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SBI Term Loan: RLLR: 8.15 | 7.25% - 8.45%
Canara Bank: RLLR: 8 | 7.15% - 10%
ICICI Bank: RLLR: -- | 8.5% - 9.65%
Punjab & Sind Bank: RLLR: 7.3 | 7.3% - 10.7%
Bank of Baroda: RLLR: 7.9 | 7.2% - 8.95%
Federal Bank: RLLR: -- | 8.75% - 10%
IndusInd Bank: RLLR: -- | 7.5% - 9.75%
Bank of Maharashtra: RLLR: 8.05 | 7.1% - 9.15%
Yes Bank: RLLR: -- | 7.4% - 10.54%
Karur Vysya Bank: RLLR: 8.8 | 8.5% - 10.65%

Property Dictionary

Foreclosure

05 Jan 2024

Foreclosure is a legal process that allows lenders to recover the amount owed on a defaulted loan by taking ownership of and selling the mortgaged property.

#Property Dictionary

Condominium

04 Jan 2024

A condominium is an individually owned residential or commercial unit existing in a complex or building of units.

#Property Dictionary

Eviction

03 Jan 2024

Eviction is the civil process wherein a landlord legally removes a tenant from their rental property. This usually occurs when the terms of the rental agreement have been breached or in other situations as permitted by law.

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Earnest Money Deposit

02 Jan 2024

An Earnest Money Deposit, also known as good faith deposit, is a sum of money a buyer pays to the seller to express his genuine interest and commitment. It is usually made shortly after both parties are in agreement on the terms of sale.

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Construction Linked Payment Plans

01 Jan 2024

A Construction-linked Plan (CLP) is a flexible payment method for under construction flats. The buyer initially pays a pre-determined down payment, after which all subsequent pre-determined payments are made in instalments that are linked to the progress of construction.

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Expression of Interest (EOI)

29 Dec 2023

An Expression of Interest (EOI) is a document or letter submitted by a potential buyer expressing their interest in a particular property. It is the first step before entering a negotiation process or signing a formal agreement.

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Leasehold Land

28 Dec 2023

Leasehold refers to the legal right given to an individual or entity, by the owner, to live in or use a building or piece of land for an agreed period of time. In India, leasehold land most commonly have tenures ranging between 30 to 99 years.

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Floor Space Index (FSI)

27 Dec 2023

FSI, also referred to as FAR (Floor Area Ratio), is a ratio of the total built-up area to the total area of the plot. It measures the total built-up area that can be constructed on a parcel of land.

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MEP Services

26 Dec 2023

This refers to the mechanical, electrical and plumbing services in the design and construction of the building. Builders enlist firms specialising in MEP services for the construction of their building.

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Registration Charges

23 Dec 2023

The registration fee is calculated at the rate of 1% of the agreement value of the property with a maximum cap of Rs. 30,000/-.

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