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06 Dec, 2024
Mortgage Loan Against Vacant Land
West Delhi, DL 110009
Description
A mortgage loan against vacant land allows individuals to leverage the market value of their unused land to secure funding for personal or business needs. The land must be non-agricultural, free of disputes, and have proper legal documentation. Loan amounts typically range from 50% to 70% of the land's value, with slightly higher interest rates and tenures of 5 to 15 years. Extensive legal and valuation checks are conducted to ensure eligibility. This is an ideal option for landowners looking to unlock the financial potential of their property.