Thursday, July 16, 2009

Don't hurry to construct your house

IF you have purchased a plot on which you want to construct a house. Follow these ideas :

Don't hurry to construct a house immediately after procuring a site

Plan in advance how to construct, what is the expected cost on which you want to construct

Start to save money from your monthly/daily earnings for your dream home

Don't pursue for a loan for the entire cost of construction. Atleast you should have 50% money with you in the form of cash, chit money to be received and deposits, if any.

Then you apply for a loan preferably with your employer if it is Govt.

ALL THE BEST