wohh i can see subra smiling when a Person earning 3 Lakh per month wants to take a loan for 2.5 crore property and have no assets,where exactly do these kind of people burn their money ?
if a person earning 3L wants to buy a property worth Rs. 2.5 crore and the whole of it borrowed..it means he will be borrowing 8x his annual income. Sounds insane. What was the doing with his money – that he has NO MONEY to pay the down payment? beats me. Says he can pay the full 3L as EMI…so he will live off his parents? and he is just 30 years old. Does he have a sustainable salary of about Rs. 60L? too many unanswered questions..so could not say much.
nitin bourai
wohh i can see subra smiling when a Person earning 3 Lakh per month wants to take a loan for 2.5 crore property and have no assets,where exactly do these kind of people burn their money ?
subra
if a person earning 3L wants to buy a property worth Rs. 2.5 crore and the whole of it borrowed..it means he will be borrowing 8x his annual income. Sounds insane. What was the doing with his money – that he has NO MONEY to pay the down payment? beats me. Says he can pay the full 3L as EMI…so he will live off his parents? and he is just 30 years old. Does he have a sustainable salary of about Rs. 60L? too many unanswered questions..so could not say much.