Real Estate Home Builders and the Concept of EMI Sharing
Mon, 07/19/2010 - 14:21 — LIG ReporterEquated Monthly Installment (EMI) sharing is a unique idea that has been introduced by real estate home builders. The scheme targets those customers who find it difficult to make
EMI payments, during the construction period. You may already be aware that an EMI sharing allows a home loan borrower to refrain from paying installments till he/she secures possession of the apartment. Instead, the builder will pay the EMI, on his behalf, for a fixed period of time. However, the builder will pay the interest alone and not the principal amount. Remember, it is important to choose a reliable real estate home builder who has a proven track record and a good reputation in the industry.
How to Choose the Right Real Estate Home Builder
Tue, 05/25/2010 - 17:10 — LIG ReporterBuilding a home is a once in a lifetime investment and so no one wants to take any chances. A thorough and detailed analysis of the various builders and the housing schemes offered by them should be done before taking the final decision. Some unscruplous real estate home builders may have bought the land on lease and tried to pass it off as their own to make quick money. As an investor, you have to ensure that you do a complete check on the builder's credibility. Although the Indian real estate industry has several big as well as small players, it is important to remember that there is no regulatory authority to check their functioning. In such a scenario, investors have to very careful while taking their real estate investment decisions.