Construction Loan Vs Home Loan

Kishan Thakkar K


Every Indian family’s dream is to live in their dream home. But, as real-estate prices soar, buying a residential property out of pocket is next to impossible. 

You can accomplish your dream of owning a home by getting a loan so that you can buy it. But did you know you have two options when it comes to home financing?

The first is the more common type of home loan provided by the lender bank, which is for a pre-built, existing house. The second type, called a construction loan, is a type of loan provided to the borrower for the construction of the house.

Find out about the differences between these loans and how you can determine which one is right for you.

The term home loan refers to a loan where the entire loan amount is disbursed at once, and the borrower buys an existing house and pays EMIs for 20-30 years.

Home construction loans are loans that are disbursed gradually towards the construction of a home.


If you’re about to take the loan and aren’t sure about it, it’s advisable to seek advice from a professional. Roodland India is able to assist you. You will be guided by specialists throughout the process, ensuring that you do not make any mistakes when purchasing your business or residential property.


Subscribe To Our Newsletters

We don’t spam! Read our [link]privacy policy[/link] for more info.


To be updated with all the latest blogs, news and special announcements.