Let A and B be Banach algebras and let T : B → A be a continuous homomorphism. Recently, we introduced a product M := A × T B, which is a strongly splitting Banach algebra extension of B by A. In the present paper, we characterize biprojectivity, approximate biprojectivity and biflatness of A × T B in terms of A and B. We also study some notions of amenability such as approximate amenability and pseudo-amenability of A × T B.