Buying a residential property in India is very expensive as a result of the constant upward trend in prices of the property over the last few years. Earlier, a residential property including a house, flat, villa or plot could be bought using your savings only but now even this has become a distant dream. The whole struggle of every prospective property buyer is arranging adequate amounts of money to take care of the requirements for a Home Loan as well as other required expenditures including the registration charges, tax-deductible at source as well as statutory duties.