This blog talks about the common mistakes that people commit while buying a 3 bhk flat in Mumbai. Read it to learn how to avoid them.
Visit:- https://medium.com/@bayacompanyindia/try-to-avoid-these-mistakes-while-buying-a-flat-in-mumbai-63bc3fca8956
If you are planning on investing in real estate in Mumbai then here is your guideline that will help you select the right real estate company in Mumbai.
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In India, buying a property is quite an apprehensive task for a middle-class person.
But somehow, a buyer is still confused over varieties of loans available.
Home loan Vs plot loansHomebuyers in India have two types of choices when it comes to purchasing homeBuilt-up/under-construction property orResidential plotUsage is clear towards the residential requirement of the buyer, in the case of built-up property, the plot seems more abstract.
But some key differences between the two are mentioned below.Basic differenceHome loans are used for buying a constructed or under-construction property.
Loan Type:The plot bought out of a plot loan has no fixed deadline to its construction or usage as a residential house.
In case of a home loan, the applicants can use the loan amount to buy a developed residential property or for construction of a residential building through a real estate agent.
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