Latest Answer: Hi everybody,
A lot of small developers advertise low-cost properties in small towns and suburbs. Don't trust them blindly.
Until there are entry barriers and tough rules for developers, it's your responsibility to verify the builder's credentials.
Latest Answer: Definitely having a loan is good to build up your credit history. Make sure you that all the repayments are done on timely basis and there shouldnt be a single default. You can also build your credit history by applying for a credit card as it's considered as a revolving credit. You can use the credit limit upto 30% and make payments on a regular basis. To know how you can built your credit fast visit http://www.yourcreditscorebook.com/blog/build-your-credit-score-fast/
Latest Answer: Hi Preeti,
As per my knowledge, recently, a number of developers have come up with subvention schemes, where property buyers need to pay a small amount of the property at the time of booking and the rest can be paid at the time of possession. This schemes are new a new form of bank financing for home loans.