When ever we speak to a home buyer for a home loan, the answer is let me finalize the property first and then we will apply for the loan.
In ideal scenario, you should get this home work done as this gives you the added confidence about buying a property well knowing in advance that you are entitled to an X amount as a Home Loan and you will have a Y amount as an EMI to pay every month or year. With a lot of paper work, CIBIL checks etc. you should not be under double pressure when you are buying a property.
A few developers even give a benefit in price if you go with a pre approved sanction letter. Imagine you paying around 11236 for a sanction and you walk away with upto 10 times as a benefit upto Rs.1,12,360 as discount from our New Property Buying – Get it Right – Series offers by select developers.
For further details please feel free to call me on 9820030685 or email firstname.lastname@example.org