Homeward Bound

Buying a house is very special for anyone. Not only it is a matter of pride, but it also is a major landmark moment in one’s life. A lot of money and effort goes into finding that perfect house that fits your personality and serves all the requirements of your family. And, since it is often the biggest purchase one makes in his or her entire life, making all the right decisions is of paramount importance. Buying a home at the wrong time and without proper homework could prove to be a costly mistake as many homebuyers experienced. They end up paying their EMIs for almost a decade yet fail to get the possession. The ‘dream home’ remains elusive. The last few years have seen a slew of policy measures to make home-buying a more attractive financial decision. The home loan interest rates are at a record low, the prices of homes have also become marginally lower, the demand...