Financial Feasibility

Real estate advice: Me and my wife earn around Rs 500,000. We want to buy a house in old Bangalore. Is it feasible for us?

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Real estate advice: Me and my wife earn around Rs 500,000. We want to buy a house in old Bangalore. Is it feasible for us?

My spouse (31 years old) and I (33 years old) have a combined monthly income of Rs 500,000 working in the IT industry. We currently reside in Bangalore on a rental basis, paying Rs 55,000 per month. Additionally, we have a house in Hyderabad with a monthly EMI of Rs 125,000 on a home loan … Read more

Why affordable housing may become a challenge for developers despite the government push

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Why affordable housing may become a challenge for developers despite the government push

Prime Minister Narendra Modi approved government assistance for the construction of three crore rural and urban houses under Pradhan Mantri Awas Yojana (PMAY) during the maiden Cabinet meeting of his third term last week. However, affordable housing in urban and metro cities has taken a back seat recently, with a shift in focus towards the … Read more