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Home buyers

Home buyers and PLC (preference charge)

All you need to know about Preferential Location Charges!

There are multiple costs one needs to pay while buying his dream home. Besides other costs, some builders also take an additional charge called the preferential location charge (PLC). So, what is a PLC? PLC is a premium cost which a home buyer pays while preferring to book a unit with a better location situated […]

CommonFloor Editorial Team

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Resale market opted by home buyers; project delays trigger boom

The resale real estate market in India has gained a lot of importance and most of the home buyers are opting for it in spite of the dipping sales of new projects in the past few years. The resale market is fetching quite a lot of business and most of the banks and financial companies […]

RBIs New Credit Policy is Beneficial for Home Buyers

The RBI (Reserve Bank of India) which slashed its new credit policy after a gap of three years for 2012-2013 has benefited the home buyers to a greater extent, especially as it followed 13 hikes in the last year. The policy states that the short term lending rate has been reduced to 8 pc from 0.50 […]

10 Must Have Amenities in Your Apartment

The concept of apartment dwelling units is largely prevalent across tier I and tier II cities in India. The 4 metros Mumbai, Delhi, Chennai and Kolkata were the forerunners in this concept and from late 1980s most other tier I cities witnessed a flurry of activity in this segment. In cities where land was getting more […]

Home Loan Insurance For Secure Home

Home loan insurance is often confused with home insurance. Home loan insurance is not insurance for your home but for your home loan. Home loan insurance enables you to make prompt payment in case you met accident, sickness or loss job. Home loan insurance is sold the least because home buyers consider it as expensive […]

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