Rewa Home Loan EMI Calculator ☀️
Typical Rewa home loan: ₹28.00 L at 8.75% over 20 years = ₹24,744/month EMI. Total interest ₹31.39 L. Madhya Pradesh stamp duty: 7.5% + 3% registration = ~₹2.94 L extra.
Mortgage Calculator
Home loans in Rewa.
Market overview
Rewa flats trade at Rs 4,000-7,000 per sq ft with Civil Lines and Cantonment leading on SS Medical College and APSU faculty demand. The Rewa Ultra Mega Solar Park (750 MW, one of India's largest at commissioning) has added a major construction-phase and O&M employer footprint. Proximity to the Panna diamond mining belt (NMDC) and the Satna cement cluster create cross-border investor demand. Pricing is on par with Sagar and Satna. Supply is plot-heavy.
What makes Rewa distinct
Rewa is home to one of India's largest solar parks (750 MW Rewa Ultra Mega Solar Park, jointly developed by MP, GoI and Mahindra Susten - it supplied Delhi Metro before Solar Park Bhadla). Combined with the Panna diamond belt next door and the Satna cement cluster, Rewa is a unique solar-plus-minerals-plus-cement lending market.
Popular residential zones in Rewa.
Banks dominating Rewa home loans.
SBI: anchor for SS Medical College and Railway salaried
Bank of India: deep local network, aggressive on APSU faculty
PNB: strong on plot loans toward Govindgarh
HDFC: preferred for private salaried and gated mid-rise
₹28.00 L home loan in Rewa at 8.75% over 20 years
₹28.00 L 8.75% 20 years (240 months) ₹24,744 ₹31.39 L ₹59.39 L ₹2.94 L (women: ₹2.66 L) Rewa home loan questions.
EMI on a Rs 28 lakh home loan in Rewa at 8.75% for 20 years? ▾
EMI is approximately Rs 24,744 per month. Total interest is Rs 31.39 lakh, total outflow Rs 59.39 lakh.
Best bank for SS Medical College Rewa faculty? ▾
SBI offers 8.50% under its government doctor scheme; PNB and Bank of India match at 8.55-8.60%.
Stamp duty on a Rs 35 lakh property in Rewa? ▾
MP: 7.5% + 3% = 10.5%. On Rs 35 lakh: Rs 2.63 lakh + Rs 1.05 lakh = Rs 3.68 lakh. Women: 6.5% + 3% = Rs 3.33 lakh, saving Rs 35,000.