#Bhai Dooj 2021

[petnews2day]

This Diwali, home loans demand is likely to accelerate despite EMIs getting costlier. Here's why

New Post has been published on https://petnews2day.com/pet-industry-news/pet-financial-news/this-diwali-home-loans-demand-is-likely-to-accelerate-despite-emis-getting-costlier-heres-why/

This Diwali, home loans demand is likely to accelerate despite EMIs getting costlier. Here's why

It needs to be noted that during the festive season, home buyers tend to invest in properties. The upcoming festival is expected to be no different especially currently when the real estate sector has made a strong comeback after the pandemic. Buying affordable homes is likely to pick up momentum. Home loans are one of the mediums for buying a dream house as they eliminate the need for lumpsum cash. Home loans have flexible tenures and reduce the burden of gathering hefty cash to buy houses since you can repay your dues via equated monthly instalments (EMI). Also, there are tax benefits of ₹1.5 lakh applicable on your home loan principal amount under section 80C of IT ACT, among others.

This fiscal year FY23, RBI hiked the repo rate by 190 basis points in the four consecutive policies to 5.9% which forced banks and NBFCs to hike home loan interest rates making EMIs costlier. However, the demand for affordable housing stays robust and the festive season is likely to set a path for strong growth in the sector.

The 5-days Diwali festival will begin on October 22 with Dhanteras followed by Lakshmi Pujan (Main Diwali) on October 24 and to end on October 26 with Bhai Dooj.

According to Sahil Shah – Director, Investments at Certus Capital and Earnnest.me., the real estate sector has made a tremendous comeback after the pandemic. CY2022 is shaping up to be one of the best years for residential sales in almost a decade after prices remained practically flat, in real terms, between 2015 and 2021. Another factor driving people to buy homes is their experience during the lockdown when they were restricted to staying within four walls.

Shah added that “Today, most are looking to buy/upgrade to the best home they can afford. COVID-19 also shifted the focus towards spacious homes, away from densely packed cities. For the more affluent / HNI segment, second homes have emerged as a sought-after option, both from an investment and long-stay use perspective. Finally, there is a certain migration from tier 1 cities to tier 2, as certain sectors embrace, especially tech, embraced remote working.”

Meanwhile, Manish Sheth, MD & CEO, of JM Financial Home Loan believes there are factors that will spark stronger demand for housing loans in the upcoming festive period. He said, “We need to understand that as the Indian economy bounces back above pre-covid levels of activity, the same trend will be seen with consumer spending.”

“We can expect more Indians to be splurging on essentials that will include homes. Homeownership has become a necessity rather than a luxury. If we are to analyse credit growth rates across the different geographies and sectors in India today, it is clear that we are at the start of a long-term upcycle and it seems improbable that demand will wane anytime soon. The monsoon this year has been good and the mood is upbeat among upcountry consumers as well,” Sheth added.

“All these factors will fuel stronger demand growth in housing loans in the upcoming festive period,” JM Financial Home Loan CEO said.

Furthermore, Ravi Subramanian, MD, and CEO of Shriram Housing Finance highlight that the festive cheer is back after 2 years with consumer sentiment being upbeat this festive season. The real estate sector has seen a buoyant demand in the post-pandemic era.

Subramanian said, this trend seems to continue gaining momentum during the upcoming festive season when buyers tend to invest in properties because it is considered to be an auspicious period for home buying. Further, riding on the wave of sustainability and prospective investment, the secondary housing segment has emerged as a sought-after option for buyers. Buyer behaviour across cities have changed and the preference to buying vs renting is a trend we have seen take prominence. Many home buyers due to WFH and flexible working hours have moved to larger premises.

Also, the Shriram Housing Finance CEO added, “We are seeing a consumer shift, where buyers are keen to upgrade from 1 BHK to 2 BHK and 2 BHK to 3 BHK. Further, with flexibility in the place of work, we are also seeing consumers buying or upgrading their residences in their home towns, thus driving up demand in tier 2 and tier 3 cities for affordable home loans in the country. The confidence in future earnings, coupled with the pandemic-induced importance of homeownership, will continue to drive residential sales this festive season in Tier 2/3/4 cities. Shriram Housing Finance is among the top 5 affordable housing finance companies in India and we are expecting demand for affordable home loans this festive season to be 25-30% higher than the last 2 years.”

