Most people buying here fund the purchase with a home loan. We are not a lender and we do not charge for this — what we do is put you in front of the banks and housing finance companies that have already approved the project you are interested in, which is usually the slowest part of the process to sort out on your own.
How it works
- Tell us the project and your budget. Which development you are looking at, and roughly what you earn — that is enough to see what is realistic.
- We check which lenders have approved it. Banks fund projects they have already appraised. Knowing that list up front saves a lot of wasted applications.
- You apply directly to the lender. We introduce you and help assemble the paperwork; the credit decision is entirely theirs.
- Sanction, then disbursement. For under-construction projects the money is usually released to the developer in stages as building progresses.
What you will need
Everyone
- PAN and Aadhaar
- Proof of current address
- Six months of bank statements
- The project's booking form or allotment letter
Depending on how you earn
- Salaried: three months of payslips and Form 16
- Self-employed: two to three years of ITRs with computation, and audited accounts where they apply
What affects how much you can borrow
Lenders look at your income and existing EMIs, your credit history, how many years you have left to retirement, and the property itself. The share of the value they will fund varies with the loan size and the lender's own policy, so the rest has to come from your own funds — budget for that alongside stamp duty and registration.
Rates move and differ between lenders. Anyone quoting you a firm rate before running your file is guessing; compare at least two offers before you commit.
Ask us about financing
Tell us what you are looking at and we will come back with the lenders who fund it.
Bhiwadi Property is not a bank, an NBFC or a registered loan intermediary, and does not arrange credit or charge for introductions. Lending decisions, rates and terms are set entirely by the lender.
