Everything You Need to Know About Godrej Happy EMI

What is the first thing that comes to your mind when you think of buying a house? Capital. You need money to buy your dream house. And in today's real estate market, you need substantial amounts of it to buy one. Since paying a huge lump sum amount is not possible for most, people avail home loans to make the purchase. 

But, you will have to repay the loan in EMIs and the higher the loan amount, the higher the EMI. This EMI can also be unaffordable for many and so, they continue to live in rented accommodation. Godrej has recognised this problem and has introduced Happy EMI. Here is everything you need to know about them.   

1. EMIs

The main selling point of Godrej Happy EMIS is that it starts from only Rs. 9999. If you rent a 2 BHK or a 3 BHK in Tier I or Tier II cities, the rent will come to around the same amount. This implies that by paying the same amount as your monthly rent, you can own a house. And, since real estate is mostly an appreciating investment, the value will increase over time.     

2. Location

This EMI option is only available for those who purchase a Godrej property. So, you can only avail this option if you live in the cities of Mumbai, Banglore, NCR, Ahmedabad, Chennai or Pune since Godrej has multiple housing properties in each of these cities and you can take your pick based on the area that is suitable for you.     

3. Interest and Down Payment

The interest rate offered by Godrej is comparable to most home loans in the market. When you are booking the property, you will have to pay a quarter of the cost of the house to book it. This may seem like a big amount. But considering that your monthly financial burden can be reduced significantly, the cost of the down payment is reasonable. In addition, Godrej also offers many discounts and other amenities that make it worthwhile to invest in them. 

Buy a Godrej Property Today

Godrej has been consistently developing top-class properties. An investment in Godrej properties is always a good choice and one that you won't end up regretting. With Happy EMI, you can own your dream home without spreading yourself too thin financially.