Consultation India - Pune, Mumbai Real Estate/ Properties Investment, Property Management Services

What are the key clauses in a loan agreement, which a home-buyer should keep in mind? AMIT SETHI Home buying has become easier nowadays. With just a small amount as down payment, the rest of your property cost can be arranged through a home loan. Getting a home loan is easy, but have you read the fine print on the home loan agreement? If not, then you may be missing out important clauses of the loan agreement, which, if invoked, can land you into trouble. “While taking a home loan, most buyers focus only on basic factors such as interest rate, down payment and EMI. The buyer pays scant attention to the loan agreement, which is often relegated as a legal formality to be signed in a hurry. However, a home loan is a major financial decision, the impact of which plays out over a long period of time. This agreement is binding on the customer during the entire tenure of the loan. It is therefore necessary to be aware about the important clauses in your loan agreement,” explains

Delays, Lack Of Transparency Were Hurdles Nisha.Nambiar Pune: After years of indecisiveness, the implementation of MahaRERA has helped Qatar-based Shibu and Josy Thomas make up their mind to invest in a realty project in Baner. With Josy’s parents from Pune, the couple have been looking to invest in a project here for the last few years. “We always wanted a home in the city, our birthplace. We will finally have an investment in the realty sector and can do it with confidence,” Josy said. Another US-based couple, who did not wish to be named, said they have asked their relatives to look for investment in the real estate segment here. “My sister-inlaw, who would hesitate to invest in Pune till the other day, has asked us to be on the look out for RERA-registered projects,” said M Rao, whose brother and sister-in-law are in the US. Non-resident Indians have been traditionally attracted to investments in the real estate sector because of currency exchange rate and easy laws for