Wednesday, November 11, 2009

still paying rent.......

It is a middle class dream to own a house. When the whole world's realty had taken a beating because of economic downturn. Indian realty companies have made a re-jig in the sales budget. Even banks are en cashing the situation by offering novel schemes to the customers. Many big realty realty companies have slashed their costs and offering houses at an affordable prices.

But, these housing units are coming up in the heart of the city. City's suburbs are witnessing many multi storeyed apartments. Even after owning the apartment they ought to fork out a sum of Rs.4000/- or Rs.5000/- as apartment maintenance in addition to the monthly EMI to the housing loan. Which means the apartment owners still remain a tenant ......