Finance in real estate sector
The real estate sector in India has seen an immense growth in the past few years and so has the mortgage loans. The finance and the growth of real estate sector go hand in hand. The mortgage loans play and important role as this provides the required finance to the customer at the time of purchase of the property. The best thing is that this loan can be repaid through easy EMIs over a period of time.
The banks and financial institutions provide loans to all categories of people including salaried individuals, self-employed individuals, partnerships and even NRIs. The loan processing and disbursement is done subsequent to required documentation and credit verification. For the safety of their funds banks do the borrower's credit verification by way of checking his or her credit history for other banking products like personal loans, credit cards payment etc. The banks and financial institutions not only provide loans to purchase a property but they also extend professional services through their specialized functions. These services assist in real estate transactions which includes whole range of activities like buying, selling valuation, leasing, property search etc. to provide optimum investment solutions.
According to industry experts the boom in the real estate sector is here to stay. The need of the hour is to organize the real estate sector and make the transactions more transparent. This would help to infuse the confidence in people and will result in more investments. There is a huge potential demand in commercial, residential, industrial sector in India. The demand in the commercial sector is lead by the space requirement of the booming Information & technology and IT-enabled services. The Business Process Outsourcing (BPO) industry has not only created employment opportunities in India but has also provided a boost to real estate business.
In the current scenario, investment in real estate is a far more lucrative proposition as compared to other investment options like stocks, fixed deposits, mutual funds etc. Efficient online banking facility provided by various banks has also allowed Non-Resident Indians (NRIs) to make investment in real estate sector of India.
The real estate boom is clearly a sign of economic growth and motivation to achieve more landmarks in future.
Nathen Jones, an expert in mortgage loans is an associate editor for www.mortgagenloans.com. The website is an online portal for providing services related to mortgage loans, equity loans and loan calculators. Send your feedback and views at nathen.jones81@gmail.com.
Related Tags: real estate, credit cards, mortgage loans
Your Article Search Directory : Find in Articles
Recent articles in this category:
- 5 Reasons to Buy Jasper Real Estate
Jasper is a small town in North Georgia and it is growing rapidly. Since North Georgia Foreclosures - Ellijay Real Estate
Ellijay Georgia has always been known for it's outdoor activities and seasonal festivals. Downtown E - How to Deal With Blocked Drains
A blocked drain is an occurrence that happens eventually to all households. You may have experienced - The Benefits of Hiring a Plumbing Consultant
Your dream home may not always be brand new, with fresh paint and home essentials. There are certain - The Worst Mistake You Can Make When You Apply to Rent a Home
A whole new class of people has become renters and potential renters in America during the last thre - State of Individual Real Estate Markets
Everybody is well aware of the hit that the real estate market has taken over the past three years. - Thoughts on Avoiding the Landlord Trap
I've heard several people say they would never invest in a multifamily rental property because they - An Idea to Increase the Bottom Line of Your Investment Property
Are you pretty sure that you've already maximized the income coming from your property? If you've cl - Finding the Value of a Piece of Investment Real Estate
There is a lot of confusion about how much investment property is really worth. We'll look at three - Arkansas Land For Sale - Search Engine Optimization and Your Website
If you have Arkansas land for sale and are interested in advertising it on your website I have a few
Most viewed articles in this category:
- How High Did Home Prices Really Go
The U.S. Census Bureau released data on Tuesday that revealed where the nation's hottest markets wer - New Homeowners Tips for Household Safety
With so many items on their ¡°buying a home¡± checklist, few homeowners take into considerati - Truth About VA Foreclosures
Many people now days are finding themselves out of work and not being able to make the mortgage paym - Avoid Rookie Real Estate Investing Mistakes
When Robert Kiyosaki, author of the Rich Dad book series, bought his first property he was, of cours - Finding The Perfect Roommate On Craigslist
Craigslist, Roommates, and The Concerns Craigslist is "great" when it comes to looking for housing - The Forgotten Secret To Selling Property - Simple, Quick And Cheap
Why spend big dollars trying to get people to drive a long way to see your house, when your best pro - Get Amazing Results Selling Real Estate Online
This is the age of the internet. Why not take advantage of the widespread use of the internet to ad - Dallas Real Estate Information
In the United States, Dallas is considered as the second leading state according to the area. If any - The Largest Private Equity Indian Real Estate Deal
In the largest private equity deal won by the real estate sector, Morgan Stanley Real Estate has inv - Fractional Real Estate Ownership
Fractional ownership of vacation ski condos is growing in popularity. Park City Utah a popular ski t
