A common man will never be able to have his own house the way things are moving in real estate. Take e.g If a flat cost is Rs. 60 Lacs & if a person has to shell out 85% he will end up taking almost 50 lacs as loan. Now let us findout out how many people will be able to shell out 50 thousand as interest every month from their income after meeting their requirements. Even after considering the benefits of income whether the real estate value will increase at the cost of interest. This is absolutely unreal estate business in India for a common man.
