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I was looking a commercial property in gurgaon with very limited budget and not able to get fair deal in gurgaon, thanks to City Space India who guided me very well and able to give a fair deal of the commercial property with in my budget on good location. I sincerly thanks to City Space India for their best guidence and all the efforts made for me.
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Home Loan
A home loan is a loan taken for buying or assembling a home or to make improvements to a residential house. You can get a loan from banks and registered housing finance businesses.
Your home loan is protected against the property that you purchase. This means that in case you are incapable to repay the loan, the lending bank will have the right to take possession of your home.
Ans: There are a variety of home loans available. They are:
1.HOME PURCHASE LOAN
This is the common loan for purchasing a home.
2.HOME IMPROVEMENT LOAN>
This loan is given for implementing repair works and renovations to your home.
3.HOME CONSTRUCTION LOAN
This loan is available for the construction of a new home.
4.HOME EXTENSION LOAN
Home extension loans are given for expanding or extending an existing home.For example, addition of an extra room, etc.
5.LAND PURCHASE LOAN
This type of loan is sanctioned for purchase of land, for both home construction or investment purposes.
6.BALANCE TRANSFER LOAN
Balance Transfer loans help you pay off an existing home loan with a higher interest or investment purposes.
7.LAND PURCHASE LOAN
This type of loan is sanctioned for purchase of land, for both home construction rate, and avail of a loan with a lower rate of interest.
8.REFINANCE LOAN
This loan helps you pay off the debt you have incurred from private sources such as relatives and friends, for the purchase of your present home.
9.LOANS TO NRIs
This loan is tailored for the requirements of NRIs wishing to build or buy a home in India.
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