What Is the Minimum Cibil Score Required for a Home Loan?

CIBIL is the credit record of every Indian citizen, which the Reserve Bank of India authorizes. If you apply for a home loan, CIBIL score determines whether you are eligible for the loan or not. You can check your CIBIL score on the CIBIL website once a year for free. You can visit the site several times to check the score at a nominal fee. The score is based on the credit history, and the three-digit number comes between 300-900. 

What is the minimum CIBIL score required for the home loan?

The minimum CIBIL score should be more than 550. However, it varies from lender to lender. Usually, a score below 550 is considered bad, whereas a score above 750 is deemed excellent. A score between 650-750 is considered to be good. You get a good chance of home approval if the CIBIL score is above 650. However, a low CIBIL score does not mean that the home loan won’t get sanctioned but has to furnish more financial documents and a credit-worthy guarantor for home loan approval. 

Benefits of high CIBIL score

A high CIBIL score gives you the option to choose and pick lenders as you are eligible for home loans. On the other hand, a high CIBIL score means bigger loans. Also, shorten the documentation process because a high score assures lenders that you can repay the loan. In addition, you are also eligible for lower home loan interest rates. 

Steps to check credit score online

  1. Log in to the official CIBIL website.
  2. Fill up the form asking for details like birth year, address proof, past loan history, and relevant data. 
  3. After filling the form, choose the mode of payment to get the credit report. 
  4. After the payment, five questions are asked related to credit history. At least three questions must be answered correctly to prove your identity with CIBIL.
  5. Reports are sent via mail within 24 hours.

Factors that affect CIBIL score:

1.Types of credit and duration-  Credit history is based on the number of years passed since opening the first credit account. CIBIL takes into account the number of years to determine the credit score. The score gets a good boost if a good balance of secured loans like car loans and unsecured loans like credit cards. A healthy credit mix depicts your repayment behavior and considers you the low-risk borrower.

2.Payment history- The score depends on your payment history. Prompt payment of monthly credit card bills and loan EMIs mean a good score. However, if payment is delayed or defaulting on EMIs, the score can be reduced by 100 points.

3.Credit utilization ratio- The score will go down if the credit utilization is high. Ideally, spending 30% of the credit limit is advised, and avoid maxing out the limit.

Conclusion- If you are on a house-hunting spree, check out your CIBIL score before checking out 1 BHK flats for sale in Wakad. Pay your loan EMIs and credit card bills on the due date. Maintain a clean financial record and avoid over-leveraging to give a boost to your CIBIL score.

High-Quality Education Opportunities for Your Children Near Wakad

In India, home buyers want to invest in real estate projects which can give them access to essential amenities like groceries, public transport, hospitals, and shops. Moreover, they want these amenities to be within walking distance, more precisely, at the doorstep. So home buyers look for properties to commute seamlessly to schools to drop their children and reach the workplace hassle-free. So home seekers are focusing on those residential projects near their children’s school or have access to reputed schools.

Commute in Wakad –

Wakad is that neighborhood in West Pune, which has unbeatable connectivity with the Mumbai- Pune Expressway, Wakad road, and Kalewadi main road going through it. Pune airport lies about 45 minutes away, and the Chinchwad railway station is approximately 10 kilometers away. Right next to Hinjewadi, Wakad offers a plethora of employment opportunities as some of the prominent MNCs and firms like Teerth Technospace, Rajiv Gandhi Infotek park, and Hinjewadi IT park lie within a 10 km radius. Moreover, many biotech companies and manufacturing and industrial belts like Chakan, Talegaon, Pimpri Chinchwad are close to Wakad.

Schools in Wakad –

Quality education empowers a community. Neighborhood schools serve as anchor institutions in a community and allow students of all backgrounds. Fortunately, numerous schools have mushroomed in Wakad, and properties near schools are available abundantly for home buyers. One such residential property is Bonheur

Bonheur in Wakad-

Engineers Horizon, one of the leading developers in Pune, has developed a residential project named Bonheur in Wakad. Bonheur offers 1,2, and 3 BHK apartments and is one of the properties in Wakad not only because of its good connectivity to various work avenues but also for its proximity to some of the best schools in Wakad.

