Property market in Year 2001 -2004 was quiet Ok , People were able to buy Flats in reasonable rates . Year 2005 -2006 , Some of the well known builders started the rates boom , flat which was at the cost of Rs.900 Sq Ft now became 2200 to 2800. Same Scheme/Area , Flat sold at 10 Lacks Now selling at 25 Lacks. Last Year , Bank gave the loan's at flexible mimimum rate,Now Banks has sufficient number of customers , (Trap) Slowly Banker's increasing interst at % 0.5 every month . IT People Who bought house for 22 Lacks for 20 Yrs , Now became 23 Yrs with raise of 0.5 % .
2006-11-10
17:24:21
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8 answers
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asked by
ram kiran
1
in
Renting & Real Estate