Home Loan for Different Properties based on Prices

✓ Home Loan from ₹2 Lakhs To ₹15 Cr ✓ Multiple Lending Partners ✓ Interest Rates Starting @ 8.25%

Purchasing your first home is one of the most exciting financial milestones of your life. Although it may seem like a complex process, it is an essential step when it comes to providing a stable environment for your family. Taking “the big step” of buying a home might make you feel anxious, but it’s your responsibility to take steps in the right direction. Before you begin looking for a new home, you first need to have a good sense of a realistic budget. In reality, many of us have a very few options, hence we resort to borrowing money from our friends and family to meet our goals. But it usually leads to a financial strain. Hence, availing a home loan will help you take a step further in fulfilling your dream. With Bajaj Finserv Housing loan at Bajaj Markets, you can steer away from the financial hurdles and focus on fulfilling your dream of buying a new home

What can you afford in the top Indian cities?

The number of years you need to save for down payment in these cities


Number of Years


5.6 years


6.9 years

Delhi NCR

7 years


3.6 years


12 years


6.2 years


5.2 years


3.9 years

Factors home buyers consider

Size of unit or living space


Price of property


Proximity to workplace or school


Amenities like clubhouse and gym


Scenic View


The space you can buy in these cities with Rs 1 lakh

These are the calculated value for a ready to occupy 1,000 sq. ft. home.




16.1 sq. ft.


12.1 sq. ft.


11.9 sq. ft.


27.5 sq. ft.





5.3 sq. ft.


14.2 sq. ft.


17.6 sq. ft.


25.4 sq. ft.

How much of total savings will buyer put in down payment?


Total Savings

Over 80%






Less than 30%


How much EMI they are willing to pay?

Not planning to take a loan


30 to 40% of household income


40 to 50% of household income


More than 50% of household income


Up to 30% of household income


Reasons for Buying a House

Want to save on rent


Need bigger space


Tax benefits on loan


Being offered a good deal


Price appreciation of property


Obstacles that stop Buyers


Reasons that stop buyers


Property prices are too high


They don’t have enough surplus


Interest rates are too high


Returns are unattractive


Already have a house


Living on rent is more cost-effective


Other reasons

A more realistic approach

Buyers need to be more practical and consider a lot of other aspects when buying a new home. Some buyers tend to stretch their budget to be able to afford a home with the best environment and location. However, by giving in to their yearning for an uncluttered environment, they instead end up living in an area that lacks basic amenities. As a result, they end up facing problems like irregular water supply and electricity shortages. That should not be the case. In fact, when buying a home, one must consider several factors such as an easy commute to work and facilities like local schools, hospitals, and community entertainment. If you are buying a home for the first time you must consider getting a home in a convenient location that meets your basic requirements without blowing up all your savings.

You should definitely invest in a home that is affordable and meets your needs for at least a period of 5 to 6 years. However, you can get a new home when you can afford better with all the best facilities and amenities for you and your family. Till then it's best for you to keep utility and affordability as an important factor while buying your new home. It is also necessary that you have a clear idea of property prices and the rate of appreciation. Always keep in mind that a home loan EMI should not exceed 35-40% of your total income. Only a small percentage of homebuyers are willing to part with more than 50% of their household income towards home loan EMIs.

When buying a home you often think of getting a big house, but for that, you need to be financially secured. Bigger homes take away a big chunk of your household income and savings, forcing you to compromise on other aspects of your family’s life. An open space, posh housing society complete with all the luxurious amenities is what you want to be able to provide to your family. But you would definitely not want to spend all your money on a luxurious home, and compromise on your future security. You must assess your finances to know your loan eligibility and check whether you can afford the home loan interest rate. Do not forget to include transaction costs such as registration and stamp duty charges, brokerage, documentation, and processing fees in your assessment. Moreover, this information will later help you to plan ahead and make better decisions when taking out a home loan.


Buying a home involves a lot of complex steps and financial strain. But you can make your dreams come true by availing a loan with Bajaj Finserv home loan. With Finserv Markets, you can explore different types of housing loan solutions for construction, land/plot purchases. By doing your homework ahead of time, you’ll have more confidence in your decisions. Don’t be afraid to ask questions along the way and learn as much as you can before making decision. Whether it's your first, or one of many, getting a home loan to purchase a home is one of the most significant financial decisions you’ll make in your life.

You can also check your eligibility and EMI with the help of housing loan eligibility calculator and home loan emi calculator

Finserv MARKETS, a subsidiary of Bajaj Finserv, is a one-stop digital marketplace that has been created for consumers on the go. It offers 500+ financial and lifestyle products, all at one place. At Finserv MARKETS, we understand that every individual is different. And that’s why we have invested in creating a proposition – Offers You Value. A value proposition that ensures you get offers which are tailor made for you. We also offer an amazing product range and unique set of online offers across Loans, Insurance, Investment, Payments and an exclusive EMI store. Be it in helping you achieve your financial life goals or offering you the latest gadgets, we strive to offer what you are looking for. From simple and fast loan application processes to seamless and hassle-free claim-settlements, from no cost EMIs to 4 hours product delivery, we work towards fulfilling all your personal and financial needs. What’s more! Now enjoy the same benefits in just one click with our Finserv MARKETS App.