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ATUL MONGA
Millennials and Gen Z comprise majority of homebuyers: SurveyIndia's housing market is changing. Younger generations, Gen Z and Millennials, are now the main homebuyers. The average age for home loan ...- Check these 7 important charges in your home loan agreement that can make your debt more costlyHomebuyers in 2026 should look beyond interest rates and scrutinize loan agreements for other charges like processing fees, prepayment pena...
- Home Loan in New Year: 2025 brought big relief for borrowers, will home loans further fall in their EMIs with more interest rate cuts in 2026?Home loan borrowers enjoyed significant EMI reductions in 2025 due to RBI's 125 bps repo rate cuts. Experts suggest further rate cuts in 20...
- BASIC Home Loan targets Rs 25,000 crore annual home loan disbursals by March 2026Fintech startup BASIC Home Loan aims for Rs 25,000 crore in annual home loan disbursals by March 2026, driven by its AI assistant HOM-i. Th...
- How Rs 3,900 invested monthly in SIP can pay back Rs 66 lakh of your home loan interestInvesting a mere 10% of your home loan EMI in an equity mutual fund SIP can potentially pay back the entire interest paid on a Rs 50 lakh h...
- Basic Home Loan to end FY25 with Rs 15,000 crore disbursementBasic Home Loan, a fintech start-up, secured $10.6 million in Series B funding. The funds will be used to grow its market presence, develop...
- RBI Monetary Policy meet: When and where to watch Guv Shaktikanta Das' live addressRBI policy date and time: The Reserve Bank of India's Monetary Policy Committee (MPC) will announce its bi-monthly policy decisions on Dece...
- Fintech startup Basic home loan raises Rs 87.5 crore in a Series B funding roundExisting investor Ashish Kacholia, invested further and increased his stake in the company while the round also saw participation from exis...
- Bullish on affordable housing segment: Atul Monga, CEO Basic Home Loan"This initiative aligns seamlessly with our goal to expand our reach within the priority sector lending (PSL) domain," said Atul Monga, chi...
- Fintech startup Basic Home Loan raises $4.7 million in a round led by investor Ashish KacholiaThe funding comes after $3.5 million raised in series A funding in October 2021 and a $500,000 seed round from Picus Capital, a Germany-bas...
- Entertainment, fun parks eye expansionOther companies have similar plans. "We have added a go-karting track recently and many local operators are approaching us to add adventure...
- Developers report up to 50% increase in sale during Navratri“The Navratri festival has been extremely good for the real estate developers. Irrespective of change in repo rate by RBI, the sentiments o...
- Affordable Housing to be most impacted due to hike in interest rates: Atul Monga, CEO, Basic Home LoanThe recent RBI regulations are more focused on payments businesses for regulating BNPL players. It should not have too much impact on the h...
- Basic Home Loan to disburse Rs 1,000 crore every month by March 2023Basic Home Loan has aggressive expansion plan for 2022-23 and will be present in over 100 cities from about 30 cities currently.
- Reverse migration led to increase in small housing loans: BASIC Home Loan chief, Atul MongaAccording to Atul Monga, chief executive of BASIC Home Loan, the pandemic has led to reverse migration and those workers are now keen to st...
- Small-ticket housing loans rise in tier I and II citiesAs per the latest data, under PMAY (Urban), 11.4 million houses involving central assistance of ₹1.86 lakh crore have been sanctioned so fa...
- BASIC Home Loan raises $3.5 million in a Series A fundingThe funding was followed by a $500,000 Seed round from Picus Capital, a Germany-based early-stage technology investment firm in October 202...
- 47% of respondents prefer availing home loan from public sector banks: SurveyThe homebuyers’ survey was conducted to understand the buying behavior and preferences of people amidst the pandemic, and took responses fr...
- Affordable housing homebuyers not aware of the benefits, says new surveyThe awareness survey, which included over 1,000 affordable housing loan customers, found that there is a lot of confusion about whether wom...
- Quitting high-profile jobs to pursue academics? Meet this unique batch from IIM CalcuttaOf the 54 who joined the course, at least 16 were working abroad for more than six years.
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