Subsidy scheme of things, when participating to remember

Patna-based doctor Pramod Kumar has been trying to buy apartments in the metropolitan area, for some time now. Recently, scanning newspaper ads placed on developers, Kumar met funding schemes and deferred payment plan proposal. He wanted to know if these are indeed advantageous because these ads made out of people.

What is the offer?

Developer offers three types of plans. The first is its price buyers pay 10-20% of the apartments at the time of purchase subsidy program. The balance is paid by the bank for the loan to the developer based on the three-way agreement developer, the buyer and the banks. While the project is under construction, the developer paid to interest on bank loans. Bank money to developers as the building ..

SOURCE : WEB