I am working as a call center executive,looking out to buy a property.How do I ensure buying the right property considering high interest rates and increase in rates nowadays?

abhishek.singh1515,

14th September 2011

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Hi Apoorva,

I agree Home Loan EMI should not exceed more than 30% of your monthly salary and you have to verify the genuineness of the documents.
Thank you

Srinivas , Chennai

14th September 2011

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Buy a property is a very complex decision. Home Loan interest rate and increasing property rate makes the investment decision more complex. The salaried person or working professionals must know what the ultimate aim of buying the property such has for actual self use, renting out or another investment etc. This will surely ensure you are buying the right property for right purpose.

Srinivas , Chennai

14th September 2011

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1. Always buy a property which has a higher commercial activity. 2. access to the property 3. your loan EMI should not exceed more than 30% of your monthly salary. 4. Choose property close to infrastructure developments to reap future gains. 5. in the End, always be prudent while buying and check the credentials of the builder and verify the genuineness of the documents.

Apoorva Ram,

14th September 2011

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