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Updated over 9 years ago on . Most recent reply

MANSOOR CHERUKAT's profile image
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MANSOOR CHERUKAT
  • from KOZHIKKODE, KERALA
  • Member since Feb 16, 2014
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MANSOOR CHERUKAT's profile image
MANSOOR CHERUKAT's profile image
MANSOOR CHERUKAT
  • from KOZHIKKODE, KERALA
  • Member since Feb 16, 2014
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MANSOOR CHERUKAT
  • KOZHIKKODE, KERALA
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Starting Out

MORTGAGE rate India

MANSOOR CHERUKAT
  • KOZHIKKODE, KERALA
Posted

I m from India, planning to start real estate investment in rental properties. When I approched banks the rate of Mortgage loan is about 12-14%. Is it possible to make a profitable investment with this high rate of loan. I m a Civil Engineer in State department, planning to do as part time investor. Please advice..

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