Lawrence Barse
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- Mar 8, 2014
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Since this thread is reopened and the person who started this thread was last seen active on this forum in 2009, I'll leave my comment for anyone else interested in this topic.
I own 1 Acre of land in Pune, India. Bought it in Jan 2015. I paid for around 75% of the amount in cash and 25% of the amount through a personal loan. I've repaid the personal loan amount by March 2016. If it interests you, the Personal Loan came with an interest rate of 14.5%
Ususally, in India, you don't get a Property Loan if you want to buy Land, you do get a Home Loan if you want to buy a House and the interest rate of this Home Loan is mostly in the range of 9.5% to 11%.
Hope that helps.
I own 1 Acre of land in Pune, India. Bought it in Jan 2015. I paid for around 75% of the amount in cash and 25% of the amount through a personal loan. I've repaid the personal loan amount by March 2016. If it interests you, the Personal Loan came with an interest rate of 14.5%
Ususally, in India, you don't get a Property Loan if you want to buy Land, you do get a Home Loan if you want to buy a House and the interest rate of this Home Loan is mostly in the range of 9.5% to 11%.
Hope that helps.