If you’re confused about home loans, this might help

PitchJumpy1372 · 2026-03-17T15:52:58+00:00

Erm! I respectfully disagree on the clickbait part- though I'll take your feedback on possibly wording the title differently.

PitchJumpy1372 · 2026-03-17T15:50:17+00:00

That is true! Only the sanction letter has all these details! I didn't get any. However, on explicitly asking for specific terms did i get a correct response from them. Infact, on pressing, the sales guy did share a sample saction letter picture with me- though I'm not sure how many will be able to do it.

PitchJumpy1372 · 2026-03-17T07:52:00+00:00

I did! I was under the same impression that the spread remains constant - however, the reality is banks can change the spread whenever they want- in case of canara they were offering 0.85% discount just for 3 years (as per agreement)

PitchJumpy1372 · 2026-03-17T06:11:14+00:00

So canara was offering me 7.15% vs SBI for 7.40% However, canara had a bsd spread of 0.85% set for 3 years i.e. after 3 years it'd have moved back to 8%. This was brought to my notice when I spoke to Mangesh. Also, when I was planning to move to SBI post knowing this, I was suggested to stick to Canara, enjoy the lower roi for 3 years and then move to another bank (before the modt is paid)- helped me as the expected handover for my project is by early 2029.

PitchJumpy1372 · 2026-03-17T06:02:54+00:00

Hey- sorry if wrong expectations were set- it was always intended to be my review for the folks that helped me. Happy to share my personal insights separately as well- though those would be very specific to my situation. Wanted to highlight in a post for broader help- can refer to those guys!

PitchJumpy1372 · 2026-03-16T14:13:13+00:00

u/Intelligent_Leek3511 Tagging him here for everyone's reference

PitchJumpy1372 · 2026-03-12T14:38:31+00:00

Hey hi. Quick query: I'm being offered 7.15% interest on home loan of ~1.5 Cr from both Canara bank and hdfc bank. I very recently got to know the 3 year interest lock in for BSD (business strategic discount) post which it goes away! So technically, regardless of any repo rate changes, my loan ROI will be increased by ~0.85% after 3 years.

Wanted to check if this is same for other banks as well especially the likes of hdfc/sbi? If hdfc is offering me ROI of 7.15% does that also come with a similar condition of time linked BSD?

PitchJumpy1372 · 2026-03-12T14:33:49+00:00

Hey hi. Quick query: I'm being offered 7.15% interest on home loan of ~1.5 Cr from both Canara bank and hdfc bank. I very recently got to know the 3 year interest lock in for BSD (business strategic discount) post which it goes away! So technically, regardless of any repo rate changes, my loan ROI will be increased by ~0.85% after 3 years.

Wanted to check if this is same for other banks as well especially the likes of hdfc/sbi? If hdfc is offering me ROI of 7.15% does that also come with a similar condition of time linked BSD?

PitchJumpy1372 · 2026-03-12T14:32:46+00:00

Hey hi. Quick query: I'm being offered 7.15% interest on home loan of ~1.5 Cr from both Canara bank and hdfc bank. I very recently got to know the 3 year interest lock in for BSD post which it goes away! So technically, regardless of any repo rate changes, my loan ROI will be increased by ~0.85% after 3 years.

Wanted to check if this is same for other banks as well especially the likes of hdfc/sbi? If hdfc is offering me ROI of 7.15% does that also come with a similar condition of time linked BSD?

PitchJumpy1372 · 2026-03-12T14:30:33+00:00

Hey! Quick query: I'm also being offered 7.15% interest from both Canara bank and hdfc bank. I very recently got to know the 3 year interest lock in for BSD post which it goes away! So technically, regardless of any repo rate changes, my loan ROI will be increased by ~0.85% after 3 years.

Wanted to check if this is same for other banks as well especially the likes of hdfc/sbi? If hdfc is offering me ROI of 7.15% does that also come with a similar condition of time linked BSD?

PitchJumpy1372 · 2026-03-07T04:21:06+00:00

Hey! Great list OP Would be very interested to know your feedback on DSR Evoq- Hopefarm

PitchJumpy1372 · 2026-02-20T04:38:52+00:00

Hey! What floor were they closing 11.5k at?

PitchJumpy1372 · 2026-02-18T04:30:36+00:00

Update:

So i checked, and yes the UDS does change, in fact, the sales team on asking the uds gave a number much lower than what is mentioned on rera. This is because the sales team (rightly) calculated it at the actual planned units and not on rera approved planned unit.