Here is a list of the top 5 schools near Wakad-

Poddar International School(CBSC)

Euro School Wakad(ICSC)

Kamal Prathisthan Mount Litera School(ICSC)

Akshara International School (CBSC)

Indira National School 

Benefits of having good schools close to home –

Homes near reputed schools increase the same value as home buyers are willing to pay a premium to reside near a good school for their children. 

Homes in school catchment areas are monitored closely, thus making it a safer place to live in. Moreover, the cost of living, especially near education institutes, is affordable because many properties are rented to the students. Also, living near a school allows people to live amongst a lively community.

Schools within walking distance-

Homes close to your children’s school mean less time to commute, thus reducing the travel cost.

Access to nearby playgrounds-

Homes near schools mean the school’s playground is accessible to the community. Moreover, it lets their children play alone, depending on their age.


If you are looking for homes near your children’s school, then grab these 2 BHK flats in Wakad of Bonheur. The project is close to some of the best schools in Pune. So let your child grow in a safe, healthy, and correct environment.

Benefits of investing in 3 BHK flats for sale

According to a Real Estate State Data Analytics report, the sale of 3 BHK housing increased significantly, primarily due to the pandemic. People are looking for larger units as corporations continue to follow the work from home model driven by state and central government recommendations. The trend of buying 3 BHK units will continue as the complete vaccination drive is still some time away and high covid infection rate due to the new variant omicron. Keep reading if you are looking for the best 3 BHK flats for sale in Wakad

Three main benefits of buying 3 BHK homes- Buying a home is a significant investment. Investing in 3 BHK will be helpful as it will serve family needs even after 5-10 years down the line. A 3 BHK flat will meet the space requirement even when the family grows. Hence looking for 3 BHK makes sense. Engineers Horizon, a reputed builder in Pune, has launched Bonheur in Wakad, comprising 3 BHK flats and 1 and 2 BHK. The project is under construction, and RERA approved.

Spacious 3 BHK apartments in Bonheur- Carpet area around 900-1000 sq ft, 3 Bhk flats in Bonheur is suitable for a small family because it gives extra space to use as per requirement. One can use the extra space as a kid’s room or guest room or turn it into an office set up for a work from home model. Also, the project is close to job avenues like the Hinjewadi IT hub. The upcoming metro project is within walking distance. Also, it is close to Wakad Flyover and Mumbai -Pune expressway. It is surrounded by many reputed schools, colleges, and hospitals. One can have easy access to daily essentials.

Competitive pricing –When we compare the price of 2 BHK and 3 BHK, the difference is not huge. Moreover, these flats will have a host of amenities, just like in 3 BHK flats in Bonheur. Apart from providing optimized space, these flats will give you sound security to your loved ones, as these homes feature multi-functional electronic intercom systems, video door phones, and CCTV for common areas.  

Conclusion- 3 BHK apartments in Bonheur offer world-class amenities such as an exclusive clubhouse for residents, landscaped gardens, jogging tracks, to name a few. From sound security to eco-friendly amenities, Bonheur has it all. Residents can enjoy spacious living spaces, balconies in Bonheur. The search for 3 BHK flats spiraled up, indicating that people desire to move into larger units to fulfill their changing needs in a post-pandemic world.

Why is it important to have a spacious home for a healthy lifestyle?

Imagine a home where there is ample natural light and playful wind swishing in and out! Just perfect for ideal healthy living. Engineers Horizon, renowned developers in Pune, has designed a luxurious property in Wakad named “Bonheur,” characterized by high ceilings, vast open spaces, and spacious and airy living spaces promising peaceful and positive lifestyles. The property is at the prime location of  Wakad and is well-connected to the rest of the city via public transport. 

Advantages of living in spacious and airy homes :

Innovatively designed spacious homes in Bonheur offer you the freshness and charm of open-air living. Wide windows and unrestricted views add positive vibes to your daily life. Natural light and playful wind enhance the ventilation of the rooms.

