Hi Ashal&Manish and Experts,
I have booked an under construction flat 3 months ago and it is possesion by Jun 2013. The flat cost is 38 lacs. I have paid 20% and home loan sanctioned for 26 lacs under SBI MAXGAIN for 20 years. Also 14.5 lacs are disbursed from loan to the builder.
I need to pay remaining amount 4.4 lacs and registration from my pocket itself.I will get this amount in next 6 months from my savings.
Recently my father has sold his plot and given 10 lacs to me. So now my question is whether I stop taking remainig loan amount and pay this 10lacs amount for my home? or should I take full loan and invest this 10 lacs into some other investment for long run may be 15+ years? or any other suggestion?
Appretiate your suggestions.
Thanks all in advance!!