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Things to Remember While Withdrawing EPF Funds for Repaying Home Loan
Real Estate
19 Apr 2021 | 68 Views
How to Withdraw Money From PF/EPF for Home Loan Repayment
You are most likely aware of employee EPF (i.e. Employee Provident Fund) and the EPF interest rate.  Did you know that you can withdraw EPF for repaying your home loan, and save on housing loan interest? In this article, we will walk you through important aspects pertaining to PF/EPF withdrawal for prepayment of the home loan — such as PF withdrawal limit, Provident Fund loan rules, PF withdrawal for home loan repayment procedure, and documents required for PF withdrawal for home loan repayment. Employee Provident Fund Employee Provident Fund  (EPF), as the name suggests, is a fund meant to come to your rescue when you need it most — at some point in the future. More specifically, it is meant  to be of help to you after your retirement. 12% of a person’s basic pay and DA (dearness allowance) is deducted and remitted to their EPF. Additionally, an equal amount is contributed by the employer — of which 8.33% goes towards the Employee Pension Scheme, and the rest to the EPF account. Over time, it would result in a substantial balance in the employee EPF account, at an EPF interest rate of 8.5%. So, although the employee EPF funds are meant for retirement, he/she is allowed to withdraw funds from the PF/EPF account for certain reasons as specified by the  Employees’ Provident Fund Organisation (EPFO).  Withdrawing PF/EPF for Prepayment of Home Loan  Buying a home is an ambitious project for salaried middle-class persons. It is helpful to be able to tap into your employee EPF funds to meet the costs and ease your burden. EPFO allows you to withdraw PF/EPF for buying a house or a flat, renovating an existing house, and even for prepayment of a home loan. In case you want to prepay your home loan and just get over it while saving on housing loan interest,  you can withdraw funds from the employee EPF account. Ideally, you shouldn’t, if you can help it, because you need to think of your financial security after your retirement.  However, if you have weighed in the cost and benefits, you can go ahead and utilize PF/EPF for home loan repayment.  Read on to know about the PF withdrawal limits, Provident Fund loan rules, PF withdrawal for home loan prepayment procedure  and documents required for PF withdrawal for home loan repayment. PF Withdrawal Limit  According to  Section 68BB of The Employees’ Provident Funds and Miscellaneous Provisions Act, 1952, you are allowed to withdraw PF for buying or constructing a house or flat, or PF for home loan repayment. As such, you are allowed to withdraw up to 90% of your  PF/EPF balance for repaying the home loan. There are certain eligibility criteria for being able to use provident fund home loans. Provident Fund Loan Rules  You should have at least three years of service after opening the EPF account,  to be eligible for withdrawing PF for home loan repayment.  You can withdraw up to 90% of your EPF corpus. The house in question should be in your name or jointly with your spouse.. The minimum balance in the EPF should be Rs. 20,000, either individually, or together with the spouse, if the spouse is also a member of EPFO. You can withdraw a provident fund for home loan repayment only once. You would need a letter of authorization from your employer for PF withdrawal if you have not verified your Aadhar Card. If PF/EPF withdrawal is done before 5 years of opening the account, then the amount is taxable. PF Withdrawal For Home Loan Repayment Procedure  You can withdraw PF for home loan repayment either online or offline. Follow the steps below: You would need a Universal Account Number and a phone number. Go to the EPFO portal. Log in with your UAN and password. Go to the 'Online Services' tab and then choose  'Claim'. Enter your details - name, date of birth, father's name, PAN number, Aadhaar number, date of joining the company, and mobile number. Click on  'Proceed for 'Online Claim'. Select the type of claim. Select 'PF ADVANCE (FORM 31)' from the drop-down menu. Select the reason from the drop-down menu. Enter the amount.  Enter your current address. Sign the declaration. Click on 'Get Aadhaar OTP'.  Enter the OTP. Click on 'Validate OTP and Submit Claim Form'.  The amount should reflect in your account within 5 days. Procedure for PF Withdrawal Offline Get Form 19 from the regional office,  or download it from the  EPF website. You can choose the Aadhar or non-Aadhar method. For the non-Aadhar version, attach a letter of authorization from the employer. Fill in all the fields as applicable (similar to the ones in the online portal). Get it attested by a gazetted officer,  or postmaster,  or notary public or magistrate officer. Attach an attested letter, mentioning the reason to withdraw the PF balance. Submit the withdrawal application at the regional office. You’ll get the amount within three months from the submission of the application. Documents Required for PF Withdrawal for Home Loan Repayment  Your PAN card. Either your Aadhar card (Or letter of authorization by employer). The Universal Account Number (UAN) of your PF/EPF account. Your bank account details. Your phone number. The UAN needs to be linked with Aadhar, PAN, and Bank details. Should You Withdraw PF for Home Loan Repayment?  You should be saving your PF/EPF funds for a rainy day in the future. Besides, EPF interest rates at 8.5% are higher than normal bank rates. However, it sometimes makes more fiscal sense to prepay the home loan. It is beneficial if you prepay your home loan early in the tenure when the housing loan interest component is high. Later in the tenure, it is mostly the principal amount, and at that point, it makes more sense to just continue paying the EMI. If you do withdraw PF/EPF for home loan repayment, invest the EMI saved every month in judicial ways, to secure your future. For more articles on home loans, explore the wide archive of blogs, news, and articles of Property Adviser.   

