TELL US YOUR PROJECT
- Property value
- Traffic in the area
- Safety measure in the building/society and the crime rate in the area
- Future construction/future growth of the area
- Proximity to markets, railway stations, schools, your place of employment, hospitals, restaurants, cinemas, and malls
- Quality of schools in the vicinity, if you have kids
If you have a steady job and a decent credit history, there is a good chance that you can find a bank/home lender who will lend you most of the purchase price of your new house. Loan amount generally depends upon your repayment capability and can be a maximum of 80% to 95% of the cost of the property, depending upon the bank.
There are several banks and money lending companies who will lend you a home loan at competitive rates. Check carefully all the available options before choosing your bank or money lender.
Carpet Area: The Term ‘Carpet Area’ refer to the total usable area within the four walls of an apartment or a commercial space as the case may be. It is an actual usable area which the user gets to use. In other words. it refers to the area for which a carpet can be laid if required by the owner
Built-up Area: Over and above the carpet area, BUA would include the space covered by the thickness of the inner and outer wall of the flat
Super Built up area: This includes the built-up area along with area under common space such as the lobby, lifts stairs etc. This term is therefore only applicable in the case of multi-dwelling units.
NRIs can be defined as:
- Indian citizens who stay in a foreign country for employment
- Indian citizens carrying on their businesses or vocations
- Indian citizens abroad for any other purpose in the circumstances indicating a definite intention to stay outside India for an indefinite period
NRIs can also be:
- Indian citizens working abroad on assignment with foreign governments or international agencies
- Officials of central and state government and public sector undertakings deputed abroad on temporary assignments or posted to their offices abroad
- Indians who have settled abroad permanently or gone abroad on immigration Non-resident Indians become residents of India once they come back to India to engage in employment, for carrying on any business or vocation, or for any other purpose indicating a definite intention to stay in India for an indefinite period.