Space for everyone:

Bonheur offers 1,2 and 3 BHK homes that are spacious by carpet area and promote optimization of every square foot of the space. Not a single corner is wasted. Its 3 BHK homes offer space that can be utilized as a guest room or kids’ room.

Maximum utilization of spaces:

Due to maximum utilization of spaces, one can have ample space to rewind, rejuvenate and create ample space for storage. One can enhance the visual aesthetics of the space with minimum clutter and maximum utilization of the living space.

Amenities :

Not only space that is maximized to give you the privilege of spacious living but also the modern amenities like features 3 tier security , thus giving ample security to your loved ones. Landscaped open spaces, party areas, children’s play areas enhance the living experience. Moreover, each apartment is equipped with video door phones , apart from CCTV in common areas for extra security.Branded lifts, cent percent power backups for common areas making this project unique in itself.

Bonheur redefining luxury:

Bonheur in Wakad is an embodiment of calm and peace. Having a home office is the most thoughtful gift one can have when the pandemic is still expanding its fang in the form of Omicron. Spacious rooms give you the advantage of creating thoughtful kids’ rooms for the Lil munchkins. A well-functioning gym gives you the luxury of not stepping out of the house during rainy seasons for regular workouts. Instead, you can have it at your doorstep. Moreover, the connectivity and the presence of developed social infrastructure around the property give you the benefit of easy accessibility of the daily essentials. Reputed schools, colleges, hospitals are the added advantage of the location. 


If you are searching for a peaceful neighborhood, explore Bonheur, wherein spacious flats for sale in Wakad are available. Gift yourself the luxury of peace and calm this coming year!.

What to choose? Dreamhouse or investment asset

The idea of buying a home gives us a satisfying feeling of security, a sense of pride, and all sorts of overwhelming emotions. However, buying a home is not an easy feat. One has to push limits to buy a dream home. The pandemic situation and a string of lockdowns made people realize they needed a space to call their own. Apart from giving one the feeling of security, owning a home provides peace of mind and pride of ownership. Buying a dream home becomes more tangible, and doubles up as a good investment opportunity. 

Price appreciation: Infrastructure development plays a significant role in the price appreciation of a property. For instance, any new connectivity or development of transit hubs, social infrastructures like schools or colleges enhance the property value. For example, Bonheur in Wakad is close to the Mumbai- Pune expressway and at walking distance from the upcoming Pune metro project. Therefore, the value of the project is enhanced as the developing infrastructure will attract more population.

Home loan benefits: Repo Rates have been reduced considerably in the current fiscal year, resulting in plummeting home loan interests. A few years back, home loan interest was around 8-9 % which is now 7%. Hence, it is the right time to invest in a dream home.

Tax benefits: Owning a dream home can fetch tax deductions up to 2 lakhs. Under section 24 of the IT Act, buying ready-to-move-in flats, one can benefit from a tax deduction of up to 2 lakhs.

Real estate investment most stable investment: Buying a home is considered one of the most stable investments. Sooner or later, one can get a high appreciation value for the property and become a passive source of income in the form of rentals. 

Lucrative offers and deals: Ongoing pandemics and market volatility led real estate developers to offer lucrative deals and discounts on their ongoing projects. It would be an ideal situation to buy a dream home at this time. 

Conclusion: If you want a dream home, explore 1, 2, 3 BHK flats for sale in Wakad. Engineers Horizon, one of the leading developers in Pune, unveiled a premium property in Wakad named Bonheur. The project offers 1,2, and 3 BHKs which are up for sale. Spread across sprawling acres, Bonheur is the epitome of luxury, convenience, and comfort. From top-end amenities to 3-tier security, Bonheur features quintessential facilities that can’t be ignored. 

Know how Virtual Reality will revolutionize home sales!

Know how Virtual Reality will revolutionize home sales!

Real estate moves with time and adopts processes that help to grow the industry further. However, the adoption of virtual reality slightly lagged, but those who rapidly adopted the technology enabled themselves  to increase sales efficiency and  to see more potential buyers. From guided virtual visits, interactive virtual visits to virtual commerce, virtual reality heightened the real estate experiences.

