21 years of age can apply for housing loan.
    • Self Employed Individuals- Any individual filing income tax returns can apply.

    2. How to apply for a home loan?

    You have to submit a home loan application along with all the necessary documents as per the bank's requirements. The bank will then verify your documents and let you know whether your home loan application can be approved or not.


    3. What is an EMI?

    The amount that is paid to the bank or any other money lending institution every month until the loan is completely paid. EMI is Equated Monthly Instalment calculated based on the principal amount with compound interest.

    4. What is different rate of interest offered?

    There are two different types of rate of interest offered by banks known as a fixed rate of interest and the other is known as a floating rate. A fixed rate of interest is the rate of interest which remains the same for the entire duration of the loan. The risk is that you will not get the benefit of a lower rate of interest when the rates drop in the market. A floating rate of interest fluctuates as per the market lending rate. Here you have the risk of needing to pay more when the market lending rates go up.

    5. What is present rate of interest for home loan?

    There are two types of rate of interest, Fixed Rate which is 11.75% p.a. and Floating Rate which varies depending upon Loan amount. Base rate for floating rate is 10.00% further 0.75% to 2% will be added as per your loan amount.

    6. How long will it take to get the loan approved?

    Banks normally take 10-15 working days to process your loan application and one more week for disbursing your loan amount.

    7. Is there any security needed for the home loan?

    Generally, banks take the mortgage of the property for which the loan has been sanctioned. If the loan amount is too high, in that case the banks ask for additional security like insurance policy, shares or saving certificates and so on.

    8. Are there any tax benefits for available home loans?

    Yes, anyone who avails home loan is eligible for tax benefit on both principal amount and interest.

    9. What are the different types of home loans?

    There are different types of home loans; each differs with the purpose it is taken for

    • Home Construction loan
      This loan is taken for the construction of a new home.
    • Home Purchase Loan
      Loan taken for buying already constructed homes, residential apartments and so on
    • Home extension Loan
      This loan is taken for expanding or extension work on an existing home.
    • Home Renovation Loan
      The loan can be availed for doing repairs or renovation work on the existing home.
    • NRI Home Loans
      There are special features and tailor made home loans for NRIs who wish to buy a home in India.

NRI Gateway

Being on the wave of growth and opulence, growing number of NRIs or non-resident Indians are planning to buy property in India mainly for investment purpose. Study shows that nearly 49% of non-resident Indians is looking for viable options for property investments at places like Mumbai, Delhi, Pune, Gurgaon, Bangalore, Noida and so on.

Indian metro cities as well as the Tier II cities like Pune witnessed tremendous development and growth over the last few years which has been reflected in robust real estate markets. Pune, Bangalore, Gurgaon and Noida emerged as topmost preferred real estate investment destinations from India, where Pune was a favourite choice of many investors.

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NRI Gateway

Being on the wave of growth and opulence, growing number of NRIs or non-resident Indians are planning to buy property in India mainly for investment purpose. Study shows that nearly 49% of non-resident Indians is looking for viable options for property investments at places like Mumbai, Delhi, Pune, Gurgaon, Bangalore, Noida and so on.

Indian metro cities as well as the Tier II cities like Pune witnessed tremendous development and growth over the last few years which has been reflected in robust real estate markets. Pune, Bangalore, Gurgaon and Noida emerged as topmost preferred real estate investment destinations from India, where Pune was a favourite choice of many investors.


Why Is Pune A Preferred Investment Location?

The transformation of Pune from a quiet town to a bustling metro has been tremendous and that is exactly the reason why NRIs are keen on investing here. Within last few years, the city has seen new heights of investment by NRIs as their favourite destination for settling down and as investment.

The city is constantly succeeding on various fronts; from high-quality education to numerous job opportunities, the right melange of culture and modernity along with best infrastructure development and plush residential properties. The requirements of an ideal living are completely fulfilled through these aspects.

When compared to other cities like Mumbai, Noida, Bangalore, Gurgaon etc, Pune has a right balance of culture, climate and amenities that we all look for when we search for an ideal location to settle down. Apart from this, the real estate growth rate is slightly higher in this city. The development of IT sector, automobile and engineering has given Pune a new cosmopolitan and urban lifestyle attracting more people to the city. Its rich cultural heritage and its pleasant climate have also contributed to Pune becoming one of the much in demand investment destinations by NRIs. These factors have all contributed to the increase in demand and value for the property here.

