Author: Sachin Gupta | Find me on Twitter Follow @sach_gupta
Have any Questions? Tweet to @sach_gupta
As per the recent report by National Housing Bank titled “Report on trend and progress of housing in India 2012”, the following observations were made.
The urban population of India has been growing at a rapid pace. As per the Census 2011, 31.16 per cent of the total population is in the urban areas. The shortage of housing units for the urban areas for 2012 is estimated at 18.78 million units.
With time, there has been expansion and improvement in the housing finance market by way of various financial reforms; however the housing loans as a percentage of GDP have remained at around 7 percent, significantly lower than the levels achieved in most of the developed countries.
During the financial year 2011-12, housing loan which is disbursed to individuals across India stands at Rs. 68221.12 Crore. Out of which about 71.34% was used by individuals for acquisition/construction of new houses, about 2.63% for repair of existing houses, and about 26.03% was used for purchase of old/existing houses (resale properties). The housing loan availed by individuals across India continue to increase year on year by an average of about 20%. All these numbers suggest that home loan is a key factor when an individual goes out to buy home.
However, before one approaches the bank or housing finance companies for housing loan, he/she needs to have the papers in order. Papers about income proof, bank statements, PAN Card, etc. What are the documents that are required to avail home loan? This is a question many of you are confronted with. And therefore, we have put together a comprehensive list of documents that are required for home loan. Find it below:
Follow @sach_gupta
The urban population of India has been growing at a rapid pace. As per the Census 2011, 31.16 per cent of the total population is in the urban areas. The shortage of housing units for the urban areas for 2012 is estimated at 18.78 million units.
With time, there has been expansion and improvement in the housing finance market by way of various financial reforms; however the housing loans as a percentage of GDP have remained at around 7 percent, significantly lower than the levels achieved in most of the developed countries.
During the financial year 2011-12, housing loan which is disbursed to individuals across India stands at Rs. 68221.12 Crore. Out of which about 71.34% was used by individuals for acquisition/construction of new houses, about 2.63% for repair of existing houses, and about 26.03% was used for purchase of old/existing houses (resale properties). The housing loan availed by individuals across India continue to increase year on year by an average of about 20%. All these numbers suggest that home loan is a key factor when an individual goes out to buy home.
However, before one approaches the bank or housing finance companies for housing loan, he/she needs to have the papers in order. Papers about income proof, bank statements, PAN Card, etc. What are the documents that are required to avail home loan? This is a question many of you are confronted with. And therefore, we have put together a comprehensive list of documents that are required for home loan. Find it below:
Have any Questions? Tweet to @sach_gupta
Hi Really I Appreciate your work you may also Like this Kalpataru Serenity
ReplyDeletethanks for sharing about Information Aman Heights luxury property in Ghaziabad presents up to 4 BHK Flats in Ansal Api Aquapolis that fascinates life.
ReplyDeleteThanks for sharing with us great blog about documentation for salary class to take home loan,I really get aware from this.
ReplyDeleteNew Residential Project in Bhiwadi
Thanks for sharing. If you are looking for an Apartment in gurgaon than go for EMAAR MGF THE PALM DRIVE. It is a good place to invest.
ReplyDeleteGood detailed information for home loan seekers. Will help a lot for housing loan seekers to do preparation before applying for housing loan.
ReplyDeleteJay Dee Infra Developers Pvt. Ltd. - Buy and Sell Affordable and Prime Locations Flat / Apartment / Duplex / Plot / Land in Ranchi
Thanks for sharing here the different kinds of documents that are needed to getting home loan in India...Great post!!
ReplyDeleteUTC Project -Code 60 providing 1 and 2 BHK Studio Apartments, 2 and 3 BHK Studio Apartments in Noida Extension, Best Studio Apartment in Delhi NCR, Best Luxury Studio Apartment Noida
ReplyDeleteThank you for sharing such great information. It has help me in finding out more detail about Home Loan India!
ReplyDeleteThanks for sharing this valuable information. This is really informative.Goa property services
ReplyDeleteHome loans are an important process of real estate buying, nice informative posts as regards the documents required for real estate buying.
ReplyDeleteBulk SMS Mumbai
Thank you for sharing it.
ReplyDeleteLeading Builders and Developers in Jaipur
Hello would you mind stating which blog platform you're using? I'm looking to start my own blog soon but I'm having a hard time selecting between BlogEngine/Wordpress/B2evolution and Drupal. The reason I ask is because your design and style seems different then most blogs and I'm looking for something unique. P.S Apologies for being off-topic but I had to ask!Investment property loans
ReplyDelete
ReplyDeleteGreat article with excellent idea! I appreciate your post. Thanks so much and let keep on sharing your stuffs.
