The cash remaining after completion is my main constraint, not the lender’s maximum. A 5-bedroom duplex in Delhi would cost about ₹61,790,000, and my current estimate leaves approximately ₹2,171,000 once the deposit and purchase expenses have been paid.
That sounds like a reasonable sum until...
That sounds much more workable. I would add one final scenario to your questions: “The purchase completes, the property is ready, but the preferred applicant withdraws just before signing—who does what next, by when, and for what additional fee?” A concrete failed-transaction scenario often...
I’m comparing my current rental with a similar Delhi apartment priced around ₹98,530,000. The mortgage, tax, maintenance and association dues would put ownership well above my rent, although part of the mortgage payment would build equity. I may also move within five to seven years.
How would...