No one is going home shopping during a lockdown. But once things start returning to normal, home shopping would not be a bad idea.
Real estate prices are reasonable. Loan rates are also affordable – as low as 7.9 per cent for certain banks.
The maximum tenure offered by most lenders is 30 years, which makes the EMI much more affordable.
If you get a step-up loan repayment option, your EMIs will be smaller in the initial years of the tenure.
They will increase with time, but by then the economy would have recovered from the impact of the Coronavir.....