Guided virtual visits 

Promotional videos work wonders for existing properties. Even for projects under construction, a real estate agent can show the finished version of the project through virtual reality.

Interactive virtual visits

In these virtual visits, the experience can be made interactive through movement determined by the user. Created with hotspots, these interactive experiences are more like a game than a video. You do the virtual walkthrough of the property by keeping your sight on the hot spot. 

Virtual commerce

This step is after an interactive virtual visit wherein you can make custom changes to the home. 

How virtual reality can increase home sales

A prospective home buyer visits several properties before settling on the final one. The process takes a lot more time than it sounds. Property visits become time-consuming and expensive if the property is far from where the client lives. But with VR technology, the client can put the VR headset on and can experience immersive and three-dimensional walkthroughs of the property. In a matter of minutes, he can visit several properties from the comfort of home. If the property already exists, he needs a panoramic camera to capture 360-degree video. If the property is vacant with no furnishing, virtual staging helps realtors to showcase staged properties with very little investment. Architectural visualization allows realtors to create large showrooms with a full-scale apartments model.


Future of virtual reality in the real estate industry

Virtual reality may be considered a disruptive technology, but there may come a time when prospective buyers would prefer to take the virtual tour from the comfort of home. Along with open houses, buyers would like to get the minute details and information about the property through virtual tours and interactive virtual hotspots and more. 


VirtualReality has revolutionized real estate significantly! Whether in Pune or Hong Kong, you can experience the property with VR technology. Of course, it would help if you have  a VR headset to feel how the space flows and the rooms link together. You can explore all the decorative details, ceiling heights, and size of the rooms with this technology. If you are looking for a property in the Pune suburbs, there are plenty of options. Many developers like Engineers Horizon provide a virtual tour of their  property named iOS Tathawade. If you want a home in Tathawade, then experience the property through a guided virtual tour. 

What’s in your upcoming neighborhood


Buying a home for your loved ones is one of those life accomplishments that top’s in everyone’s bucket list. Whether you want a sprawling suburban home or a compact apartment in the center of the city, most of us wish for a home that compliments our needs and style. However, searching homes with different considerations for the foreseeable future may take time, but don’t be afraid to be picky. Half of your work is done if you have decided on the location. Engineers Horizon, one of the most reputed builders of Pune, has developed two projects, iOS in Tathawade and Bonheur in Wakad. 

Bonheur in Wakad 

Bonheur in Wakad was launched in March 2021, and its possession date is by March 2023. Spread over 0.96 acres, Bonheur is located near Hinjewadi IT park  comprising 2 and 3 BHKs. Most of Pune’s finest schools are located within 10 minutes travel distance from Bonheur. It has excellent connectivity with the Mumbai-Pune expressway and other important city locations like Aundh, Baner, pashan, Shivajinagar, and more. One has not to worry about traveling far for daily needs as retail stores, hospitals, and restaurants are nearby to the property. If you want to buy a home from an investment perspective, a flat in Bonheur would be an excellent option to enjoy lucrative returns. Equipped with modern amenities and conveniences, Bonheur offers a plethora of features in an affordable range. Check out 3 BHK flats at Bonheur Wakad if you want your dream home here. You can get the true essence of urban living in a locality set in the lap of nature yet not far away from city hustle-bustle.  

What is upcoming in the Wakad neighborhood?

Apart from reputed schools, colleges, popular eateries, shopping malls, and retail stores, its easy connectivity with well-structured roads enhanced the commute to a hassle-free one. Moreover, with an increasing number of families and working professionals, Wakad is witnessing a rise in new facilities like the upcoming metro project, which is within walking distance from Bonheur.

iOS in Tathawade 

Launched in January 2021, the possession date is by January 2023. Spread across 0.98 acres, the project comprises 1 and 2 BHKs. The property has 120 units and is located in Jeevan Nagar. The project is equipped with a wide range of modern amenities; the project also features eco-friendly amenities like rainwater harvesting, solid waste management, and disposal and stormwater drains. Apart from multiple amenities, the project features 4- tier security. Moreover, it is well-connected to other parts of the city by roads and is close to reputed schools, hospitals, restaurants, and malls and marts. 

