Wednesday, February 11

Housing Finance & Home Loans - Chennai

The Home loan sector in Chennai is the pi-votal role player in the growth of the real estate scenario in Chennai. With tax incentives given to the housing finance sector in the annual budget of 2001, transactions related to buying and selling of residential properties increased considerably and was much higher as compared to previous years.

Since the new class of buyers are relatively younger set of customers who are more aware about legal documentation and approvals, buyers are now more 'end-users' rather than investors; the property market in India undergoes transformation to align itself with global standards with an increased emphasis on quality & cost control and documentation methods. It can be said that housing finance companies were formed for co-existing with buyer's requirements of housing loans for investing in properties. Home Loans are made available by financial institutions to both Indian and NRI customers at floating and fixed rate of interest and also at attractive EMI options.

Types of Loans

Home Loans
Business Loans
Commercial Vehicle Loans
Personal Loans

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