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Home > Forum > Delhi > Home Loan > Home loan for buying affordable unit

Home loan for buying affordable unit

Q: Are loans available for affordable housing projects? Is there any issues in getting loans for these projects?

home loans
affordable housing projects
reale state in india
home loan for affordable housing projects
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Delhi Home Loan Home Loan in Delhi
Replies (4)
1
You are right guys. Though loans are available, many buyers cannot afford to borrow. There should be some change in system of getting home loans for affordable projects. It has to be made easy for low-income people.
Neha Srivastava


2
Problem lies with pricing of these apartments. They are not in a affordable range so what’s the point in calling them affordable.
Shefali


3
Main issues is that many buyers will not be in a stage to afford the loans. Because they will have to pay monthly EMI’s. And the problem is that monthly EMI amount should not exceed 30 percent of the buyer’s monthly income. Many people would not have a good salary to afford this.
Indu dixit


4
Yes. loans are available in approved banks.
Tamal


5

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