Merlin Paradise, the Eden of tomorrow

Merlin Paradise is the most prestigious project in Nagerbazaar. The mesmerizing architecture is encompassed within 75% open space to create an environmental extravaganza.  To bring Paradise to earth is the novel interpretation of Merlin Group. Merlin Paradise brings life closer to nature; full of water bodies and greenery, luxury personified.

Welcome to Merlin, Welcome to Paradise

Air conditioned apartments| B+ Gr + 11 storied, 4 towers| Awe inspiring elevation| Most apartments facing landscaped water bodies and garden| State of the art club facility | Hi- street retail| Adequate car parking in basement and at ground level

Relaxation beckons in Paradise

·         Air- conditioned indoor games room

+Table Tennis + Billiards + Carom

·         State- of- the- art Air conditioned Gym

·         Badminton Court

·         Air conditioned crèche

·         Air conditioned community hall

·         Spa

+Steam +Sauna + Swimming pool

·         Balcony with every apartment

·         Roof with planters, gazebo and usable areas

Specifications

·         Air condition apartments- Split air conditioning in bedrooms and split air conditioning in the drawing room

·         Water Supply 24x7

·         Electrical- Provision for adequate light points, geyser point in bathrooms. Modular switches of reputed brand

·         Flooring- wooden flooring in master bedroom. Designer vitrified tiles  in Living Dining and all other rooms.

Your dream home is just a few steps away

Home loans help you realize your dreams of buying the house you have always wanted and also help save tax. A home loan is an essential part of any home buying endeavour. The key to getting your home loan in a smooth way is being familiar with the entire home loan process.

Beginning the home loan process

The process of getting a home loan starts with a formal application for the loan. The application form requires certain basic information about you which includes your personal, residential, income, employment, educational details, and details about the property, estimated costs and current means of financing the property. The requirements often vary bank to bank.

The application form must be supported with valid documents to substantiate the facts. Generally the banks ask to submit the following documents.

• Income proof
• Age proof
• Identity proof
• Address proof
• Employment details
• Proof of educational qualifications
• Details about the property if finalized
• Bank statements

The purpose of the entire exercise is to ascertain the suitability of the applicant for a home loan. The income documents and bank statements provide vital clues to the bank regarding your financial health.

The concept of processing fee

An important thing to note about home loans is the processing fee. Banks charge a processing fee for every home loan application. This fee is non refundable. The processing fee also varies from bank to bank and is generally from 0.25% to 0.50% of the loan amount. This fee is used by the bank to start and maintain the home loan process including completing the various formalities during the entire period.

Although there are a few points that should always be kept in mind

Additional charges to be kept in mind

When you are applying for a home loan, you need to be educated about the various charges that the lenders add to the current scheme. The additional charges fall under the amount sanctioned in your name and not on the amount you take home.

Read the fine print of the agreement

Even if the home loan agreement is a bulky document, read it carefully.

Never Leave a Doubt

Applying for a home loan might seem easy but it comes with its own set of complications. So, never leave a doubt in your head which may lead to complications later on.