How to finance a plot, villa plot or ready floor at Reliance MET City, with sample EMIs.
Financing a plot is different from financing a flat. Banks treat land as a separate product, and the loan type you choose decides how much they lend and whether you get tax benefits.
Here is how buyers usually finance a purchase at Reliance MET City. Always confirm terms with your lender, because rates and eligibility change.
If a ₹1.11 crore Metropolis plot (112 sq. yd. at ₹99,000) is funded with a ₹75 lakh loan over 15 years at 9% a year, the EMI is roughly ₹76,000 a month. At 20 years it is roughly ₹67,500. Rates differ by bank and profile, so use these only as a guide. See the budget guide.
Under current income-tax rules, a pure plot loan generally does not get the home-loan deductions, while a composite loan can qualify once the house is built and occupied. Ask a tax adviser for your case.
Lenders usually check the developer's approvals for the phase, the RERA registration, the allotment letter, title chain and the sanctioned layout. Reliance-backed inventory with clean papers is easier to finance than an unregistered colony. Read HRERA checks.
Because plot loans fund a lower share, keep a larger own contribution ready. Read down payment kitna lagega for a worked example.
Information on this page is indicative and based on publicly available sources and project material at the time of writing. Prices, timelines and specifications are subject to change. Please verify the plot, phase and charges with METL, check the Haryana RERA registration for the specific phase, and have documents reviewed by an independent lawyer before paying.
Yes, banks offer plot loans and composite plot-plus-construction loans, subject to approvals, documents and your eligibility.
At 9% a year it is roughly ₹76,000 a month over 15 years or ₹67,500 over 20 years. Your lender's rate decides the actual EMI.
Generally only composite loans qualify, and only after construction. Confirm with a tax adviser.
Allotment letter, agreement, RERA registration, sanctioned layout, title documents, cost sheet and your income and KYC papers.
Get the current price list, plot-size guidance and Metropolis by MET City updates from our team.