Tips to buyers
Home Loans
Arranging for a loan with low interest rates are easily possible these days, with new banks and housing finance organizations appearing every other day. There are financial institutions offering loans with interest rates as low as 7% for a tenure of 20 years with Equated Monthly Installments as low as RS. 976. As always, right amount of research pays.Contact our sales team for assistance.
Leagal Approval for foreign nationals to buy home In India.
Foreign nationals of Indian origin, whether resident in India or abroad, have been legally backed to purchase and keep immovable property in India. They are allowed to make payment either out of inward remittances in foreign exchange through normal banking channels or out of funds from NRE/FCNR accounts maintained with banks within India. Also on purchasing the property, they are required to file a declaration in form IPI 7 with the Central Office of Reserve Bank, Bombay within not more than 90 days from the date of purchase of Immovable property.
Location is Important.
The paramount concern when you relocate to a new home should be convenience. While deciding to buy a new home, make sure the location permits easy accessibility or proximity to such everyday conveniences like office, shopping etc. The location of the home should place you near to your work place with urban conveniences like shopping and public utilities within walking distance. Your kids must be able to catch the school bus at your gate. If the access road to your home doesn’t have at least 5meters width, it would be difficult for two vehicles to pass comfortably. Please also check out that the area has adequate power and water supply. Check out these factors before buying a new home.
Dream Flower
