Aditya Birla Housing Finance Limited

Whether you're an individual planning your dream home or a developer constructing a large-scale project, funding plays a vital role in turning architectural blueprints into reality. A construction finance loan provides the financial foundation to begin and complete construction efficiently and without delays. From commercial construction financing to new home construction financing, different loan products cater to diverse needs. This blog explains how construction finance loans work, who can apply, benefits, types, eligibility, and more. What is a Construction Finance Loan? A construction finance loan is a short-to-mid-term loan designed to help fund the building or renovation of residential, commercial, or industrial properties. Unlike traditional home loans, which are disbursed in a lump sum, construction loans are typically released in stages based on the project's progress. The loan may be taken by: Individual homeowners Builders and developers Contractors Real estate com...

Your property is more than just a physical asset—it can be a powerful financial tool in times of need. A personal loan against property is one of the most effective ways to raise substantial funds for various personal or professional requirements without selling your valuable asset. Backed by leading institutions like Aditya Birla Capital, this loan option offers a smart, flexible, and secure solution to fulfill your financial goals. What is a Personal Loan Against Property? A personal loan against property (LAP) is a secured loan where you mortgage your residential, commercial, or industrial property in return for a loan amount. The property stays in your name, and you retain ownership, while the lender holds it as collateral. The borrowed funds can be used for a wide range of purposes, such as business expansion, higher education, medical emergencies, weddings, or even home renovation. Unlike unsecured personal loans, a personal loan against property offers higher loan amounts, long...