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    Bangalore Housing Scheme 2016 - 17

    We found 49 Bangalore Housing Scheme 2016 - 17

    Bank Name
    Interest Rate Range
    Processing Fee Range
    Loan Amount
    Tenure Range
    8.5% - 8.7% Floating
    Up to 0.5% (min. ₹5750) One time fee
    5L Min
    1-30 Years
    Response Time Within 30 minutes
    Rs.5000 Amazon voucher free
    What you'll love
    Documents
    Frills
    Fees & Charges
    Value Adds
    Eligibility Criteria
    8.65% - 8.70% Floating
    0
    15L - 10Crs
    1-30 Years
    Response Time Within 30 minutes
    Rs.5000 Amazon voucher free
    What you'll love
    Documents
    Frills
    Fees & Charges
    Value Adds
    Eligibility Criteria
    8.70% - 8.85% Floating
    0.5% (min. ₹11,500) One time fee
    5L - 10Crs
    3-30 Years
    Response Time Within 30 minutes
    Rs.5000 Amazon voucher free Paperless Approval Option Available
    What you'll love
    Documents
    Frills
    Fees & Charges
    Value Adds
    Eligibility Criteria
    8.5% - 8.55% Floating
    Up to 0.5% (max. ₹11,500) One time fee
    5L - 10Crs
    1-30 Years
    Response Time Within 30 minutes
    Rs.5000 Amazon voucher free
    What you'll love
    Documents
    Frills
    Fees & Charges
    Value Adds
    Eligibility Criteria
    8.70% - 10.05% Floating
    Up to 0.5% One time fee
    2L - 3Crs
    1-30 Years
    Response Time Within 30 minutes
    Rs.5000 Amazon voucher free
    What you'll love
    Documents
    Frills
    Fees & Charges
    Value Adds
    Eligibility Criteria
    8.70% - 9.25% Floating
    0
    12L - 5Crs
    1-20 Years (10 yrs plot loan)
    Response Time Within 30 minutes
    Rs.5000 Amazon voucher free
    What you'll love
    Documents
    Frills
    Fees & Charges
    Value Adds
    Eligibility Criteria
    8.65% - 11.75% Fixed/Floating
    0.50% (min. ₹10000) One time fee
    5L - 10Crs
    1-30 Years
    Response Time Within 30 minutes
    What you'll love
    Documents
    Frills
    Think about
    Fees & Charges
    Value Adds
    Eligibility Criteria
    8.5% - 8.55% Floating
    0 One time fee
    40L - 5Crs
    1 - 25 Years
    Response Time Within 30 minutes
    Rs.5000 Amazon voucher free
    What you'll love
    Documents
    Frills
    Fees & Charges
    Value Adds
    Eligibility Criteria
    12.5% - 17% Fixed/Floating
    2% One time fee
    2L - 1Cr
    1-20 Years
    Response Time Within 30 minutes
    What you'll love
    Documents
    Frills
    Think about
    Fees & Charges
    Value Adds
    Eligibility Criteria
    8.65% - 8.89% Floating
    0 One time fee
    20L - 10Crs
    1-30 Years
    Response Time Within 30 minutes
    Rs.5000 Amazon voucher free
    What you'll love
    Documents
    Frills
    Think about
    Fees & Charges
    Value Adds
    Eligibility Criteria
    10.67% Floating
    1% One time fee
    5L - 5Crs
    1-30 Years
    Response Time Within 30 minutes
    What you'll love
    Documents
    Frills
    Fees & Charges
    Value Adds
    Eligibility Criteria
    9.10% - 9.89% Floating
    0.5% One time fee
    30L - 5Crs
    3-30 Years
    Response Time Within 30 minutes
    Rs.5000 Amazon voucher free
    What you'll love
    Documents
    Frills
    Think about
    Fees & Charges
    Value Adds
    Eligibility Criteria

    Bangalore Housing Scheme 2016 - 17 is Rated as "Great!" by 21449 Users

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    Home Loan BYTES FROM OUR KITCHEN

    Everything you should know about Bangalore Development Authority Housing Scheme 2016

    It seems like the Bangalore Development Authority has woken up from its deep slumber of quite some years with the launch of BDA Housing Scheme 2016. This scheme, launched in January 2016, is going to allocate over 3280 flats based in various locations spread sporadically across the city.