Real Estate Company in Gorakhpur | Property in Gorakhpur | Commercial Property in Gorakhpur | Residential Property in Gorakhpur
Hi Sachin Gupta,
ReplyDeleteThanks for sharing this great contents. please keep sharing new.
Strata Management Northern Beaches
nice content liked it
ReplyDeletesplendid lake dew in begur road bangalore
splendid-lake-dew-in-begur-road-bangalore
ReplyDeletesplendid lake dew in begur road bangalore
ReplyDeleteWorth reading. Post gains everyone’s attention. Keep writing.nata coaching centres in chennai
ReplyDeleteNice Information, your provided information was so timely and useful.
ReplyDeleteReal Estate Company in Gorakhpur | Residential plots in Gorakhpur | Commercial Properties in Gorakhpur
If you search Best project in Pune?, Bramhacorp Provides the Luxuriousapartments in Pune, with all the amenities and on best Natural location with ease of conveniences.
ReplyDeleteI am Dr Purva Pius, a private money lender. I give out loans with an interest rate of 3% per annual and within the amount of $1000.00 to $500,000,000.00 as the loan offer. 100% Project Funding with secured and unsecured loans are available. We are guaranteed in giving out financial services to our numerous clients all over the world. With our flexible lending packages, loans can be processed and funds transferred to the borrower within the shortest time possible. We operate under clear and understandable terms and we offer loans of all kinds to interested clients, firms, companies, and all kinds of business organizations, private individuals and real estate investors. Just complete the form below and get back to us as we expect your swift and immediate response. EMAIL : {urgentloan22@gmail.com}
ReplyDeleteIt's Great Article Cache Chief has recently collaborated with Shree Radha Aangan, a township project that spreads across 55 acres of land. Shree Radha Aangan is a residential project started with a vision of providing housing away from the hectic lifestyle
ReplyDeleteEppitomegroop are the top interior designers in Pune providing total interior designers in Pune for residential and corporate Sector. Virtual Designs Available here.
ReplyDeleteI discovered this type of large quantity of fascinating stuff in your online journal particularly its discourse. From the huge levels of remarks on your articles, I figure I'm not in the slightest the only person having all of the pleasure here! keep doing awesome…real estate technology
ReplyDeletegowdown available for rent in faridabad, gowdown available for lease in faridabad, gowdown for rent in faridabad, gowdown for lease in faridabad
ReplyDeleteview more- Gowdown Available for Rent
Hi, Thanks for sharing such a good and knowledgeable information and i want deep knowledge on mortgage loan interest rates can anyone help me, please!!!
ReplyDeleteValuable information shared through your blog. Keep updating.
ReplyDeleteBest Builders in Chennai
Seethesh Beyond Technologies, [28.08.18 11:27]
ReplyDeleteShreyas Enterprises home loans in Vizag
Shreyas Enterprises Vizag is engaged in offering Home Loans to the clients In Visakhapatnam. A crew of experienced personnels works with enthusiasm for rendering best services
Shreyas Enterprises home loans in Vizag
ReplyDeleteShreyas Enterprises Vizag is engaged in offering Home Loans to the clients In Visakhapatnam. A crew of experienced personnels
works with enthusiasm for rendering best services
Thanks for sharing your post. Apartments in Anna nagar available at affordable prices with world class amenities and international standard clubhouse. Do check out!
ReplyDeleteThank you for sharing this information. It has helped me to know more about
ReplyDeletecheck your credit score
Welcome to Mumbaihotcollection.com, home of the finest Mumbai escorts in Mumbai area. Our Mumbai escorts are the finest Mumbai has to offer and will provide an unforgettable Mumbai Escort experience!
ReplyDeleteEscorts in mumbai
Escort service in mumbai
Mumbai escorts service
Mumbai call girls
Call girls in mumbai
Escorts mumbai
Nice Article! Keep Sharing This Kind of useful Information. Sastabroker.com is the free online Platform for anyone who wants to display their properties for sale or for rent basis. As an India’s leading online real estate portal we are pleased to offer you the free and paid online property registration services. Contact us now! And register your property with ease.
ReplyDeleteGreat information...
ReplyDeleteThanks for Sharing...
Office Space For Rent South Delhi, Commercial Office Space For Rent, Office Space in South Delhi
IF you do search for the best loan Against Property then you should visit at www.antworksmoney.com Great Deal - Big Saving. Apply for Mortgage Loan Today. Secure Loan. Loan against Home.
ReplyDeleteYou have a nice post and great idea you give a lot of information to others. Thank you for sharing.....
