Plot loan vs home loan
A plot loan finances land only. A composite loan finances the plot and the construction of a house on it, released in stages. Banks generally look more favourably on composite loans because a home will be built.
How much you can borrow
Banks lend a percentage of the property's assessed value, depending on the loan amount, approval and your profile. On our projects buyers have typically been offered 80% to 90%, subject to each bank's appraisal.
What the bank checks
Your income and existing EMIs, credit score, and the property itself: approval, title, and a technical valuation.
Prepare early
Keep KYC, salary slips or ITRs for two to three years, bank statements and the property documents ready. Use our EMI calculator to size the loan before you shortlist plots.
This guide is general information, not legal or financial advice. Confirm current rules with a lawyer, your bank or the relevant authority.