Home loan for buying affordable unit

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

Yash Panth, Ghaziabad

8th July 2013

Home Loan in Delhi

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home loan for affordable housing projects

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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, Delhi-NCR

17th July 2013

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

Shefali, Gurgaon

16th July 2013

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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, Noida

16th July 2013

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