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Showing posts from September, 2017

Home Loan Procedure

Over the years, home loan procedure has gone through tremendous change with increasing competition among public and private Banks and Housing Finance Corporations. Many lenders (கடன் வழங்குபவர்கள்) may offer you freebies and entice (சேர்ப்பதற்கு) you to take home loan from them.  However, you should be aware of theirs tactics. You will be better prepared to handle your home loan if you know the entire procedure beforehand. There are several steps in the Home Loan Procedure in India. In this guide, we will take you through the entire process of home loan step-by-step. Home Loan Procedure 1.Compare Interest Rates (வட்டி விகிதங்களை ஒப்பிடவும்) The very first step in the home loan procedure is to compare interest rates online. BankBazaar is a good resource to compare home loan interest rates. Needless to say that you should go with the lowest interest rate. Tip – Some Banks may offer a much lower interest rate for initial 1-3 years and then interest rate will i...

Low Cost Housing Techniques

Low cost Housing is a new idea that deals with cost effective construction and following of techniques that facilitate in reducing the price construction through the utilisation of regionally available materials together with improved skills and technology without sacrificing the strength, performance and lifetime of the structure. There is huge misconception that low cost housing is appropriate for only sub standard works and that they are constructed by utilising low cost building materials of competitive quality. The fact is that Low cost housing is completed by correct management of resources.Economy is additionally achieved by postponing finishing works or implementing them in phases. Building cost The building construction value will be divided into 2 elements namely: Building material value : 65 to 70 % Labour value : 65 to 70 % Now in low cost housing, building material value is a smaller amount because we build use of the regionally available materials and ad...