Home Loan
Normally Home loan is provided on basis of proposed design. Bank Valuates property at 3200/sq ft of Built up area and offers upto 80% of construction cost as work progress in installments. so if you have design of 3000 sqft building, bank valuate it for 96 lakhs and offers 76 lakhs for you as home loan. you must have income proof of double of montly EMI and initial budget of 20% to build a home. so, Taxable income,proper design & seed investment of 20% is needed for Home loan.