How to Get Quick Approval for a Loan Against Property in New Friends Colony, Delhi – And Why Infintech is the Best Service Provider
In today’s fast-paced world, securing funds quickly for personal or business needs is often crucial. A Loan Against Property (LAP) is one of the most reliable ways to raise large amounts of money at relatively low interest rates. Especially in premium locations like New Friends Colony, Delhi, where property values are high, LAP can be an excellent financial solution. However, getting a quick approval depends on several key factors—from choosing the right lender to submitting the correct documentation. This is where Infintech comes into the picture, offering a seamless and efficient experience.
What is a Loan Against Property?
A Loan Against Property is a secured loan where borrowers mortgage their residential or commercial property to avail funds. Unlike personal loans, LAP offers higher loan amounts at lower interest rates due to the collateral provided. Funds can be used for:
Business expansion
Marriage expenses
Medical emergencies
Education abroad
Debt consolidation
Why New Friends Colony, Delhi, is Ideal for LAP
New Friends Colony, located in South Delhi, is one of the city’s most prestigious residential and commercial areas. Properties in this location carry high market value, which means borrowers here are eligible for larger loan amounts.
Some advantages of LAP in New Friends Colony include:
High Property Valuation: Boosts eligibility for larger loan amounts.
Prime Location: Banks and NBFCs are more willing to lend against high-demand real estate.
Well-connected Infrastructure: Makes property liquidation (if needed) easier for lenders, reducing their risk.
Whether you own an independent house, apartment, or commercial space in this area, you’re already in a favorable position to secure a high-value loan quickly.
Steps to Get Quick Approval for LAP in New Friends Colony
Here’s a step-by-step guide to ensure fast approval:
1. Assess Your Eligibility
Before applying, check your eligibility. Key factors include:
Age (usually 25–60 years)
Monthly income or business turnover
Credit/CIBIL score (usually 700+)
Ownership proof of the property
Clean title and no legal disputes on the property
2. Choose the Right Lender
Compare interest rates, processing fees, and loan-to-value (LTV) ratios. Typically, lenders offer:
LTV Ratio: Up to 60–75% of the property value
Interest Rate: Between 8.50% – 11.5%
Loan Tenure: Up to 15–20 years
3. Prepare Documentation
Keep the following documents ready to avoid delays:
For Salaried Applicants:
ID proof (Aadhaar, PAN)
Address proof
Salary slips (last 3 months)
Bank statements (last 6 months)
Property documents
For Self-employed:
ITRs (last 2–3 years)
Business proof
GST registration
CA-certified profit & loss statements
Property documents
4. Get Property Valuation Done
A certified property valuation can speed up the process. Most lenders conduct their own valuation, but a prior estimate can help negotiate better.
5. Apply Through a Trusted Loan Advisor Like Infintech
Instead of going directly to the bank, using a DSA or loan consultant like Infintech can dramatically speed up the process. Infintech has direct tie-ups with top banks and NBFCs, and can help you:
Get pre-approval faster
Choose the right bank for your profile
Minimize paperwork
Get the best interest rates and processing terms
Why Infintech is the Best LAP Service Provider in New Friends Colony
With hundreds of DSAs and brokers in the market, what makes Infintech stand out?
1. Strong Network with Top Banks & NBFCs
Infintech has strategic partnerships with leading institutions such as:
HDFC Ltd.
ICICI Bank
Axis Bank
Bajaj Finserv
Tata Capital
Piramal Finance
PNB Housing
This allows them to offer multiple loan options under one roof, tailored to your eligibility and property value.
2. Deep Understanding of Local Market
Operating locally in New Friends Colony, Infintech understands:
The real estate market trends
Current property valuations
Which lender gives the best deal for properties in this region
This local expertise ensures your application is positioned for quick approval.
3. End-to-End Assistance
Infintech offers a 360° loan solution, including:
Free eligibility check
Property valuation support
Documentation guidance
Application submission
Coordination with lenders for timely disbursal
This saves you time and hassle, especially if you’re unfamiliar with the loan process.
4. Fast Turnaround Time
With a dedicated team and pre-established lender relationships, Infintech can process your LAP request within:
48 to 72 hours for approval
5 to 7 working days for disbursal
Speed matters, especially during financial emergencies—and Infintech delivers.
5. Zero Upfront Charges
Many brokers charge a fee just to start the process. Infintech believes in no upfront cost and only earns when your loan is successfully disbursed.
6. Customized Loan Offers
Every borrower is different. Infintech analyzes your profile and offers personalized loan options rather than one-size-fits-all products.
Client Testimonials
Rajeev Malhotra, Business Owner, NFC
“I needed ₹1 crore urgently for my daughter’s wedding. Infintech got me a loan within 5 days at just 9.5%. Their service was smooth, transparent, and professional.”
Anjali Sharma, Architect, New Friends Colony
“I tried applying on my own with a bank and got stuck for weeks. Infintech made the process super easy and got me a better deal than I expected.”
Conclusion
If you own a property in New Friends Colony, Delhi, you’re already in a great position to leverage its value through a Loan Against Property. However, fast approval requires smart decisions—choosing the right loan partner is the most important one.
With its local expertise, bank tie-ups, fast processing, and client-first approach, Infintech stands out as the most reliable and efficient LAP service provider in the region.
Need Quick LAP Assistance in New Friends Colony?
📞 Call Now: +91-9650885375
🌐 Visit: https://infintech.in/
📍 Office: New Friends Colony, South Delhi
🕒 Hours: Mon–Sat, 10 AM to 7 PM
Let Infintech help you unlock the value of your property—quickly, safely, and profitably.
