2 BHK Builder Floors for Sale in Poonamallee Chennai

As a suburb located in the north of Chennai in Thiruvallur district, Avadi is witnessing a steady growth in real estate activities. While there are a number of factors that make the area a potential destination for investment, affordability and good connectivity are the ones that top the ladder. If you have a restricted budget of Rs 30-50 lakh and yet you are looking for features such as infrastructure and connectivity, Avadi in Chennai could be the end of your search.

MakaanIQ lists the documents you need while applying for a loan to buy a resale home.

In a recent hearing on May 16, the Supreme Court has stayed the liquidation proceedings against the Jaypee Infratech and has asked the builder to deposit Rs 1,000 crore by June 15 to refund homebuyers. Now, the matter has been listed for hearing on July 4.

If you are buying property in Maharashtra, acquiring 7/12 document is mandatory. This two-part document talks about the ownership, the occupancy right, the liabilities and the details related to agricultural use of the land. The extract is maintained separately for every village. The 7/12 document is required for non-agricultural land as well. Now, landowners will be able to access the 7/12 document online on two government websites- Mahabhulekh and Aaple Sarkar. These extracts are available with digital signatures and can be used as official ownership document.

Since RBI has waived prepayment penalty on floating rate home loans, this can be a good time for homebuyers who want to get rid of their mortgage as soon as possible. Borrowers can also tweak their EMI structure and make partial payment of your loan to save money in the long run.