Local finance options to end-users are available through a number of local and foreign financial institutions. Terms and conditions may vary from one to another but typically general guidelines can
be summarized as follows: Finance tenure ranges from 5 to 25. Maximum period depends on residency status, age, type and location of property. Maximum finance amount is 90%.In resale cases,
evaluation has to be conducted for estimating the current market value of the property, and premiums would be financed accordingly depending on the type and location of property.Minimum age to
obtain finance is 21 and maximum is 60. Some banks may provide finance for up to 65 years old if self employed.Salaried individuals have to provide proof of being employed in the same job for a
period of at least 6 months depending on the financial institution's requirements. Business owners have to provide proof for an operating and profitable business for at least 2 years. Rates are
between 6.5% and 7.5%Processing fees are between 1% to 1.25% of the finance amount.Finance is available for ready properties as well as for properties under construction. It is always recommended
to obtain pre-approval from a financial institution, know the amount that can be financed, then look for your dream home