Hey Arup, Got to know that several leading banks like ICICI, LIC Housing Finance, HDFC, IDBI, Axis bank, IndiaBulls and Kotak Mahindra have tie ups with this project for offering loans. You can avail loan either from public or private sector banks since the rate of the interest charged are one at the same. Not much of a difference. It is upto you to decide which bank to go for getting loan.
Hi Vinay, I think private banks are far more efficient and quicker as far the documentations are concerned. Quick process, minimum documentation formalities and easy disbursement of loan money gives private banks a higher edge over public sector banks.
Hi Abhishek, The flats come with G+4 floors and has 1 and 2 BHK units. The price for 1 BHK comes to about Rs. 12.60-14.77 lakhs which has an area ranging from 530 sqft to 625 sqft. 2 BHK have an area measuring between 715 sqft-825 sqft and costs approx 16.90 onwards and goes upto Rs. 19.57 lakhs. The builder is charging Rs. 2365 as present rate per sqft.
Hi , I am interested in buying a property in this project. May I know which are the banks providing home loans. Which will make a good option whether to take loan from private or public sector bank. Any suggestions.
Hi Ashish, It seems that they have launched the project in Oct 2013 itself and construction work is underway. The flats will be ready to move in by Oct 2015. This is the commitment given by the builder.