Here are some of the major banks’ and NBFCs’ home loan rates

SBI home loan rates

SBI is offering a concession of 15 basis points to 20 basis points as a festive campaign offer between October 4, 2022, to January 31, 2023. Under the campaign, the interest rate varies from 8.40% to 9.05%. This is compared to normal interest rates ranging from 8.55% to 9.05% on home loans.

The interest rates are on regular home loans and will depend upon a borrower’s CIBIL score.

ICICI Bank home loan rates

After RBI hiked the repo rate by 50 basis points to 5.9% on September 30th, ICICI Bank followed by increasing its benchmark lending rate.

Currently, a salaried employee at ICICI Bank pays interest rates from 8.60% to 9.35% on home loans up to ₹35 lakh, and from ₹35 lakh to ₹75 lakh. On home loans above ₹75 lakh, the rates vary from 8.60% to 9.45%.

The interest rates are higher by 10 basis points to 15 basis points for home loans to self-employed borrowers.

HDFC home loans interest rates

This NBFC giant offers home loans starting at 8.4% per annum to a maximum of 8.90%. The interest rates are applicable to Home Loans, Balance Transfer Loans, House Renovation, and Home Extensions Loans.

Further, under standard home loans, the NBFC offers 8.60 – 9.10% and 8.65 – 9.15% to women and others on loans up to ₹30 lakh. The rate of interest is between 8.85 – 9.35% for women and 8.90 – 9.40% for others on home loans between ₹30.01 lakh to ₹75 lakh. Meanwhile, on home loans from ₹75.01 lakh and above, the interest rates are 8.95 – 9.45% for women and 9.00 – 9.50% for others.

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[doonitedin]

Sanjay Dutt celebrates Bhai Dooj with sisters Priya, Namrata

Sanjay Dutt celebrates Bhai Dooj with sisters Priya, Namrata

New Delhi: Sanjay Dutt’s sister and ex-member of Parliament Priya Dutt, on Saturday, shared glimpses from their Bhai Dooj celebrations on Saturday. Taking to her Instagram handle, Priya posted pictures in which she can be seen sharing smiles with her brother Sanjay and sister Namrata Dutt. She also added a bunch of brother-sister throwback pictures.   “The bond between a brother and sister is…

[ideamonk]

Bhai Dooj 2021: Shilpa Shetty Shares A Cuteness Overloaded Video Of Son Viaan And Daughter Samisha

Bhai Dooj 2021: Shilpa Shetty Shares A Cuteness Overloaded Video Of Son Viaan And Daughter Samisha

Bhai Dooj 2021: Viaan en Samisha in een still uit de clip van mama Shilpa. (Afbeelding met dank aan: theshilpashetty) Hoogtepunten “De band tussen broers en zussen kan nooit worden verklaard”, schreef Shilpa “Maar het laat me altijd versteld staan!” voegde ze eraan toe: De video toont een twinning van Viaan en Samisha in rood-witte outfits Nieuw-Delhi: Een band tussen broers en zussen “kan…

[breaking-news-portal]

Bhai Dooj 2021: Sara Ali Khan misses brother Ibrahim, Shilpa Shetty shares adorable video of Viaan-Samisha

Bhai Dooj 2021: Sara Ali Khan misses brother Ibrahim, Shilpa Shetty shares adorable video of Viaan-Samisha

Sara Ali Khan treated fans to an adorable photo of brother Ibrahim Ali Khan on the occasion of Bhai Dooj. Sharing the photo, Sara wrote, “Happy Bhai Dooj Iggy Potter. Missing you so much today! PS: You are the only one that can manage to get my attention despite being in the same frame as the moon. Come home soon.” Apart from Sara, many celebrities including Kangana Ranaut, Shilpa Shetty,…

