Would you like to renovate your home before the festive season? Are you looking for some interesting home renovation ideas? Costs are a factor. But we have a few home renovation ideas on a budget for you as well.

Festivals like Ganesh Chaturthi and Diwali are around the corner. At such times, it is customary to clean, renovate, and decorate your home. The belief is that this brings good luck and fortune into your lives.

Home renovation ideas on a budget

Start with the living room and bedrooms. Here are some bedroom and living room renovation ideas:

  • Change the floor tiles
  • Invest in lightweight and utilitarian furniture
  • Add new light fixtures or lamps to add drama
  • Give the room a fresh coat of paint

Are major alterations not on the cards right now? No problem. Here are some easy living room makeover ideas. Start by rearranging the furniture. If you have the cash to spare, buy one or two statement pieces. Bring out the bright furnishing to liven up the space.

The kitchen is another important space in your home. Do you want some kitchen remodelling ideas? Here are a few:

  • Modular kitchen fittings
  • A new kitchen sink
  • Light fixtures at appropriate places
  • Kitchen appliances, such as a state-of-the-art cooking ranges, oven, dishwasher and more.

For kitchen remodelling ideas on a small budget, add some quirky and functional accessories. Try your hand at painting the kitchen walls in a pop colour.

Getting a home renovation loan

To remodel your home, it is a good idea to take a home renovation loan. There are several advantages to this sort of loan:

  • You get a lump sum amount of cash to fund your expenses
  • Use the loan amount for repairs, furnishing, painting, electrical work, or flooring
  • The documentation is simple and hassle-free
  • Repayment is through monthly instalments
  • You may apply for an individual or a joint loan

A home renovation loan is meant for home improvements. You simply need to form a rough estimate of the costs. Then submit the details to your bank.

If you have a home loan already, then getting a home improvement loan is simpler. After all, the bank already has your documents. In case you do not have a loan with the bank, inquire about the application process. Typically, you need to submit your income and property documents to the bank. Bank officials will verify the site and the estimated cost. Based on their verification, they will sanction the loan. You may have to pay a small processing fee. This ranges from 0.5% to 0.75% for a home renovation loan.

Summing up

It is easy nowadays to revamp your home according to your taste and budget. Some of these home renovation ideas should help. Plus, you could apply for a home renovation loan as well. Get ready to turn your house into a dream home.

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