What is upcoming in the Tathawade neighborhood?

iOS enjoys easy accessibility to the nearest Akurdi railway station, which is  linked to the main Pune railway junction. Moreover, Tathawade is located near the prime employment hub of Hinjewadi, which hosts multiple business parks, industrial units, and tech zones. It also shares good connectivity to the MIDC industrial zone of Pimpri- Chinchwad. So, if you have zeroed on Tathawade as your dream home destination, explore iOS, which enjoys the excellent social and civil infrastructure of Tathawade.

Summing up 

If you want to get the most out of your dream home, focus on essential features for you and your loved ones. Choices may vary from person to person, making your living experience the happiest in your dream home. 

Make Home Investment your New year resolution

As we move into 2022, some good reasons to start investing this year. Investment is a powerful tool to build wealth. The more you start early, the more you will get the benefit of investing. If you plan to invest, then here is the round-up of the best advice to make progress in the coming year. Prior to investing, knock out the debt and check your savings before investing. Invest intentionally, like if you are planning for a business, then raise funds and if you are planning to invest in the home, then estimate the amount needed for a down payment. 

When your new year resolution is home buying 

It is not enough to set a new year resolution for home buying, but it should be followed by a workable plan to achieve the goal. Proper knowledge, planning, and strategies are required to make the resolution accurate. The best way to begin the process is to do research:

Check out reputed builders, their projects. Explore the locality of the project. As digitization is very much in the real estate process, check brochures, watch product videos online.

Visit the product’s website to get detailed information on the configuration, floor plan, amenities, and conveniences they are offering.

You can do the preliminary investigation from the comfort of your home.

Benefits of investing in real estate

Property tax is at an all-time low, and national, and state governments have issued plenty of tax benefits. RBI has reduced Repo rates. Home loan interest rates are all-time low. The Maharashtra government has lowered the stamp duty from 5% to 2%. For women home buyers, there are added advantages of tax benefits. If home buying is on your resolution list, it is the right time to enact it.

Few more tips to make the investment successful

1.Keep initial down payment as low as possible. Make your loan tenure short.

Cancel credit cards if you have any. 

  1. Take insurance to keep yourself financially on the safe side. 
  2. Take into consideration taxes, bills, renovations before making the final decision.
  3. Explore the property thoroughly before investing.


We hope these tips will help you make your new year resolution of buying a home a successful endeavor. If you are looking for property in Wakad, do not look further than Bonheur in Wakad. Engineers Horizon developed the property.  Known for offering innovative projects, their latest offering Bonheur in Wakad is no different. Set in the lovely green backdrop of Wakad, Bonheur offers easy access to a number of important destinations like the upcoming metro station, and Hinjewadi IT hub. These investment-worthy 2 BHK apartments for sale in Wakad available are worth exploring. 

Come to Bonheur Wakad, make your dream home come true this year.

The Must-Have Amenities when Buying Home

Buying a home is a lifetime decision and also an important financial one. The home buying process involves money, research, and a lot of paperwork, and amidst all these, we skip some of the important factors which can affect our future in the long run. Here are 10 must-have amenities you should check out when buying a home.


Choose the right location for your home. If you have to choose between a good location with features not matching your needs and a bad location with all the amenities you are looking for, select the former. You can change features or add amenities in a good location, but a bad location can not be changed.

Type of home you want

Before purchasing a home, you should explore the types of homes. 2 BHK will do for a small family, but for a big family, you might need 3 BHK or 4 BHK. People also search for homes that can accommodate a definite addition to the family in the future. Nowadays, builders are offering 1.5 or 2.5 BHK homes,  an additional option of half -bedrooms which sums up to be an extra room in the project. 

Home amenities and features

Homebuyers have different preferences regarding features and amenities. Some may want a certain kitchen, master bedroom, or bathroom features. Some may wish their kitchen counters in marble or ceramic with farm-style, dual or triple sink. Look for homes where you can get your choices or options to alter according to your need.  

