Home Loans in India’s New Financial Year: Key Changes and Insights
Home Loans in India ’s New Financial Year You’re likely to see slightly lower floating home loan rates , easier credit for affordable housing , and stricter borrower safeguards in FY 2025–26 ; the best move is to reprice or refinance if your rate is >30–50 bps above market and choose the tax regime that maximizes your net take‑home after home-loan deductions. What this means now Repo cut to 6.25% should transmit to repo-linked (RLLR/EBLR) loans faster than to MCLR /fixed; expect 10–30 bps moves first, with more over your next reset dates. PSL changes may make sub-₹50–60 lakh affordable tickets easier to sanction with modest rate concessions if your property and ticket size qualify. With prices projected up ~6.5% in 2025, affordability may tighten; lock a good rate/price earlier if your finances are ready. New tax regime vs old: Old regime benefits borrowers who can use Section 24(b) interest and Section 80C principal deductions; the new regime suits those with few deducti...