Planning to finance a luxury home at Trump Vasundhara? Here is how home loans work for high-value properties in Ghaziabad and how to estimate your EMI.
RBI rules allow banks to lend up to 75% of the property value for loans above ₹75 lakh. That means you should plan for at least 25% of the cost, plus stamp duty and registration, from your own funds.
Leading lenders such as SBI, HDFC Bank, ICICI Bank, Axis Bank and Kotak typically approve branded projects once they are RERA registered.
EMI depends on loan amount, interest rate and tenure. As an illustration, a ₹1 crore loan at 8.5% for 20 years works out to roughly ₹86,800 a month. Actual rates vary by lender and credit profile.
Use your bank’s calculator once the official price is known.
Under the old tax regime, you can claim up to ₹2 lakh a year on interest for a self-occupied home (Section 24b) and up to ₹1.5 lakh on principal (Section 80C). Check your eligibility with a tax adviser.
Read the payment plan guide to align loan disbursement with construction stages.
