If you are looking to buy your dream home in Ghaziabad, then [ninja_forms_modal_form id=5 text_link=”Contact Us “] and compare the best home loan offers from Major banks .
There is majorly 2 types of properties. First one is authorized property and second is unauthorized property.
Now the question is how to identify which area is authorized and which is not. The question is difficult but answer to this question is very simple.
Any Area in which government charges any sort of development charge from inhabitant like property tax / house tax / Sever tax etc, that area is authorized and area from which government do not takes any development charge is unauthorized area.
Authorized Property can be further classified in to 3 categories. And based on these category loan from different banks and NBFC can be availed.
1. Authority Developed –
In Ghaziabad there are authorities like GDA, Nagar nigam, UP Development Authority etc which developers and allots properties in different sectors and housing societies. They do all the formalities to get the approval from district and town planer for sanction of their projects and properties. Home Loans from almost every bank and NBFC is available on these properties. We have wide banks and NBFC tie ups to provide best home loan in Ghaziabad available as per clients profile and need in such areas.
2. Builder Developed and authorized –
There are many builders in Ghaziabad like Gaur, Assotech, Ashiana, Supertech, ATS, Mahagun, Aditya, Jaipuria, Amrapali, Shipra, Exotica, Parsvnath etc which either construct properties or allots land for residential / commercial and industrial purpose. When they executes any project they takes necessary permission from competent authorities for clearance of project such as fire department, forest department, civil aviation, district and town planer etc.
Home Loan on builder properties are available from few bank in their construction time. It is because banks underwrites projects based on economical and other feasibility and on reputation of builder they offers different loan schemes on any project as construction linked, flexi payments, down payment or subvention plans.
After possession being handed to customers, Home loans are available from all banks on these properties.
We have wide banks and NBFC tie ups to provide best home loan available as per clients profile and need for purchase of home in such properties during construction phase and possession phase.
3. Unauthorized to authorized converted –
There are many colonies in Ghaziabad like Khora colony, Govindpuram colony etc which were sold by land owners to people without getting any clearance from any authority for using that land for residential / commercial or industrial use. But after area got populated and on request of such inhabitants these areas are converted in to authorized. After authorization, government charges appropriate development charges from these area and provides people with necessary amenities and cleanliness.
Home Loan in such colonies are generally not extended by privately held banks and NBFCs but few nationalized banks offers Home loan in such areas on completing some conditions as House tax payment and necessary map getting cleared from Nagar Nigam or other local authority. We do coordinates such home loans in authorized colonies from Banks and Institutions.
Properties which are sold by land owners to people without getting any clearance from relevant department for conversion of use of property are not authorized by government agencies for using that land for residential / Industrial / Commercial use.
Home Loans on these properties are not available for purchase and construction from Private and nationalized banks and NBFCs. But we do coordinates such Home loan for housing purpose from few housing finance companies. Loan is coordinated by us for purchase of land and construction of house.
For such Home loan, non availability of few documents can be relaxed. But generally repayment capacity of borrower is prime objective for Home loan. We coordinates Home loan in such colonies / Lal Dora Land.
Joy Loan is expert in providing Ghaziabad Home Loan . Where as other loan agency which has multibank tie up are not locally based. So when you go to some one else for Home Loan in Ghaziabad you some goes to one who is exclusive to 1 banker. Due to which they are unable to extend best product available in market and quality service.
We have Franchises from leading Banks and NBFC’s for home loan in Ghaziabad. We have coordinated with Leading Banks and NBFCs Like SBI, Indiabulls Housing Finance, HDFC Ltd, DHFL, ICICI Housing Finance, First Blue, PNB Housing Finance, Canfin Housing Finance, etc. to get you the best interest rates for home loan in Ghaziabad.
Our Advanced EMI calculator will tell you everything you need to know before you takes a Home Loan in Ghaziabad
To Serve Home Loan in Ghaziabad it is essential to have complete knowledge of procedures required locally and implement them transparently. Actually our essence is transparency, that is why we tell you what other hide. Aimed at helping you make the right choice, we provide objective and transparent information about your loan options. This is due to fact that we are not exclusive to any bank and we have multi bank tie-ups.
With Joy Loan you can compare home loan offers, and get quick and prompt Home loan in Ghaziabad.