Loan for Plot Purchase in Delhi, Gurgaon, Noida, Faridabad & Ghaziabad
You can get Loan for Plot Purchase from leading banks on Home loan Interest rate. The only point is Loan for Plot Purchase is offered for maximum 15 years. Even banks insists on providing 5 year construction time undertaking to ensure that purpose of plot purchase is Housing and not investment.
Under Loan for Plot Purchase you can get money for purchasing a residential & commercial plot. The plot to be purchased should legally and technically be acceptable for the purpose of creating mortgage. For availing Loan for Plot Purchase , following conditions should be full filled:
- The plots developed only for residential or commercial purposes are eligible for availing of Loan for Plot Purchase.
- The plots that are to be financed must be authorized by municipal or government development authorities and should not be located in the defined negative areas.
- The plot should be developed by approved builders or Statutory Housing Development bodies, such as HUDA or DDA under approved projects. If the plot does not fall under an approved project like in case of resale, then the plot is required to be·located in a defined area with in the city limits.
- The Loan for Plot Purchase is not extended for plots to be used as agricultural land.
- One of the key conditions put forth by the banks for giving Plot purchase loans is lower exposure on the value, most of the banks restrict it to 60 to 70 per cent of the registered value.
NRI & PIO can take Loan for Plot Purchase for residential plot purchase only. You can also take plot purchase loan from you leased property’s rental (LRD). If you require to make house or commercial premises on plot, you can choose to take construction loan from same bank or NBFC
Though generally plot purchase & construction loan is not available on unapproved areas, but we can coordinate such plot purchases for end use housing purpose under unapproved property loan
Lowest Rate of Interest on Plot Loan
We are associated with leading banks and NBFC which are offering lowest rate of Interest in India. We offer Loan for plot purchase from HDFC, SBI, Axis Bank & ICICI Bank and other leading banks & NBFC. Interest rates on Loan for plot purchase can be low which depends on aspects like total amount of loan applied for, your profession, maximum period of repayment etc.
We request you to get in touch with us to check current lowest Loan for plot purchase rate of interest offers from leading banks in 2013.
Quick Approval For Plot Purchase Loan
We are specialist for Loan for plot purchase We facilitate quick approval for Loan for plot purchase. If you have finalized plot, we can get you loan disbursement on availability of all loan documents. In case you are searching for plot and want to take pre approval of Loan for plot purchase we can get you quick loan approval in 1 week subjected to your eligibility and availability of necessary documents. You can apply online to provides us with your Loan for plot purchase requirement.
We are local, experienced, professional partner for your plot loan requirement. We provides quick service for Loan for plot purchase in Delhi / NCR (Delhi, Gurgaon, Noida,Faridabad, Ghaziabad) or any where else in India. We provides reliable home loan service to NRIs & PIOs any where in world when they choose to buy a property in India.
Loan Against Plot
Apart from arranging Loan for Plot purchase on yet to be purchase plot, We provides refinancing on recently purchased plot. But if your require loan against plot you had purchased more then 6 months ago, we Can get you loan against plot. Though many banks don’t offer loan against plot. But due to our wide banks tie up and vast market understanding we can provide you loan against plot