Bank Loans and Financial Schemes to boost the Mumbai Property Market in 2017
Home Buyers in Mumbai property market are in for a good cheer. With Bank Interest rates coming down, the EMI on the loan will also proportionately come down.
Under the Bank Subvention scheme the Builders typically will get a better rate of Interest to launch a financial scheme as they will have to pay far lesser interest rate if they offer a Interest Subvention scheme to the Home Buyer.
In a subvention scheme, the home buyer takes the Bank loan and interest is serviced till possession or till the time committed by the Developer. This proposition or financial structuring/scheme makes it very easy for the Home Buyer as he pays the Down Payment of any where from 5% to 20% and at the time of possession he/she starts either paying his/her EMI or fore closes the Bank Loan.
Currently, in Mumbai, these Schemes are offered in a lot of projects.
A few projects which have seen growth in Sales due to the Subvention Scheme in Mumbai are :
1. Acme Ozone, Thane
2. Acme Boulevard, Andheri East
3. Mirabilis, Santacruz East
4. Naman Habitat, Andheri West
5. Runwal Bliss, Kanjurmarg
6. X BKC, Bandra East
7. Rustomjee Aurelia, Thane
8. Kanakia Paris, Santacruz East
For more information on these, please call - Sandeep Sadh - email@example.com - +91 9820030685
Tags - Home Loans Mumbai, Structured Financial Schemes, 20:80 Bank Loan, Acme Group, Acme Boulevard, Acme Ozone, Miarbillis - Ozone Group, Naman Group - Naman Habitat, Buy Home In Mumbai, Mumbai Property Rates, Mumbai Property Prices, Radius Developers, Rustomjee Aurelia, X BKC.