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Showing posts from June, 2020

Signs that Show you are all Set to Buy a Home

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Are you exhausted by moving to a new place every few years and planning to buy your own house? Then now is the time to make the move. With plenty of options available in the residential real estate market like flats in Mohali, it is easy to get the house of your dream now more than ever. If you are still not sure then let’s take a look at a few of the signs that shows that you are all set to buy a house: You have enough savings- One of the first signs that you are ready to take a plunge in the residential market is that you have ample savings and financially secured. Financial stability is important and so is the buffer savings for buying a new home. That means after taking out the required expenses you are left with just the right amount of funds for investing in a property. You have a stable income- Your financial stability is based on the stability of your monthly income. A secured job gives you the advantage to get the home loan and the ability to pay the EMIs without any difficult

Pre-closing of Home Loan

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Easy access to a home loan in today’s time has opened paths for buyers from all segments to get their dream homes like Panchkula Flats 3bhk . However, it does put the financial burden on the borrower due to the long tenure along with the extra amount to be repaid. So the question arises whether it is a wise decision to repay the home earlier than the set duration? Pre-closing of the home loan not only puts off the financial ease but also helps the borrower to save on the extra loan amount. What is the Pre-closing of a Home Loan?  The pre-closing of home loan is the early repayment of the loan than the earlier set tenure. The borrower can repay the half or full loan earlier than the pre-decided tenure to save the money that the borrower was supposed to pay for interest. While it is a debatable topic whether to invest the money in some other asset class instead of early repayment of home loan, it depends on the borrower’s choice. If easing off the financial burden is the goal, then it is

What are the benefits of Co-Working spaces?

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The real estate developers have adapted to the modern needs of the consumer. The popularity of co-working spaces and shared office spaces in the recent projects in Mohali is reshaping the working culture. With a blend of necessities from traditional workspace to the comfort of our home, the co-working spaces are a perfect mix of both. The atmosphere in shared spaces nurture diversity, healthy business growth, and community bonding. These modern setups are in trend due to several innovative benefits that they offer. Let's look out the reason behind this popularity. Plug and Play – The main USP of co-working spaces is the flexibility that it offers. Many new businesses are not in a position to invest in long office constructions, leases and heavy deposits. The shared spaces give the flexibility of membership-based infrastructure services. An individual can choose a setup based on their business needs. They can use a certain service for a certain period of time and then discontinue