Buying a home is probably one of the largest financial commitments a person can make during their lifetime. At Roorkee One, we realize that funding will be the key to bringing your home dream to reality. Consequently, we have partnered with HDFC Bank and Nainital Bank—two of the most esteemed financial institutions in India—to offer flexible home loan solutions and attractive investment benefits.
Whether you are a first-time homebuyer, an investor, or looking for a second home, this blog will help you comprehend:
- Why Roorkee One is an excellent investment?
- Home loan advantages from HDFC Bank & Nainital Bank
- How to obtain the best financing deal?
- Long-term investment benefits in Roorkee’s real estate
By the conclusion, you will comprehend why Roorkee One + Bank Financing = A Wise Choice!
Why Consider Investing in Roorkee One?
Before we explore the advantages of loans, let us succinctly outline the reasons Roorkee One stands out as a top investment:
- Prime Location – Situated near IIT Roorkee, Patanjali Yogpeeth, and essential transport connections
- Luxurious 2 & 3 BHK Apartments – Generously sized, modern, and built with premium materials
- High Rental Demand – Strong interest from students, professionals, and tourists
- Increasing Property Value – The real estate market in Roorkee is appreciating at a rate of 10-12% annually
- World-Class Amenities – Includes a swimming pool, clubhouse, sports facilities, and round-the-clock security
Now, let us investigate how HDFC Bank and Nainital Bank can assist you in achieving home ownership effortlessly!
Home Loan Advantages with HDFC Bank
Why Select HDFC Bank to Finance Your Home?
HDFC Bank is a giant in providing housing finance to the general public as it is well known for:
- Reasonable Charges of Interest – Competitive and attractive rates as low as 8.40% per annum.
- Huge Amount of Loan – Lends even up to 90% of the value of the property.
- Flexible Payment Period – Up to 30 years to repay.
- Fast Approval – Quick processing with less documents.
- Loans With Pre Approval – Get approved easily without needing to book property.
Distinct Perks For Roorkee One Buyers
- Special Discount on Processing Fee – Lower fees for certain loans on selective projects.
- Balance Transfer Option – Change current loans to HDFC and enjoy lower rates.
- Top Up Loans – Loans for property enhancements or for unplanned expenses.
- EMI Holiday – Payment holidays during times of financial difficulty.
What’s the procedure to follow?
- Check If Eligible – Check income, credit score, and employment stability.
- Prepare The Needed Documents – Proof of identity, wage slips, property documents.
- Get Sanction Letter – Loan request shall be processed within 3-5 working days.
- Disbursement – The money will be sent directly to the builder.
In case your bank account has a credit score of 750 and above consider leveraging it for better terms and conditions, like lower interest rates.
Home Loan Benefits with Nainital Bank
Why Choose Nainital Bank?
A trusted name in the banking culture of Uttarakhand, Nainital Bank offers:
- Local Knowledge – In-depth knowledge of Roorkee real estate market
- Tailored Service – Relationship managers assist you through the process
- Competitive Interest Rates – Beginning at 8.50% p.a.
- Women Borrower Concessions – Special allowances for women applicants
Exclusive Benefits for Roorkee One Customers
- Low Margin Money – Deposit as little as 10%
- Flexible EMI Schemes – Possibility of step-up or step-down repayment plans
- Agricultural Income Consideration – Advantages for farmers and business people
- Faster Local Approvals – Fast verification owing to local ties
Simplified Application Process
- Branch Consultation – Loan discussions for customers are done by a special liaison.
- KYC & Income Verification – Effortless documentation
- Property Assessment – Friendly local contacts enable speedy verification.
- Loan Disbursement – Funds are made available immediately.
Best for self-employed, NRIs, and others looking for advanced personal banking services.
Why Take a Loan Instead of Paying in Cash?
A number of buyers ask themselves – Do I pay cash or take a loan? Here's why you should take a loan:
- Preserve Savings as a Cushion – Rather than pouring all your wealth into property, retain it as liquid funds for medical, educational, or business expenses.
- Tax Benefits – Up to ₹3.5 lakh annually:
- Section 24: ₹2 lakh deduction on interest payments
- Section 80C: ₹1.5 lakh principal repayment
- Other available tax benefits from joint loans
- Varying Loan Value Increase – The contribution amount remains constant while the property appreciates in value.
- Better Credit Rating – Consistent EMI payments positively influence credit evaluation, improving future borrowing.
Possible Investment Benefits in Roorkee One
- Location Rental Revenue (4-6% Return) – High demand from IIT students, staff, and visitors.
- Capital Appreciation (10-12% Annual Gain) – The spurt in Roorkee's infrastructure (new roads, metro plans) will fuel property prices.
- Low Maintenance Expenditure – A residential complex with professional management reduces individual outgo.
- Infrastructure Ready for the Future – The closeness to the Delhi-Dehradun Expressway will improve connectivity.
Conclusion: Your Ideal Home is Just a Loan Away!
Roorkee One is not merely a residence – it is an appreciating asset with substantial rental prospects. With the assistance of HDFC Bank and Nainital Bank, acquiring a luxury apartment here has never been more accessible.
Next Steps:
- Visit Roorkee One – Explore available units
- Consult Bank Representatives – Review loan conditions
- Reserve Your Home – Secure your future today!