One of the biggest pilgrimage sites in the country, Allahabad, which has been renamed as Prayagraj is one of the most significant pilgrimage sites in the country. The city, which is known for its stable and diverse economy, is one of the most popular places people head to for a relaxed life. Furthermore, it is easy to purchase a flat or a plot of land at one-third the price one would pay for in a metro city. Allahabad is also listed on the Government’s smart cities list and is undergoing rapid development. Here’s how you can take an Indiabulls home loan in Allahabad and become a home-owner.

FAQs on Indiabulls Home Loan

Single-click Home Loan Eligibility: By entering a few details, you can determine your home loan eligibility with a single click.

No hidden charges: Indiabulls Home Loan believes in transparant dealings, and you will not be subject to hidden charges to ensure a great home loan experience.

Quick processing: With Indiabulls Home Loan's quick housing loan approval, you will not face unnecessary delays that hinders you from getting your home loan

Easy documentation: You can say goodbye to cumbersome paperwork. Indiabulls Home Loan is there with you every step of the way, which includes you filing all your paperwork

Flexible Repayments: You can relax about repayment with our flexible options

Who can apply for a home loan?
You need to be 21 and above when the loan begins, and not over 65 years when the loan ends. You should be someone earning a regular income, irrespective of whether you are salaried or self-employed.

When can you apply for a loan?
You can apply for an Indiabulls Home Loan as soon as you narrow down on the property. You can even apply for a Home Loan even before the property is finalised.

Loan tenure options
Indiabulls Housing Finance offers Home loan up to 30 years, provided the term does not extend beyond 65 years of age or the retirement age, whichever is earlier.

RoI offered by Indiabulls: Indiabulls offers two types of interest rates i.e. fixed and floating. You can avail either based on your requirement.
 

Advantages of investing in Allahabad real estate

• One of the 13 smart cities in Uttar Pradesh eligible for rapid development under smart cities list.

• Possible increase in real estate investments; as a result an increase in property rates.

• Due to smart city initiative, Allahabad to undergo large-scale development and citizens can benefit from fantastic civic amenities – be it schools and colleges, health care services, transportation or recreational facilities.

• Currently Allahabad is one of the most inexpensive cities in India where one can purchase multi-bedroom, large-sized flats at affordable rates.