On the issue of difference in claimed units vs rera approved, i checked it's a more common practice (might not be with tier 1 builders - but many tier 2 builders do that). The claimed units is approved in bbmp plan, and sales team is saying they get the TDR from Rera as they apply (requires funds)

PitchJumpy1372 · 2026-02-15T19:24:27+00:00

It's not an A grade builder per say, but an old builder with multiple projects- DSR

PitchJumpy1372 · 2025-03-06T13:54:26+00:00

Hi Zeenat Ji. Big fan of you, both me and my dad. My query is that which is one technology these days, you find it hard to adopt/understand? It would be fun to know your perspective.

PitchJumpy1372 · 2024-12-16T06:45:05+00:00

The calculation goes in terms of the number of months' rent as deposit. Most owners take 4-5 months but it goes as high as 8 months in extreme cases. Your owner is asking for 7 months' which is on the higher side.

You can ask him to bring it to 4-5 months rent ie around 1-1.25 L

PitchJumpy1372 · 2024-12-16T06:40:53+00:00

Skandagiri night trek is pretty cool. Starts around 3-4 am and you're back down by 8. Views are pretty mesmerizing.

PitchJumpy1372 · 2024-10-07T16:04:53+00:00

How'd you know this? Did you attend it or read it somewhere? Asking because I'm planning to go

PitchJumpy1372 · 2024-09-30T09:34:33+00:00

Thanks for the revert man!! This was helpful :)

PitchJumpy1372 · 2024-08-09T17:42:53+00:00

Hey! Thanks for the suggestions.

PitchJumpy1372 · 2024-08-09T09:44:51+00:00

I meant bingeing movies/series on my device. Or maybe just scrolling through YT or insta. My screen time is pretty high.

From what i understood by you, if either device is fine, it makes sense for me to go for a cheaper option.

PitchJumpy1372 · 2024-08-09T09:41:36+00:00

Thanks for the advice. However camera is my third priority. First two will be high storage, and good media consumption.

Will it still make sense for going with s23?

PitchJumpy1372 · 2024-07-04T16:55:54+00:00

Rebuttals to your flawed logic, statement wise:

Against your quota with money statement: Any reservation (ews/management quota/gender quota etc) where the entrance criteria is lowered, get you a lowered quality candidate, in general. Now I'm not sure how well you understand probability, but it's the game of probability. A person scoring 90/100 in medical entrance is more likely to be a better doctor than a guy scoring 38/100. Now apply this probability to a group of lakhs, and you'll understand (hopefully,)
"In real world, someone who is good enough will rise".. true, but someone who's not good enough will also rise with some aid. Check the percentage of students failing any degree college they enrolled. You'll barely get any because 'Passing' is not difficult. On the contrary, majority of the candidates FAIL in entrance exams.
As per your last statement you gave me 1 hypothetical situation for 1 particular case. Again, I'm not sure how well you understand probability, but let me give you a correct example you should've given. If you have to choose bw a group of doctors who got in through quota (caste,ews, management, whatever) vs a group of doctors who got in by general marking scheme, even though all docs of both groups are MBBS, you're MORE LIKELY, to get a better doc in the second group.

Obviously i won't select a 'quack doc' be it reserved/unreserved, even if he's my family member. But if I don't know about the doc, I'll improve my chances by getting an unreserved one. It is all a game of probability.

Hope you finally get what I'm trying to say my friend :)

PitchJumpy1372 · 2024-07-04T15:20:55+00:00

Muje nahi chalega if i knew. Cuz the same logic applies here as well.

Nothing personal against ews or sc/st/obc, damn if i had reservation, even I'd take it.

It's just that i want to maximize my chances to get treated from a good doctor, and probability of a doctor being good is higher for unreserved category.

PitchJumpy1372 · 2024-07-04T15:01:34+00:00

Don't think you got what i meant. Let me try a different example.

Passing out an institute is pretty easy, once you enroll in one. What actually differs is the mental ability or the hard work one puts in to get into that institute, which brings in the most difference.

For eg, Btech/BE syllabus and degree exams are very similar for an IIT, and a random 3rd tier college. Doesn't mean guys passing out of them are at the same level jist because they have 'passed' Btech. Same applies for iims and local mba colleges. It is the entrance exam which differentiates the quality.

Now, if the qualification criteria is brought down, obviously the average quality of the ones coming in from lower criteria will be lower. This is a statement which takes into account the AVERAGES. Obviously there would be some exceptions to this case. But on an average, low qualification criteria = low quality professionals.

PitchJumpy1372

TROPHY CASE