Tag: under construction property

Home Loans for Under-Construction Properties: Key Insights

When opting for a home loan for under-construction property, key factors include loan type (self-construction, plot + construction, or renovation), builder credibility, lender property analysis, construction monitoring, and disbursement process. Benefits include customization, phased interest payments, and future expansion flexibility. Website URL: https://www.herohousingfinance.com/blog/introduction-to-property-buying/consideration-for-home-loan-for-under-construction-property

Home Loan EMI for Under-Construction Property

Home loan EMI for under-construction property starts upon loan disbursement, covering only interest. Full EMI begins after construction is complete. Benefits include lower prices, higher appreciation, and customization. However, rental income is delayed until completion. Website URL: https://www.herohousingfinance.com/blog/introduction-to-property-buying/home-loan-emi-under-construction-property