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Required suggestion for purchasing commercial property

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(Querist)
28 December 2018 Dear Experts,
I am planning to purchase a shop in Navi Mumbai, currently market value is 1.45 Cr in which agreement value is 80 lakhs. Should I opt for overdraft loan, loan against property or term loan.

Your quick response will be highly appreciated.

Thanks
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
28 December 2018 Overdraft loan is for working capital. For acquiring fixed assets go for loan against property.

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