Additionally, Pune has the added advantage of its closeness to Mumbai – the financial capital of India, as along with which the developmental growth of the city brings increasing number of people every day. With ceaseless demand, developers and builders are introducing state-of-the-art residential and commercial projects in eastern as well as western corridors of Pune like Wakad, Hinjewadi, Hadapsar, Kharadi, Wagholi, Undri etc. Industry experts expect the city to show a robust development in coming years.


Bangalore Also Rules the Investor Priority List

With the Reserve Bank of India granting permission to different financial institutions to sanction home loans and inviting more and more FDI, many people are keen on investing in India. The special NRI quota is also provided by the Government of India to facilitate land deals for them. In fact many special provisions are made to encourage NRI investments and increase the foreign direct investments.

Cities like Bangalore, Pune top the priority list of many investors for putting money in commercial property as well. Commercial properties like shops, showrooms, offices, premium office spaces bring additional short-term and long-term profits in the form of rents and appreciation that the buyer gains down the years. Places in and around Pune, Bangalore are flourishing and investing at these locations can be the most appropriate decision for those who aim for higher returns through real estate investment.


Renewed Interest of NRIs in Indian Real Estate

The growing spotlight on consumers make the builders bring in innovative and attractive projects in residential townships and commercial zones too. Phenomenal transition in Indian realty arena, good consumer-centric projects and rupee depreciation against the US dollar make the NRIs highly interested in real estate investments. They have been looking for properties not only in hometowns but at thriving locations like Pune, Bangalore, Mumbai, Noida and so on. The renewed interest of non-resident Indians boosts the real estate sector in various parts of the nation.

How to Buy

Deciding to buy a property can be one of biggest and the most important decisions in your life. The confusion can be with anything from the location, the type of property – residential or commercial, to the number of bedrooms and so on. The things can get even more complicated when you start applying for property loans in various banks. It is here that we, LearnToBeRich Consulting Company, come into your picture. We help to simplify and ease all your worries related to buying a property. With our online presence, we can provide all the necessary information along with the personal unbiased advice from our experienced real estate professionals who resolve all your problems. We will shorten the buying process of your dream house; making it a sweet treat; all you have to do is to follow these simple steps.

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How to Buy

Deciding to buy a property can be one of biggest and the most important decisions in your life. The confusion can be with anything from the location, the type of property – residential or commercial, to the number of bedrooms and so on. The things can get even more complicated when you start applying for property loans in various banks. It is here that we, LearnToBeRich Consulting Company, come into your picture. We help to simplify and ease all your worries related to buying a property. With our online presence, we can provide all the necessary information along with the personal unbiased advice from our experienced real estate professionals who resolve all your problems. We will shorten the buying process of your dream house; making it a sweet treat; all you have to do is to follow these simple steps.


Step 1: Visit Our Website or Office

We have a huge database of information about the properties from the different builders with the complete information about the location, builder, layout plans, price details, amenities and other specifications for all the properties. Either you can come down to our office or you can also check our website, check the various properties available with us and then discuss it ahead with the property of your choice.
Our real estate agents will also assist you by suggesting the appropriate properties as per your preferences from which you can shortlist property of your choice. LearnToBeRich Consulting Company offers all types of real estate projects including residential apartments, commercial properties, shops, showrooms, offices and so on. Apart from buying properties, we also assist in renting and leasing the properties.


Step 2: Choose Your Property

Once you have checked and compared various properties you can now select the property that suits to your requirements. You can do the selection as per your requirements. Our advisors will also assist you in narrowing down on your preferred properties. Properties can be shortlisted based on the price, location, amenities, facilities and its future prospects as in to stay or rent the property, future sale options of the property and so on.


Step 4: Close the Deal

Now that you have finalised the property you are going to buy, we help you to close the deal by ensuring that all the paper works are done correctly. We can guide you through application form and even assist you in getting home loans from the bank. We also make sure that all the transactions are done including the collection of cheque, handling all the documentation from the builder and providing the same to your door step.

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