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Telangana sees a 17% Spike in GST Collection in March
Telangana sees a 17% Spike in GST Collection in March

Despite reeling under a second wave of Covid-19 pandemic, Telangana has seen a 17% rise in GST collection in the month of March 2021 as compared to the same period last year. According to the latest collection of GST figures released by the Union government, the Telangana government collected Rs 4,166 crore in March 2021, as compared to Rs 3,562 crore in March 2021.  GST Collection in Southern States  Among the Southern states, Kerala recorded the highest jump in GST collection at 24%, followed by Tamil Nadu at 23%. Andhra Pradesh saw the lowest increase in GST collection at just 5%.  Hyderabad has emerged as a strong industry-friendly state in recent times, thereby attracting companies. The rise in GST and industrial activities is strongly matched with an appreciation of real estate prices in the state. If you are planning to buy apartments for sale in Hyderabad, now is a good time. Log in to Property Adviser website for updates on the latest residential projects in Hyderabad. By: Ratnabir

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Registrations for Vizag Properties Increase in Fiscal Year 2020–21
Registrations for Vizag Properties Increase in Fiscal Year 2020–21

Ever since Vizag became Andhra Pradesh's executive capital, property registration has shot up in the neighbouring district of Vizianagaram. The speeding up of the work related to Bhogapuram airport has given a great fillip to property registration.  This has led to a significant increase in the revenue — from Rs 595 crore in 2019-20 among the eight sub registrar offices located in Vizag, collection shot up to Rs 654 crore in the fiscal year 2020–20. The offices achieved 81% of their total Rs 801crore annual target.  Property Registration Sees An Increase in Vizag  The Madhurawada sub-registrar office raked in Rs 141 crore, with the Super Bazaar office adding Rs 133 Crore. Notably, 107 percent of its target, Rs 61.95 crore, was generated by Bheemili's sub-registrar office.  K Manmadha Rao, District Registrar of Visakhapatnam, said the movement of the capital to Vizag is showing an effect on real estate. In the outskirts of the village, most land transactions were noted at Bheemili and Madhurawada.  Property demand also saw an improvement in Anandapur due to the developments around Bhogapuram airport in the district of Vizianagaram. In the 2020–21 fiscal period, Vizianagaram achieved 99% of its target for property revenue by removing Rs 240 crore from its target of Rs 241.8 crore. Bhogapuram generated the highest revenue of Rs 37 crore across13 sub-registrar's offices.  M Srujana, Vizianagaram Registrar, stated that Vizianagaram would continue with the same trend in registration of real estate and generation of revenues as more and more people in the area of the cities between Vizag and Vizianagaram will come to buy land and homes. By: Shailaja K

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Work from Home Option Likely to be Extended
Work from Home Option Likely to be Extended

