Buying your first home is more than just a financial decision—it’s a dream, a milestone, and a foundation for your future. At DLC Group, we understand how important this step is, especially for first-time homebuyers in India. From securing the right financing to choosing the perfect location, we help simplify the journey to homeownership.
If you’re planning to buy your first home, here are the best financing options available to make your purchase smooth and affordable.
Home Loans from Trusted Banks and NBFCs
For many first-time homebuyers in India, the most common and accessible way to finance their dream home is through a home loan. DLC Group works closely with leading banks and financial institutions to ensure you get the best home loan options with low interest rates and hassle-free documentation.
- Interest Rates: Competitive rates starting from 8% p.a.
- Tenure: Flexible repayment up to 30 years.
- Why Choose DLC Group: We help you compare and negotiate offers so you save more.
PMAY – Pradhan Mantri Awas Yojana Subsidy
If you’re looking for affordable housing in India, PMAY is a game-changer. This government-backed scheme offers significant benefits to eligible first-time homebuyers in India under its Credit-Linked Subsidy Scheme (CLSS).
- Subsidy: Up to ₹2.67 lakh interest benefit.
- Eligibility: Income-based (EWS, LIG, MIG) with no prior pucca home ownership.
- Added Value with DLC: We guide you through the entire application process.
Stamp Duty & Registration Discounts
To make it easier to buy your first home, many state governments offer concessions on stamp duty and registration charges, especially for women buyers and first-time owners.
Examples:
- Delhi: Women pay 4% stamp duty instead of 6%.
- Maharashtra: Women buyers enjoy a 1% discount.
Tip: These small percentages can lead to big savings. DLC Group helps you identify and avail such benefits.
Affordable State Housing Schemes
Several state governments offer low-cost housing schemes that are ideal for first-time homebuyers in India. These homes come with easy financing terms, smaller down payments, and are often in fast-developing areas.
Examples:
- DDA Flats (Delhi)
- MHADA Homes (Mumbai)
- HUDA & Haryana Housing Board (Haryana)
DLC Insight: We provide insider knowledge on upcoming schemes and how to apply before the public launch.
Joint Home Loans for Higher Eligibility
If your income doesn’t meet the loan requirement, a joint home loan with your spouse or parent can improve eligibility and reduce financial burden.
Benefits:
- Shared EMIs
- Dual tax savings under Section 80C & Section 24
DLC Advantage: Our advisors help you determine the best co-applicant strategy and expedite approvals.
Conclusion
At DLC Group, we believe that first-time homebuyers in India deserve expert guidance, transparent advice, and complete support. From choosing the right property to exploring the best home loan options and government subsidies, we’re with you at every step.
So, if you’re planning to buy your first home, reach out to us today. With decades of real estate expertise, a strong network of developers and banks, and a client-first approach, DLC Group makes your homeownership dream a reality.
