Hero Housing Finance is a prominent housing finance company operating in India. They specialize These offerings encompass home loans, home improvement loans, in offering a diverse range of home loan products tailored to assist individuals and families in buying, building, or renovating their homes.home construction loans, and balance transfer loans. The company's primary goal is to deliver affordable and easily accessible housing finance solutions, particularly targeting middle and lower income segments.
AnyROR Gujarat is a government portal offering easy online access to land records in urban and rural areas. It helps verify ownership, land details, and legal status, aiding property buyers, owners, and developers with transparent, secure data access. Website URL: https://www.herohousingfinance.com/blog/introduction-to-property-buying/your_guide_to_anyror_gujarat Country List: India
India offers various affordable housing schemes like PMAY, DDA, TNHB, MHADA, and more, aimed at helping EWS, LIG, and MIG groups own homes. These programs provide financial aid, online application options, and prioritize inclusive urban development. Website URL: https://www.herohousingfinance.com/blog/introduction-to-property-buying/affordable-housing-schemes-in-india Country List: India
Understanding carpet area, built-up area, and super built-up areas is crucial when buying a property. Carpet area is the net usable space inside a home. Built-up area includes carpet area plus external walls and balconies. Super built-up area adds shared spaces like lobbies and staircases. Always compare these before purchasing. Website URL: https://www.herohousingfinance.com/blog/introduction-to-property-buying/carpet-area-vs-built-up-area-vs-super-built-up-area Country List: India
Know the Key Factors for Home Loans on Under-Construction Properties. Buying an under-construction property requires careful planning. Choose a lender who evaluates legality, understand the phased loan disbursement, negotiate terms, and consider pre-approved loans. Track construction progress, assess tax benefits, and evaluate location, quality, and payment plans before investing. Website URL: https://www.herohousingfinance.com/blog/introduction-to-property-buying/home-loan-for-under-construction-property Country List: India
Which is the Better Investment : Plot vs Flat? Choosing between a plot or a flat depends on cost, returns, income, and flexibility. Plots offer long-term appreciation but need development, while flats provide rental income and quicker possession. Consider location, financing, and legal factors before investing to maximize returns. Website URL: https://www.herohousingfinance.com/blog/introduction-to-property-buying/plot-vs-flat-for-investment Country List: India
Home loan refinancing lets you replace an existing mortgage with better terms, lower interest rates, or reduced EMIs. It offers financial flexibility, improved service, and access to additional funds. However, refinancing may not be ideal if it incurs higher costs or extends tenure unnecessarily. Website URL: https://www.herohousingfinance.com/blog/introduction-to-property-buying/home-loan-refinance Country List: India
When opting for a home loan for under-construction property, key factors include loan type (self-construction, plot + construction, or renovation), builder credibility, lender property analysis, construction monitoring, and disbursement process. Benefits include customization, phased interest payments, and future expansion flexibility. Website URL: https://www.herohousingfinance.com/blog/introduction-to-property-buying/consideration-for-home-loan-for-under-construction-property Country List: India
The base rate is the minimum lending rate set by the RBI, influencing loan and deposit interest rates. It is affected by policy rates, inflation, liquidity, and economic conditions. Banks calculate it based on operating costs, cost of funds, and regulatory guidelines. Website URL: https://www.herohousingfinance.com/blog/introduction-to-property-buying/base-rate-and-its-calculation Country List: India
Joint vs. Individual Home Loans: Joint home loans offer higher eligibility, shared repayment, and tax benefits, while individual loans provide full ownership and financial independence. Choose based on income, need, and relationship stability. Compare both to find the best fit for you. Website URL: https://www.herohousingfinance.com/blog/introduction-to-property-buying/joint-home-loans-vs-individual-loans Country List: India
Digital tools simplify home loan applications, making the process faster and stress-free. Key tools include eligibility calculators, EMI calculators, amortization schedules, and prepayment calculators. These tools help borrowers plan finances, estimate payments, and explore loan options with ease. Website URL: https://www.herohousingfinance.com/blog/introduction-to-property-buying/home-loan-process-with-digital-tools Country List: India