ReplyDeleteCarpentary Services in Bangalore
Handyman Service in bangalore
Vaishnavi Serene contact Vaishnavi Serene Vaishnavi Group Vaishnavi Serene
ReplyDeletehttp://www.vaishnaviserene.in/
real estate ,
ReplyDeleteDeals on Real Estate,
houses for sale,
houses for sale,
homes for sale,
property for sale,
real estate for sale,
cheap homes for sale near me,
sale,puchase,rent,
real estate agent,
new property near me,
houses to buy,
apartments for sale,
property search,
cheap property for sale,
houses with land for sale,
property in my area,
best property in delhi,
Thanks for sharing such a needful information!!Keep Blogging Recruitment agencies in Nepal
ReplyDeleteReliable manpower agencies in Nepal
You have Included Very Good point into your article, I just Loved It. , thanks for sharing valuable information Rent office space in Noida, Buniyad real estate is good website as per my knowledge
ReplyDeleteIt truly is definitely excellent post. I am really very pleased to check out your website. You have a nice post and great idea you give a lot of information to others.
ReplyDeletehttps://www.bharattaxi.com
It's a Certificate our location wills most likely present you with a fascinating And essential journey, or an awesome balancing. You can wish to have an Always dressed to high quality. Our Chandigarh escorts possess the recognition And want to create your trip to Mumbai as amazing as could be allowed end.
ReplyDeleteindependent escort in Chandigarh
Chandigarh russian escorts
Russian escorts in Chandigarh
Zirakpur female escorts
Chandigarh call girls
Escorts service in Chandigarh
Escort service in Chandigarh
Find the Best Nearing Completion Projects in Pune and Also Avail luxurious flats in camp with at affordable prize.
ReplyDeleteThanks For Sharing This Nice Information.
ReplyDeleteBoulevard by Bramhacorp Builders provides the super luxury projects in pune with Premium office spaces now for sale!
There are many call girls service provider in Chennai, but they don’t provide such kid of booking facilities as we provide to our customer with full security for their privacy. As many people come here for their mental and physical pleasure but due to lack of information and security they can’t full fill their needs and demands, so what we do for them we have this booking facilities available for theme where they can book best related call girls by just a simple call button without sharing their personal information with hotel facilities in best price.
ReplyDeleteChennai Escorts
Independent Escorts in Chennai
Chennai Escort Agency
Chennai Escort
Escorts Service in Chennai
Call Girls in Chennai
Chennai Escort Service
Independent Chennai Escorts
Russian Escorts in Chennai
ReplyDeleteHey thanks for this amazing post. Would love to read more of such blogs. You can also have a look at home loans in India for more information.
Thanks for sharing useful information. get details about luxury apartments in Calicut with top builders in Kozhikode
ReplyDeleteThis comment has been removed by the author.
ReplyDeleteThanks for sharing useful information. Book your residential luxury apartments in trivandrum with leading builders in trivandrum
ReplyDeleteThank you for sharing this information. It has helped me to know more about housing loan in india
ReplyDeleteporn video download
ReplyDeleteInformation is pretty good and impressed me a lot. This article is quite in-depth and gives a good overview of the topic.
ReplyDeleteLuxury Interior Designer in Delhi
thanks....
ReplyDeleteShowroom for rent in HSR Layout
Thanks for the information....
ReplyDeleteShowroom for rent in HSR Layout
Thank you!
ReplyDeleteShowroom space for rent in HSR Layout
Thanks..
ReplyDeleteoffice space for lease bangalore
shop for rent in bangalore
workspace in bangalore
office for rent in Bangalore
This is such an informative blog, your opinion, observations and ideas are amazing and to the point. I would love to read more content like this, and I want to give one advice to you are looking for a best builders in bhopal then Sagar Green Hills is the ideal township for you.
ReplyDeleteIndustrial factory for rent in Sahibabad Industrial Area site 4best location and best prices. Sahibabad Industrial Area shed on rent shed lease Sahibabad, site 4 shed rent Sahibabad factory lease.
ReplyDeleteFactory For Rent In Sahibabad Industrial Area
I was scrolling the internet like every day, there I found this article which is related to my interest. The way you covered the knowledge about the subject and the 3 BHk Flat in Hoshangabad Road
ReplyDeletewas worth to read, it undoubtedly cleared my vision and thoughts towards B 2 BHk Flat in Hoshangabad Road
. Your writing skills and the way you portrayed the examples are very impressive. The knowledge about flats in Hoshangabad Road
is well covered. Thank you for putting this highly informative article on the internet which is clearing the vision about top builders in Bhopal and who are making an impact in the real estate sector by building such amazing townships.