thanks sanjeev for prompt advise....i agree with u but there is one hiccup...small plot and that too manageable is nearly impossible to find in today's scenario..what to say ....
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Originally Posted by sanjeevr
I don't think so as you will be paying a huge amount of interest in initial years and almost 90% + of your prinicipal will still be outstanding after initial years. So, investing using Home Loans is never a good option.
However, its good to use a personal loan + some savings and invest into a small plot...in that case it turns out to be a good investment. This is because Personal Loan tenure is short and interest you pay is not that much. So, even if you decide to repay your loan after two years, you may stand to gain from it. The only limitation is the EMI is on higher side because of short duration. So, it will depend on how much loan do you intend to take.
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