    Where Are These Apartments Located?

    The apartments that are going to allotted under this scheme are within the BDA’s jurisdiction and are going to be given out based on the BDA Allotment of Site Rule of 1984. Through this initiative, BDA will offer 1 BHK, 2 BHK, and 3 BHK houses for general, EWS and LIG categories.

    Eligibility Criteria for BDA Housing Scheme 2016:

    The BDA has chalked up a lengthy eligibility criteria every applicant applying for a house should meet. The requirement is as follows:

    1. The annual income of the applicant and their family must fall under the Economically Weaker Sections (EWS) bracket. In other words, the salary must be less than Rs. 3 lakhs per annum.
    2. Applicants should be past 18 years of age. In exceptional cases, the maximum age can be 15 years at the date of registration and the applicant need to be a resident of Karnataka.
    3. If any applicant or family member has already received housing or residential plots under any development authorities like the CITB in the state are not eligible to apply.

    How Can One Apply for the BDA Housing Scheme?

    Below is the process one needs to follow to apply for housing under the BDA scheme:

    1. The applicant need to obtain the registration forms from one of the many banks that are certified to offer the forms. To get the form, however, they need to pay a certain fee as specified by the BDA.
    2. The registration slip or acknowledgement applicants receive should be sent to the BDA. In case an applicant is already registered, they need not apply again.
    3. Applicant looking to get a house need to pay the first deposit in the form of DD/cheque/ pay order in favour of the commissioner of BDA.
    4. If the applicants choose to apply for a house in multiple locations, they need to send in individual forms for all the properties they are applying to.

    Which Banks Offer The Sale And Receipt Of Application Forms For This Scheme?

    The BDA is working in partnership a number of public and private sector banks. Some of the nodal bank branches that facilitate the sale and receipt of application for this scheme include:

    1. Canara Bank - Kumara Park West.
    2. Corporation Bank - RT Nagar.
    3. ICICI Bank - 8th Mile, Hesaraghatta.
    4. Axis Bank - Basaveshwara Nagar.
    5. Punjab and Sindh Bank - JC Road.
    6. State Bank of Mysore - Basaveshwara Nagar.

    Are there any details regarding the flats available for sale?

    Yes. You will find below in tabular form the details of all the flats available through this scheme.

    1. 1 BHK Flats for Applicants with Income Less Than or Equal To Rs. 1 Lakh:

    Project Name No. of available flats Proposed allotment rates in lakhs Initial deposit to be paid in Rs.
    Alur Phase 1 568 8.25 for EWS, GM, 2A and 2B 6.25 for SC/ST Category 1 1,03,125 for EWS, GM, 2A and 2B 31,ooo for SC/ST Category 1

    2. 1 BHK Flats for Applicants for Applicants With No Income Ceiling:

    Project Name . of available flats Proposed allotment rates in lakhs Initial deposit to be paid in Rs.
    Malagala 42 12.00 1,50,000 for EWS, GM, 2A and 2B 60,000 for SC/ST Category 1
    Halagevaderahalli 45 13.00 1,62,500 65,000
    Alur Phase - 1 529 11.00 1,37,500 55,000
    Doddabanahalli Phase-2 50 12.00    
    Valagerahalli 76 12.00 1,50,000 60,000
    Total flats available 942   1,50,000 60,000

    3. 2 BHK Flats for LIG with No Income Ceiling:

    Project Name No. of available flats Proposed allotment rates in lakhs Initial deposit to be paid in Rs. for 2A 2B General and SC/ST Category 1
    Doddabanahalli Phase -1 241 25.00 3,12,500 1,25,000
    Doddabanahalli Phase - 2 342 25.00 3,12,500 1,25,000
    Kommaghatta Phase -1 216 25.00 3,12,500 1,25,000
    Kaniminike Phase - 1 587 25.00 3,12,500 1,25,000
    Total flats available 1386      

    4. 3 BHK HIG Residential Flats:

    Project Name No. of available flats Proposed allotment rates in lakhs Initial deposit t o be paid in Rs
    Valagerahalli Phase 5 384 45.00 5,62,500 for EWS, GM, 2A and 2B 2,25,000 for SC/ST Category 1

    All in all, people from the EWS, LIG, and even HIG communities can even apply for the Bangalore Development Authority Housing Scheme 2016. This project provides a variety of affordable housing options for various income groups.

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