Finishes and materials

Once you know your budget or price range, look for finishes and fixtures you will get at that price point. For example, less expensive homes will have vinyl flooring or plastic laminate counters in the kitchen or baths,  but for higher-end homes, the flooring would be more resilient, made of tiles or wood, and solid surfacing in kitchens. Check out the features you will get that fit your budget.

Power Backup 

Check out whether the residential project you are zeroing in to buy an apartment has power back up or not. 24/7 power backup is a must for a peaceful life.


Check out the parking facilities of the residential project. A spacious parking lot and a separate parking area for visitors because parking issues are major in housing localities.

Security System

You need to check out the security system of the property. Reputed builders provide a 3- tier security system including CCTV, video door phones, and swipe card access. 

Senior citizen park

Consider properties that provide you with a comfortable living space and have open spaces. Open spaces contribute to a healthy lifestyle and provide a space for social interaction or recreational activities. Elders of the family can also take a walk or enjoy the serenity of nature.

On-site maintenance

Not only amenities and exteriors of a house matter when buying a home. You should consider on-site maintenance to keep your life functioning smoothly.

Proximity area

Before finalizing your choice on a certain apartment, check out its proximity to schools, colleges, institutes, hospitals, and shopping areas.

Eco-friendly amenities

Along with recreational amenities, check on eco-friendly amenities like rainwater harvesting, solar water heaters, green plantations, wastewater management systems that fulfill your requirements without leaving a carbon footprint.


Talking about all the necessary amenities to look out for in your new home, you can check Engineers Horizon amenities. Well, reputed developers of Pune, Engineers Horizon, introduced two prestigious projects in Tathawade and Wakad. In iOS Tathawade and Bonheur in Wakad, you can find all the features and necessities you look for in a new home. 

How is Digitization of Real Estate Industry Making Home Buying Easy?

Digitization has transformed the core of many industries, including the Real estate industry. Along with other industries Real estate industry too has adopted digital technology for its operational activities. They took the digital leap to make a convenient home buying process during the pandemic. They have moved from conventional methods to digital tools for the smooth operation of buying and selling properties and other conveniences. Although customers would always prefer to decide after visiting the site, the preliminary research about the property can be done in the comfort of the home itself. Basic information about the property can be collected by visiting the website of the project that not only saves time but also can decide whether to move ahead with their decision or not. 

Let’s take a look at how digitization has streamlined real estate operations.

Buy and search 

To begin with, consumers prefer to pre-research online about the product before buying. The same thing happens when purchasing a home. They visit the website of the project first to ensure their requirements match with the offerings or not. Then, they check on the reviews about the project and also value the testimonials.

Digital documentation

Documentation processes have become a lot easier, and one has not to wait for long for a rental or purchase agreement. In addition, there are no more human errors due to the application of automated software and tool providing buying or lease agreements. 

Augmented reality and virtual reality

With the advent of augmented reality, a potential buyer can tour the property without visiting the site and inspect it in detail. Availability of virtual 360-degree tours can be taken any time of the day from anywhere to experience the final product. AI-powered digitization helps filter the target audience by analyzing data.AI algorithm helps to find data relating to real estate market trends and improve business areas. 

Chatbots and Social Media

Chatbots respond to customer queries and render services 24/7 by answering their questions. After visiting the website, a customer can leave a message or talk directly to customer support services anytime and from anywhere. Also, the property gets broad exposure via social media like Facebook, Instagram, or Twitter. The customer base amplifies with this mass exposure. 

Genuine information 

Digitization enabled homebuyers to visit websites of the properties they prefer and get access to information they are searching for and no more waiting for the salesperson to respond. In addition, they can get updates about construction stages, Google reviews, information on RERA number, floor plans, amenities r and general questions in the FAQ section. 


Although start-ups have driven digitization in real estate, big players followed suit due to its multiple benefits. A potential homebuyer can search for real estate online, visit the property virtually, and manage the documentation process digitally by sitting far away from the site. For example, if you are looking for 3 bhk flats in Tathawade, visit iOS in Tathawade, developed by Engineers Horizon. And you know you can do this by visiting their website right now.