For me, as a middle-class man, it is a scariest of things to build a house of own. It wears you out even before the actual work of building a house. Because it is supercritical and hard to get funding for the middle-class people like me. Luckily enough, I have a government service with a very minimal salary. The Assam Government has announced the scheme known as ‘Apon Ghar’ or ‘Own House’ with 5% approx interest rates. Hearing the scheme brought juice to my mouth. Finally, I would have a house of my own, I thought. Because it will take only a very small amount of document compared to the large heap of documents for other general housing loans, it claimed.
But Hola! When I have embraced my waist and get set to acquire the documents then only I came to know that it also requires a mountain of documents from land to salary slip, Engineers masterplan to many signatures of DDO. It is an endless battle for me in order to get that loan to build my own house. After many hassles, I was able to gather the documents but in vain. I came to know that the salary account should be transferred from the United Bank of India to the State Bank of India because the loan was provided by SBI. I have personally consulted the Branch Manager of UBI bank. He always assured of coming to the facility to their branch just next month which never came. I was able to claim for the ‘Apon Ghar’ loan only after the SBI has made a change to their process of enrollment for the other bank’s salary account holders. Finally, after many months of wait and rigorous hard work I was able to get the Housing Loan provided by the state government of Assam.
Now the construction is going on and I am very positive that it will complete after a couple of months. But the beginning was very hard. Whenever I asked people about building a house they only tell, show the negative expects of the process. One of my colleagues answered that it is very hard to construct a house and takes so much money. He was building a house of two slabs and completed the ground floor. He told me that 25 lakhs was gone and still counting. Whereas, the loan amount will be only fifteen lakhs which I will get.
Whenever I asked people they doubled or even tripled their expenses. One of my girl friend’s father had built a house with the ground floor completed and an additional slab with it had cost them 35 lakhs, as she told me. I was more than shocked by it. I estimated that my house with one slab and the ground floor will cost me maximum 16 lakhs. Actually, it depends upon you how much you want to spend. As I have told you that I am a middle-class man, therefore, my house will be built on budget suited for me. That’s it. If you want to construct your own house for whatever reason just wait till the right moment and take benefits of schemes provided by the Central or State Government.