[harpianews]

Bhai Dooj 2021: Sara Ali Khan misses brother Ibrahim, Shilpa Shetty shares adorable video of Viaan-Samisha

Bhai Dooj 2021: Sara Ali Khan misses brother Ibrahim, Shilpa Shetty shares adorable video of Viaan-Samisha

Sara Ali Khan gave fans an adorable picture of Bhai Ibrahim Ali Khan on the occasion of Bhai Dooj. Sharing the photo, Sara wrote, ‘Happy Bhai Dooj Iggy Potter. Missing you a lot today! PS: You are the only one who can manage to get my attention despite being in the same frame as the Moon. come home soon.” Apart from Sara, many celebrities including Kangana Ranaut, Shilpa Shetty, Mandira Bedi and…

[tezlivenews]

Bhai Dooj 2021: एक दूजे पर जान छिड़कते हैं बॉलीवुड के ये सौतेले भाई-बहन, सगे से भी हैं खास

Bhai Dooj 2021: एक दूजे पर जान छिड़कते हैं बॉलीवुड के ये सौतेले भाई-बहन, सगे से भी हैं खास

आज देशभर में भाई दूज (Bhai Dooj 2021) का त्योहार मनाया जा रहा है. भाई-बहनों के खूबसूरत रिश्ते को समर्पित यह त्योहार लोगों के जीवन में खास महत्व रखता है. बॉलीवुड के तमाम सितारें इस त्योहार को खास महत्व देते हैं. बॉलीवुड में कई ऐसे स्टार्स हैं जिनके सौतेले भाई-बहनों के साथ काफी अच्छे रिश्ते हैं. Source link

[ashutentaran]

Happy bhai dooj quotes wishes images hindi – कार्तिक शुक्ल पक्ष की द्वितीया के दिन भाई दूज का त्यौहार मनाया जाता है। इसे यम द्वितीया भी कहते हैं। भाई दूज के मौके पर आप भी अपने भाई – बहनों को Bhai dooj quotes images से शुभकामनाएं भेजें।

[coolnayasaveralove]

Bhai Dooj 2021: भाई दूज कल, जाने शुभ मुहूर्त, पढ़ें इस दिन से जुड़ी मान्यताएं

Bhai Dooj 2021: भाई दूज कल, जाने शुभ मुहूर्त, पढ़ें इस दिन से जुड़ी मान्यताएं

नया सवेरा/राजू श्रीवास्तव, Bhai Dooj 2021: हिंदू धर्म में भाई दूज का विशेष महत्व मना जाता है। पांच दिनों तक चलने वाले दिवाली के त्योहार का समापन भाई दूज के दिन होता है। हिंदू पंचांग के अनुसार, भाई दूज या भैया दूज कार्तिक मास के शुक्ल पक्ष की द्वितीया तिथि को मनाया जाता है। रक्षा बंधन की तरह यह पर्व भी भाई-बहन के प्रति एक-दूसरे के स्नेह को दर्शाता है। भाई दूज 2021 शुभ मुहूर्त- भाई दूज (Bhai Dooj…

[doonitedin]

Shilpa Shetty's daughter Samisha wishes brother Viaan on Bhai Dooj in adorable video! - WATCH

Shilpa Shetty’s daughter Samisha wishes brother Viaan on Bhai Dooj in adorable video! – WATCH

New Delhi: On the festive occasion of Bhai Dooj, actress Shilpa Shetty shared a glimpse of the festival’s celebration at her home between her son Viaan and daughter Samisha and it’s too adorable to miss. The actress shared a video of the two siblings dressed in traditional outfits. Viaan, being the older brother, was trying to pose with little Samisha and teach her how to pronounce ‘Bhai Dooj’.…

[mydietsposts]

Bhai Dooj 2021: Plan Your Festivities With These 7 Recipes That Are Ready Under 30 Minutes

Bhai Dooj 2021: Plan Your Festivities With These 7 Recipes That Are Ready Under 30 Minutes

