Loans
Against Property, Insurance Policies, EPF, PPF, FD,
Gold ...!
If
you are falling short of the required down payment for your new
house, investments made earlier could come in handy With
soaring real estate prices, buying a residential property poses a big
challenge now.
The
buyer may take a loan / or debt from the bank, but the minimum down
payment has to be managed mostly from own accruals. If one is falling
short of the required amount, investments made earlier could come
handy, along with some running around & paper work.
From First Capital Advt |
For
buying a house not fitting into the household budget, a sizable
corpus can be built from investments made in public provident fund
(PPF), employee provident fund (EPF), life insurance policies,
already-held property, gold jewellery, bank fixed deposits (Fds),
Share and Mutual fund investment certificate, etc.
Mr. Suresh Sadagopan, Founder, Ladder7 Financial Advisories. |
Mr.
Suresh Sadagopan, Founder, Ladder7 Financial Advisories (http://www.ladder7.co.in/) said “FDs,
LIC of India Policies, PPF and EPF are certainly better options for
loans, if it’s a big amount then loan against property is better,
EPF and PPF should not be touched as they are difficult to accumulate
once taken out” .
Ladder7 Financial Advisories
Office No. 9, Neel Empire,
IDBI Bank Lane, Sector - 25,
Nerul(E), Near Jhama Sweets
Navi Mumbai - 400 706. India
Mobile : +91 9820025941
Telephone: +91- 22 – 2772 2069
+91- 22 – 6534 4219
Email id:info@ladder7.co.in
Web Site: http://www.ladder7.co.in/
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