Vadodara, a vibrant city in Western India, seamlessly blends culture, education, and commerce, standing as a testament to its rich history under the rule of the esteemed Gaekwads. Renowned as Gujarat's cultural hub, it hosts the prestigious Maharaja Sayajirao University, attracting students from across India and abroad.

Boasting a thriving industrial landscape, Vadodara is home to manufacturing and chemical giants like GNFC, Reliance, and ABB. The city has also become a favoured destination for corporations in infrastructure, software, and the BPO industry.

Amidst the kaleidoscope of life, Vadodara emerges as an exceptional city for residence, work, investment, and leisure. The real estate sector in Vadodara has rapidly matured, propelled by its diverse and cosmopolitan population. Confident in the city's growth potential and distinctive lifestyle, the real estate market reflects the dynamic essence of Vadodara.

While witnessing a real estate boom, Vadodara remains a cost-effective choice compared to many other cities in the country. This affordability has made Vadodara an attractive investment hub, as property prices, though on the rise, are still reasonable. Investors foresee significant returns as Vadodara's property market aligns with prices in comparable cities nationwide. Choose Vadodara – where history meets progress, and investments find a promising future.

Buyer's FAQ

We have tried to dispel the general doubts and queries, still in case of any question, query or doubt feel free to contact us.

How much housing loan can one get?

The amount of housing loan one can secures hinges on their income and repayment capability. To augment the loan amount, individuals have the option to include their spouse's income in the calculation, offering flexibility based on combined financial strength.

What tax benefits are available in regards to the housing loans?

Tax benefits are applicable to both the interest and principal components of housing loans. In the latest budget, the maximum deduction for interest payments stands at Rs 150,000 per annum. Additionally, Section 88 provides tax advantages for principal repayments, offering a comprehensive framework for tax relief in connection to housing loans.

What is the reducing balance method of interest payment?

The reducing balance method entails deducting the principal payments you've already made from the initial loan amount. With this approach, you're charged interest solely on the outstanding principal at any given time, rather than on the entire loan amount.

What are the documents required for a self-employed person to avail home loan?

For a self-employed individual seeking a home loan, certain essential documents are required to facilitate the application process. These typically include proof of identity, address, income tax returns, business financials, and bank statements. Furnishing these documents helps streamline the loan approval process and ensures a smoother experience for the self-employed borrower.

Common Documents
  • Updated Bank Pass Book / Statement of accounts for last 6 months (Xerox)
  • Ration Card (Xerox)
  • Business Profile: A note on business mentioning nature of business, list of clients, suppliers, staff strength, geographical spread, etc.

Proprietor / Professional
  • 3 years P&L A/c, B/S, Computation of income certified by CA
  • Income Tax return file statement for 3 years

  • Copy of Partnership Deed
  • 3 years P&L A/c, B/S, Computation of income certified by CA.
  • Individual Computation of Income and tax returns for last 3 years.

Pvt. Ltd. Company
  • Remuneration certificate
  • Board’s resolution for fixing remuneration.
  • Company's annual report
  • Individual IT returns for last 3 years.