Having spent most of the year 2020, working from home, employees working in the tech and financial sectors of Hyderabad were hoping to return to office. However, as per media reports, this is unlikely to happen anytime soon, with the second wave of Covid-19 sweeping across the country.   In Hyderabad city and GHMC area, the daily number of Covid-19 cases has doubled in just a week, as per media reports. With the threat of rapid rise in infection looming large, most companies are mulling an extension of work from home for the rest of the year, said industry insiders.  Bharani Kumar Aroll, president, Hyderabad Software Enterprises Association, said, “By mid-2021, we were thinking to bring back at least 90-91% of our workforce to office. However, now with the increase in cases, the idea has been put on hold. Only 30 to 35% of the workforce will be working from office, while the remaining 60-65% will continue working from home till the beginning of 2022.”  Kumar added that most companies are likely to follow a hybrid model in which only the essential staffers would be asked to come to office, while most of the workers will follow a roster-based model, which would require them to alternate between coming to office and working from home.  For the latest news and updates on Hyderabad, log in to Property Adviser.  By: Ratnabir  

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Telangana Emerges As an Industry-friendly State
Telangana Emerges As An Industry-friendly State

Thanks to the implementation of the TS-iPass (Telangana State-Industrial Project Approval and Self-Certification System) and a host of other business-friendly policies, there has been a three-fold jump in the number of industrial units in the state.   Over 15,00 Industries Approved in Six Years  As per government data, over the last six years, approvals have been issued for the establishment of 15,326 industries in the state with a commitment of investing Rs 2.13 lakh crore that would generate employment opportunities to 15.52 lakh employees both directly and indirectly.  So far, 11, 954 industries have already commenced their operations with an investment of around Rs 97,405 crores. This has generated nearly Rs 7.67 lakh jobs — which is far greater than the   4 lakh jobs created by the previous government.   Top Sectors: Power, Real Estate and IT  Thermal power sector has attracted the largest number of investments, followed by real estate, industrial park and IT buildings. The last three sectors have also generated the largest number of jobs in Telangana. Top districts include Medchal-Malkajgiri in terms of number of units and Ranga Reddy in terms of investment commitment and job generation.    For more news and information on real estate and Telangana government’s policy, log in to Property Adviser.  By: Ratnabir

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Hyderabad Stood At 122nd Position At Home Prices Appreciation in Q4 2020
Hyderabad Stood At 122nd Position At Home Prices Appreciation in Q4 2020

Hyderabad has once again proved that when it comes to real estate investment, there is no other city that can match up to its reputation.  Hyderabad is the only Indian city to have recorded a 122-point year-on-year (YOY) increase in real estate price appreciation in the fourth quarter of 2020, with a marginal YoY increase of 0.2 percent. Hyderabad home sales have increased to 3,651 units, thereby marking a 127% quarterly increase in the fourth quarter of 2020, as compared with 1,609 units in the 3rd quarter of 2020.   This is primarily owing to festive season promotions and better layout plans triggered due to Covid-19 situation, which has called for meeting the work-from-home requirements.  How have Indian Cities Fared in Real Estate Market?  Chennai has the lowest rank in the world(at the 150th position) and a nine percent fall in home prices.  Bangalore was ranked at the 129th spot with a decline of 0.8 percent   Ahmedabad stood at the 143rd rank with a decline of 3.1 percent   Mumbai ranked 144th with a fall of 3.2 percent   Delhi was ranked at the 146th spot with a decline of 3.9 percent YoY in prices  Kolkata witnessed a 4.3 percent decline in home prices, standing at 147th spot  Pune stood at 148th rank with 5.3 percent decline  Hyderabad residential market performance has remained consistent throughout the pandemic, with the city's real estate market continuing to grow in each quarter, all over 2020, said Shishir Baijal, CMD, Knight Frank India.   This improvement can in large part be attributed to the fact that the city is a preferred destination for IT/ITeS professionals. By: Shailaja K

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Government Set to Take Strict Measures Against Illegal Plots in Telangana
Government Set to Take Strict Measures Against Illegal Plots in Telangana

