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All You Need to Know about Commercial Property Loans Taking a loan for residential property is a common thing nowadays but there are many people who want to take a loan for an office space or for an outlet but they are not able to get as they have very limited knowledge on it. Yes! It is possible to get a  commercial property loan  as some banks provide this facility. But there is differences when you go for a residential property loan and a commercial property loan which you need to know. You can get a commercial property loan to serve either of the two purposes: For an office space For outlets These two categories can be further categorized into two – ready to occupy and under construction. A majority of the lenders hesitate to lend for the commercial properties and the reason behind this is most of the people who apply for a commercial property loan are investors. The lenders are happier to lend a commercial property loan to the individuals who want ...
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What are affordable home loans and how they impact you Housing projects: Then and now For a long time most of us watched as developers launched premium projects one after another. Each one promised better amenities, location and quality than the other. So much so, that supply of flats was soon more than the demand. So, many projects were left with unsold units. But most of these projects were beyond budget for the common man even if he took a home loan. So a large section of our population was completely neglected. This picture has been changing rapidly over the past few years. Affordable housing is the new mantra. 3 Categories were identified under the Pradhan Mantri Awas Yojana last year: Economically Weaker Section (EWS) – With family income less than Rs.3 Lakh a year Low Income Group (LIG) – With family income less than Rs.6 Lakhs a year Middle Income Group (MIG) –  With family income less than 12-18 Lakhs a year   The Government is working in Private ...
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