The Pradhan Mantri Awas Yojana scheme falls short of covering the risk of death or disability of the borrower as the loans sanctioned under it do not have an in-built insurance provision. With COVID-19 pandemic hitting lives and livelihoods, it is important to consider relaunching the Pradhan Mantri Awas Yojana (PMAY) scheme with an in-built…

When the equity markets are performing well and interest rates are low, and you have surplus money in hand, you may wonder whether you should go for investments or prepay a home loan you may have availed. According to industry estimates, the average repayment tenure of home loans is around eight years, which means most…

The key demand drivers — such as low home loan rates and income tax sops, particularly for affordable housing — that supported the recovery in H2 FY2021, remain in place and will spur recovery again, feel experts. After the second wave of Covid-19 hit residential sales by an estimated 50 per cent in April and…

The delay in implementation of RERA by some states also means that the benefit of the law is not available to home buyers in those states. By Mani Gupta and Santosh Pandey The 5th anniversary of the introduction of Real Estate (Regulation and Development) Act, 2016 is an opportune moment to assess whether, and to…