The Telangana State Real Estate Regulatory Authority (TS-RERA) has decided to take serious action against illegal land schemes and has introduced strict measures against developers who are illegally selling undivided shares (UDS) of land in real estate projects.  Such sales would result in severe fines — up to 10% of the total project cost.  Certain developers/builders/promoters have been noticed to be advertising/marketing/selling units in un-divided lands in projects?at nominal or discounted prices.   This is not in accordance with the provisions laid down in Section 3 (1) and 4 (1) of the Real Estate (Regulation and Development) Act, 2016 and Rule 1 (2) of the Telangana State Real Estate (Regulation & Development) Rules, 2017.   As per the circular by Somesh Kumar, Chairman of TS-RERA, selling the UDS lands, with no prior project registration with the TS-RERA, will entice penalties of up to 10% of the total project costs, in line with Section 59 of the RERA Act 2016.  Government Takes a Serious Note of Illegal Land Schemes  Earlier this year, the issue of mushrooming UDS projects was observed after industry insiders described it as "Ponzi schemes" which were flown to cheat buyers. Under this scheme, a small portion of land – such as 100 square yards of a 10 acre property is sold to the customer for an upfront payment ranging from Rs 30 lakh to Rs 50 lakh (on an average). Once the entire parcel of land has been developed, the buyer will be promised a built house or apartment against this kind of purchase.  Although these projects must be cleared up by the authorities concerned in accordance with the various sections of the RERA Act, market observers say that the majority of the projects are not permitted.  In addition to advising builders of such default, recently a new circular also provided by RERA chairman cautioning the public against the purchase of such buildings or plot units because the risks of such developers or promoters are very high.  Real Estate Sector Welcomes Move  The guidelines were welcomed by experts of Hyderabad real estate sector, which said that the safeguarding of the image of the "Hyderabad Brand" would require strict measures. It will not only help genuine developers and the whole industry, but will also protect buyers against duplication. It is highly appropriate that the government should heavily against offenders, said Credai-Hyderabad, president, P. Ramakrishna Rao. By:Shailaja K

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Real Estate development picks up pace in Adibatla due to IT hubs
Real Estate development picks up pace in Adibatla due to IT hubs

Adibatla has become one of South Hyderabad's most-preferred real estate destinations with increasing job opportunities and improved social and physical infrastructure. The area is situated next to the Outer Ring Road (ORR) and gives an easy access to major areas throughout the city.  Adibatla is located between the Nagarjuna Sagar Road and the Srisailam Highway. The area offers plenty of possibilities for the growth of high-rise apartments and plots. To sum up, it has grown into one of the most desired real-estate destinations in Hyderabad. The presence of IT and aerospace industries is the main drivers of growth in this area. Also in the peripheral areas, several poultry farms are located.  The presence of the expansive TCS campus has been attracting people inside and out of city. There are also several restaurants around the campus of TCS. Many IT professionals prefer to live and invest in flats or plots in and around this area.  Adibatla Real Estate  The area is well served by popular health centres and schools. Many small shops can also be found in the locality. One can find spacious apartments and plots for sale in Adibatla at affordable prices. The area offers options for both under-construction and ready-to-move properties.  The area has 348+ plots, with sizes ranging from 165-306 square yards, with the average price varies from Rs 24.8 Lakh to 60.6 Lakh.  A 2BHK flat size ranges from 900-1200 sq.ft and can cost between Rs 38-49 lakh, while a 3BHK can go up to Rs 79 lakh. If you are planning to buy an apartment or plot in Adibatla, Visit PropertyAdviser.in to get detailed information for all properties. The verified and updated property information will help you to find your dream home. By: Shailaja K 

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GIC?Enters into an Agreement to Buy IT-SEZ in?Hyderabad
GIC Enters into an Agreement to Buy 1.1-million-sq.ft. IT-SEZ in Hyd

GIC — a Singapore-based Special Real Estate Fund — signed an agreement to acquire an IT-SEZ (Information Technology-Special Economic Zone) in Hyderabad for Rs 1,050 crore. The SEZ is spread across1.1 million sq.ft. in the Gachibowli area of Phoenix Group.  IT-SEZ in Hyderabad  It has two towers covering 1.8 million sq.ft. The first tower with 7 lakh sq.ft. has already been completed and leased out. Both towers are separate and have independent parks next to the Amazon campus.  The second block, with 1.1 million sq.ft. of space, is currently being built and is slated to be finished in the next 15 months. This entire IT Park has been pre-leased to American IT-major Micron Technologies. It is one of the biggest leasing transactions in the country last year.  The agreement with GIC is a forward-purchasing contract, as after completion of all construction and execution, the project will be carried on by Phoenix Group. As part of the consideration, some amount is paid up-front and the balance is transferred after the completion of the project  In the Indian property sector, increased interest and enhanced allocation of long-term capital is expected to continue from the provided the scarce opportunity for growth in other developing markets.   The key elements of the growth are likely to include patching up the bruised economy, improving trade relations, supporting policy and advancing vaccination programme.  The quarter ending in December saw an insightful recovery in the institutional investment in the Indian real estate, which saw an increase of $3.5 billion. This meant that in 2020, despite a sudden halting due the pandemic, investment of $5 trillion was acquired, corresponding to 93 percent for 2019 transactions. By: Shailaja K

