Delay of many projects is due to the delay in achieving Home/project Loans in the beginning stage. Have a clear cut idea regarding funding before starting a project is essential as stopping work or Lagging work bring an extra unnecessary rise in overall cost. Day by day arising material and labor cost is one of the main reasons. While applying for Bank loans; Total Eligibility which means Repaying capacity is one of the main factor bank looking upon. Banks Mostly provide 80 to 90% of property Value which means rest 20% must be contributed by the owner himself. Also note another point that if the bank calculates the higher eligible amount, it's not at all necessary to borrow that amount for the project.
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