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Your guide to various types of home loans (1)
Yes, this is also a type of housing loan. Its name clearly indicates it is for purchase of a home. You can avail this type of loan to buy a new apartment, bungalow, or row house from a development authority. It can also be availed for purchasing a resale property or for construction of a house on a plot of land.

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Your guide to various types of home loans (1)