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Residential Sales Witnessed 90% Increase in Q1 2020 across Top Seven Cities
Residential Sales Witnessed 90% Increase in Q1 2020 in Top 7 Cities

According to a recent report by JLL India (a real estate services company), sales of residential apartments in Jan-March 2021 were up by more than 90% in the Q1 2020 across the top seven cities. Cities such as Chennai, Hyderabad, Kolkata and Pune, among others, outdid Q1 2020 sales.  The tax holidays that were extended helped affordable housing projects to take off. For the first time in the last decade, housing loans, which went below 7%, also resulted in sales in all segments of the real estate sector. The growth in the market is set to continue as low mortgage rates and stable prices lure savers and serious end-users.  New Residential Launches  New launches of 33,953 residential units took place in the first quarter of 2021, thereby recording a 27% jump over the last quarter of 2020. Hyderabad continued to dominate new launch activities and represented over a quarter of the overall launches. More than 16% of new launches were followed by Bangalore.  The majority of the new launches were in Bangalore, Hyderabad, and Pune with 77%, 76% and 100%.  As developers place more emphasis on the recovery of the lost volumes and gaining a stronghold in each market in the midst of the pandemic, prices are expected to remain broadly range-bound across most short-term markets. By: Shailaja K

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GHMC Initiated Major Infrastructure Development in City under SRDP
GHMC Initiated Major Infrastructure Development in City under SRDP

The Greater Hyderabad Municipal Corporation (GHMC) has invested Rs 1,010.77 Crore for the road infrastructure development in the city over the last six years under the Strategic Road Development Plan (SRDP).  Infrastructure Developments in Hyderabad  Since 2014, the civic body under SRDP has completed 17 major works, including flyovers, road-over bridges (RoBs) and road-under bridges (RuBs) in the city suburbs.  Before 2014, seven works such as a Rajiv Gandhi flyover at Punjagutta, green lands flyover, Chandrayangutta flyover and restoration of RoB across Dabeerpura railway station were completed with an investment of Rs 63.27 crore. Three more other works began before 2014 but were finished with Rs.68.84 crore afterwards.  Durgam Cheruvu cable-stayed bridge built with Rs 184 crore and vehicle underpass and flyover at Mind Space junction at Rs 131.64 crore which has turned out to be a major highlight of SRDP.  Adding to this GHMC also constructed underpasses at Mind Space and Chintalkunta, flyovers at Mindspace junction, Rajiv Gandhi statue junction, Biodiversity junction, a four-lane elevated corridor from Jubilee Hills, Road No.45 to Durgam Cheruvu and others. Flyovers and passes constructed under SRDP have helped to reduce traffic congestion and to alleviate travel time of motorists.  As a long-term initiative of the government to alleviate congestion in traffic throughout various areas of the city, the SRDP has produced positive results, as many road users use it well. Underpasses and flyovers built in different areas also provided more durable solutions for the resolution of traffic congestion.  Log in to?www.propertyadviser.in to know more about trending real estate news and latest properties for sale in Hyderabad and make wise investment decisions. By: Shailaja K

