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Tuesday 29 April, 2008

FLAT OR A HOUSE

1. I have been a firm propagator of owning a personal house rather than having a flat as a house gives me the owner ship of the house title, to modify it or restructure it from a scratch whereas in case of a flat a person does not have any land holding.

2. Thus so far I have propagated people to buy personal land because it is a gold miner and one can construct the same as per whims and fancies and who knows tomorrow one may be a billionaire courtesy the land crunch which is occuring in the market.

3. However take that much loan only with which one is comfortable. Moreover one should make sure that if area is prone to anti social elements than all said and done, one should go for a flat by virtue of social security available.

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