Home loans scenario has taken a vast change and as people keep expecting the home rates and home loan rates to lower there seems to be no light of hope in the near future.There is though a rate correction observed in the year 2012 among builders and construction companies. Visiting many sites where new homes are being constructed in every country, especially the South Africa is showing great progress in offering home loans.A ray of light for budget homes in seen in the South African country and sales are beginning to increase though at a snails pace. In our city Mumbai, Going too far away in the suburbs was one option till last year 2010 which now seems futile. Even if you are willing to sacrifice precious energy and travelling time the homes constructed on the outskirts of the city also fall in the range of 30 to 40 lakh Indian rupees. The same case is happening in other countries. ...