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Things to Remember While Withdrawing EPF Funds for Repaying Home Loan
Real Estate
19 Apr 2021 | 1.3K Views
How to Withdraw Money From PF/EPF for Home Loan Repayment
You are most likely aware of employee EPF (i.e. Employee Provident Fund) and the EPF interest rate.  Did you know that you can withdraw EPF for repaying your home loan, and save on housing loan interest? In this article, we will walk you through important aspects pertaining to PF/EPF withdrawal for prepayment of the home loan — such as PF withdrawal limit, Provident Fund loan rules, PF withdrawal for home loan repayment procedure, and documents required for PF withdrawal for home loan repayment. Employee Provident Fund Employee Provident Fund  (EPF), as the name suggests, is a fund meant to come to your rescue when you need it most — at some point in the future. More specifically, it is meant  to be of help to you after your retirement. 12% of a person’s basic pay and DA (dearness allowance) is deducted and remitted to their EPF. Additionally, an equal amount is contributed by the employer — of which 8.33% goes towards the Employee Pension Scheme, and the rest to the EPF account. Over time, it would result in a substantial balance in the employee EPF account, at an EPF interest rate of 8.5%. So, although the employee EPF funds are meant for retirement, he/she is allowed to withdraw funds from the PF/EPF account for certain reasons as specified by the  Employees’ Provident Fund Organisation (EPFO).  Withdrawing PF/EPF for Prepayment of Home Loan  Buying a home is an ambitious project for salaried middle-class persons. It is helpful to be able to tap into your employee EPF funds to meet the costs and ease your burden. EPFO allows you to withdraw PF/EPF for buying a house or a flat, renovating an existing house, and even for prepayment of a home loan. In case you want to prepay your home loan and just get over it while saving on housing loan interest,  you can withdraw funds from the employee EPF account. Ideally, you shouldn’t, if you can help it, because you need to think of your financial security after your retirement.  However, if you have weighed in the cost and benefits, you can go ahead and utilize PF/EPF for home loan repayment.  Read on to know about the PF withdrawal limits, Provident Fund loan rules, PF withdrawal for home loan prepayment procedure  and documents required for PF withdrawal for home loan repayment. PF Withdrawal Limit  According to  Section 68BB of The Employees’ Provident Funds and Miscellaneous Provisions Act, 1952, you are allowed to withdraw PF for buying or constructing a house or flat, or PF for home loan repayment. As such, you are allowed to withdraw up to 90% of your  PF/EPF balance for repaying the home loan. There are certain eligibility criteria for being able to use provident fund home loans. Provident Fund Loan Rules  You should have at least three years of service after opening the EPF account,  to be eligible for withdrawing PF for home loan repayment.  You can withdraw up to 90% of your EPF corpus. The house in question should be in your name or jointly with your spouse.. The minimum balance in the EPF should be Rs. 20,000, either individually, or together with the spouse, if the spouse is also a member of EPFO. You can withdraw a provident fund for home loan repayment only once. You would need a letter of authorization from your employer for PF withdrawal if you have not verified your Aadhar Card. If PF/EPF withdrawal is done before 5 years of opening the account, then the amount is taxable. PF Withdrawal For Home Loan Repayment Procedure  You can withdraw PF for home loan repayment either online or offline. Follow the steps below: You would need a Universal Account Number and a phone number. Go to the EPFO portal. Log in with your UAN and password. Go to the 'Online Services' tab and then choose  'Claim'. Enter your details - name, date of birth, father's name, PAN number, Aadhaar number, date of joining the company, and mobile number. Click on  'Proceed for 'Online Claim'. Select the type of claim. Select 'PF ADVANCE (FORM 31)' from the drop-down menu. Select the reason from the drop-down menu. Enter the amount.  Enter your current address. Sign the declaration. Click on 'Get Aadhaar OTP'.  Enter the OTP. Click on 'Validate OTP and Submit Claim Form'.  The amount should reflect in your account within 5 days. Procedure for PF Withdrawal Offline Get Form 19 from the regional office,  or download it from the  EPF website. You can choose the Aadhar or non-Aadhar method. For the non-Aadhar version, attach a letter of authorization from the employer. Fill in all the fields as applicable (similar to the ones in the online portal). Get it attested by a gazetted officer,  or postmaster,  or notary public or magistrate officer. Attach an attested letter, mentioning the reason to withdraw the PF balance. Submit the withdrawal application at the regional office. You’ll get the amount within three months from the submission of the application. Documents Required for PF Withdrawal for Home Loan Repayment  Your PAN card. Either your Aadhar card (Or letter of authorization by employer). The Universal Account Number (UAN) of your PF/EPF account. Your bank account details. Your phone number. The UAN needs to be linked with Aadhar, PAN, and Bank details. Should You Withdraw PF for Home Loan Repayment?  You should be saving your PF/EPF funds for a rainy day in the future. Besides, EPF interest rates at 8.5% are higher than normal bank rates. However, it sometimes makes more fiscal sense to prepay the home loan. It is beneficial if you prepay your home loan early in the tenure when the housing loan interest component is high. Later in the tenure, it is mostly the principal amount, and at that point, it makes more sense to just continue paying the EMI. If you do withdraw PF/EPF for home loan repayment, invest the EMI saved every month in judicial ways, to secure your future. For more articles on home loans, explore the wide archive of blogs, news, and articles of Property Adviser.