I am a teenager and i found this article really very helpful. Rediff should keep educating us by collecting such beautiful and intelligent articles, which can mend teenagers like me into a smart and aware citizen.
After all it is the responsibility of media(electronic) to construct good building blocks for tommorow.
It was gr8 to go thru the article. Wud have loved to get more details like are the interest rates varied with the loam amount being taken from a particular bank or it is fixed. Does it make sense to check with all banks to see what rate they are offering or this rate is the same with all the banks. And also I have heard that home loans should be taken from nationalised banks and not the private ones.How far is it true? If you could please throw some light on these aspects,it wud be of immense help cos I'm looking forward to buying a home soon.
I need a small clarification, if I want to buy a vacant land, can I avail rebate on it or is it only for constructed & construction of houses. Pls let me know,