Dear Dimers,
For a long time in a dilemma whether to buy a home in Chennai or not as financially not strong. My native is a village 150 km from Chennai. Since I am working in Chennai, I brought my entire family to Chennai. I am looking individual villa type 2 or 3 BHK with minimum 1000 sq. ft. I don’t have much savings but can try to arrange that 10% -20% down payment. Please suggest, Appreciate your response.
1) what kind of home loan is best ? and how long? which institution?
2) If you know which area is better for air quality and water quality please suggest? prefer south chennai
3) Best builders based on your experience (quality, cost)
4) Do I need to take life coverage separately or loan providers will include that? if separately who is the cheap and best provider?
5) Any check list so that I aware of nitty-gritties