Faridabad home loan drama for under-construction – anyone else facing this?
8.7% home loan interest rate for under-construction projects? Honestly, it feels like banks are just playing games. Everyone glorifies them for 'easy' loans, but nobody talks about the hidden conditions ya delivery risk. Meri parents kehte hain ki loan lena easy hai, but I'm finding it so tough. I'm trying to get a loan for a 2BHK with Goyal Estate Agency in Sector 35. Builder ka track record theek lag raha hai. But banks are being so difficult. Some won't even approve for projects jo 50% complete nahi hain. Matlab, they're basically saying under-construction is super risky, right? This is making my decision tough. Which bank actually gave you a smooth loan process, especially for an under-construction property in Faridabad? Any specific branch to recommend? Change my mind that banks aren't just making first-time buyers' lives harder.
Comments
Yaar, I thought I was the only one! My parents are also pushing for property, saying 'investment hai, loan toh mil hi jayega'. But jab banks jao, they treat you like you're asking for a favour. 8.7% is steep, especially for something that's not even built yet. Meri EMI bahut high aayegi!
Totally relate! I'm looking at Sector 35 too, for a 3BHK. HDFC ne toh seedha mana kar diya for