There are many challenges to fulfilling your dream of owning a home. Because we do not have to have all the money to build a house. If you rely on banks in such a situation, they will charge a very high interest rate for the home loan. Moreover, it can lead to major financial difficulties in the future. But here’s an idea that will make any ordinary person’s dream home a reality. And no matter what district you want to built in, this way you can easily fulfill your dream of home.
All you have to do is repay the interest-free loan over a period of 50 months. In Thrissur, Malappuram and Palakkad districts the price is Rs 1400 per square feet. In different districts the price per square feet will be different. In Kannur and Kozhikode districts the rate is Rs 1450 per square feet, Wayanad Rs 1500 and Thiruvananthapuram Rs 1550 per square feet.
What are the other features of such a housing project?
The home builder will need to find all the door, windows, and floor. Everything from the belt work to the keys to the last part of the house is available from the company. That means you get 50% of the amount you need to build a house from the company. The remaining 50% must be taken from the depositor. The loan has to be repaid from next month of the loan. If you intend to build up a house worth Rs. 20 lakhs, you have to get half of it i.e. Rs. 10 lakhs from the company and repay the loan from next month.It may be a bit difficult to pay in the first year but the amount you pay later will be less. Anyone can take advantage of such a golden opportunity to fulfill their dream of owning a home. Watch the video to know.
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