Buying a home is a very emotional decision. It is a safe haven, a place to build beautiful memories with friends and family, and a place to relax and unwind. But a house, a flat, or a residential apartment is also a major financial asset that depreciates in value over time. Much of this depreciation comes from wear and tear. Timely and proper maintenance, renovation, and home improvement work can significantly help counter such wear and tear. Remodelling and improvement projects can also help give your home an aesthetic boost that keeps your home both beautiful and comfortable. However, renovation, restoration, and remodelling work can cost a pretty penny. Fortunately, most banks and financial institutions in India offer home improvement loans to help fund these activities. Here’s all you need to know about such loans.