Land Purchase & Construction Funding

This loan facilitates the purchase of any parcel of land and the subsequent construction it. Borrowers can opt for a loan that covers both land purchase and construction costs.

8. Land Purchase & Construction funding
Years Industry Experience
0 +
Bank Associations
0 +
in Funding Approved
Upto 50 Cr.
Clients Served
0 +

Benefits & Features

Attractive Interest Rates

Competitive rates to make borrowing affordable.

Flexible Tenure

Repayment periods extend up to 20 years, allowing manageable EMIs.

No Prepayment Charges

For floating rate loans, borrowers can prepay without incurring additional fees.

High Loan-to-Value (LTV) Ratio

Financing up to 75% of the plot's value and 80% of the construction cost.

Eligibility Criteria

Age

Applicants should be between 18 and 65 years old.

Residency

Indian residents are eligible.

Income

Stable income with proof through salary slips or IT returns.

FAqs

Can I purchase a residential plot and construct later?

Yes, but construction typically needs to commence within a stipulated period, usually 2 to 5 years, depending on the lender.

Are there tax benefits?

Tax benefits on interest and principal repayment are available only after the construction is complete.