Introduction

Owning a home be it from Developer or resale, be it completed project of under construction project, since majority of home buyers are first time buyers, so it is all the more important for them to understand their loan eligibility and the “EXTERNAL BENCHMARK RATES” and also the “MARGIN APPLIED THEREON” and then derive the down payment and then go for booking a flat. Home loan tenure can be up to 30* years based on your age and other factors Booking a flat and the approaching financier for loan is NOT A RECOMMENDED IDEA”. On the other hand, getting a loan sanctioned and then approaching the seller is a “HIGHLY RECOMMENDED IDEA”