Home loan from sbi

Q: I am planning to take a house loan but the builder said that this project is approved by LIC and HDFC u have to take loan from there....
But my preference is SBI.
Can't i apply my house loan from SBI.
If yes then How?
Also any feedback for laxmi shubham arcade ,chandanager would be great.

Guru,

11th January 2016

Home Loan in Sri Lakshmi Shubham Arcade Spoorthy, Chanda Nagar, Hyderabad

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Sri Lakshmi Shubham Arcade Spoorthy has got approval from GHMC. The project is offering 2 and 3 bhk apartments with price ranging from Rs 39 lakhs to rs 45 lakhs approximately. The project will have 10 blocks with 6 floors on each blocks. This is their first project so really cannot comment on the construction quality, builder reputation etc

Sharan Basappa, Hyderabad

11th January 2016

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When is the project expected to get completed? I am also looking for feedback on how is Chanda Nagar as a locality.

ajit pandey,

11th January 2016

The expected possession date of the project is by 2016 end. Chanda Nagar is not only a residential hub but is fast becoming an important commercial market as well. Chanda Nagar is well connected by road to other localities of Hyderabad.

Chanda Nagar also has good social infrastructure and most of the amenities needed are already present. The locality is also a preferred destination for many because of the good connectivity that it offers. Property prices in this locality are also much cheaper than localities in the IT hub making Chanda Nagar a good place to live in.

Praneeth Kumar, Hyderabad

11th January 2016

Hi Guru, You can ask the builder to help you applying loan from SBI or you can visit your nearest SBI and check if they are ready to give you loan for this project.

Praneeth Kumar, Hyderabad

11th January 2016

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