Bhai Dooj, the festival that celebrates the bond between brothers and sisters, is incomplete without a feast. On this day, sisters prepare a delicious spread for their brothers. Many brothers, too, rustle up something lip-smacking for their sisters. In fact, after the prayers and rituals are complete, the most awaited part of the festival is the variety of dishes on offer. If you are wondering…

[devinjorden]

Bhai Dooj 2021: Date, Timing, Significance, Wishes, Images

Bhai Dooj is another main festival among Hinduism. The Second Lunar Day, according to the “Vikram Samvat Hindu calendar, this day is celebrated every year. Bhai Dooj is also known as Bhai Tika, Yamadvitiya, Bhau Beej among India. It is celebrated 2 days after Diwali with a lot of enthusiasm. This year Bhai Dooj will be celebrated on 6th November.

Read more : Bhai Dooj 202

[harpianews]

Happy Bhai Dooj 2021: Wishes Images, Status, Quotes, WhatsApp Messages, Photos & Greetings

Happy Bhai Dooj 2021: Wishes Images, Status, Quotes, WhatsApp Messages, Photos & Greetings

Happy Bhai Dooj 2021 Wishes Images, Status, Messages, Quotes Photos: Also known as Bhai Phota or Yama Dwitiya, the auspicious festival of Bhai Dooj celebrates the special bond between brothers and sisters. This year Bhai Dooj will be celebrated on 6th November To drink Almanac, ns dwitiya tithi Starts at 11:14 pm on 5th November and ends at 07:44 pm on 6th November. On Bhai Dooj, sisters perform…

[ami-ven]

Happy Bhai Dooj!

[tezlivenews]

Bhai Dooj 2021: बॉलीवुड के इन 8 भाई-बहन के बीच है गजब की बॉन्डिंग, देखें PHOTOS

Bhai Dooj 2021: बॉलीवुड के इन 8 भाई-बहन के बीच है गजब की बॉन्डिंग, देखें PHOTOS

: दिवाली के एक दिन बाद भाई दूज (Bhai Dooj 2021) मनाया जाता है. भाई-बहनों के खूबसूरत रिश्ते को समर्पित यह त्यौहार लोगों के जीवन में खास महत्व रखता है. एकता कपूर (Ekta Kapoor) और तुषार कपूर से लेकर अभिषेक बच्चन (Abhishek Bachchan) और श्वेता तक, तमाम बॉलीवुड के मशहूर भाई-बहन इस त्यौहार को खासा महत्व देते हैं. आइए, इस मौके पर बॉलीवुड के 8 मशहूर भाई-बहनों के खूबसूरत मोमेंट्स को देखें. (फोटो साभारः…

[rnewsworld]

भाई दूज के लिए गिफ्ट आइडियाज: स्मार्ट वॉच या ब्लूटूथ नेक बैंड बढ़िया ऑप्शन, ये रखेंगे हेल्थ से लेकर एंटरटेनमेंट तक का ख्याल

भाई दूज के लिए गिफ्ट आइडियाज: स्मार्ट वॉच या ब्लूटूथ नेक बैंड बढ़िया ऑप्शन, ये रखेंगे हेल्थ से लेकर एंटरटेनमेंट तक का ख्याल

Hindi News Tech auto Diwali Bhai Dooj Gifts Ideas; Best Diwali Bhai Dooj Gift Ideas For Your Brothers And Sisters नई दिल्ली9 दिन पहले भाई दूज में यदि बहन भाई के लिए या भाई बहन के लिए कोई गैजेट गिफ्ट खरीदना चाहते हैं तो ये समय बहुत सही रहेगा। हम ऐसा इसलिए कह रहे हैं क्योंकि अभी ज्यादातर ऑनलाइन प्लेटफॉर्म पर दिवाली कैशबैक और डिस्काउंट ऑफर्स जारी हैं। साथ ही गिफ्ट के लिए कोई प्रोडक्ट अभी ऑर्डर…

[ashutentaran]

You stand by me when I am alone, you make me feel happy when I am low. Thanks for always being there for me and loving me.