SBI approved projects are those properties whose titles and documents have been carefully examined by the State Bank of India (SBI). Investing in such projects is advantageous. Firstly, the home loan processing time will be faster as the lender has already done the due diligence of such properties. Secondly, the fact that lenders have performed a thorough check on these projects ensures that the developer or builder will deliver the project on time. Lastly, the involvement of lenders also ensures that the developer or builder provides all amenities as listed in the agreement.
People planning to get a home loan can check the bank’s list of pre-approved housing projects. SBI has a long-list of pre-approved housing projects. Check some of the prominent ones in key Indian cities:
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List of SBI Approved Builder Projects in Different Indian Cities
SBI Approved Top Residential Projects in Delhi/NCR
Delhi, the capital city of India, offers extensive options for education, jobs, shopping and food. The Delhi/NCR (National Capital Region) includes several districts surrounding the capital city such as Gurgaon, Ghaziabad and Faridabad. People living here can travel almost anywhere in the city conveniently as it is well-connected by Delhi metro and other modes of transportation. Besides the ones already mentioned, there are many other reasons that make Delhi/NCR a great place to buy a home and live. People considering living in the city permanently can check out some of the popular residential projects that are located in Delhi/NCR and pre-approved by SBI:
Project Name | Builder Name | Property Location | Project Status |
Winter Hills | Umang Realtech Pvt. Ltd. | Dwarka Mor, Delhi | Completed |
Victoria Gardens | M2K Group | Azadpur, Delhi | Completed |
Ahinsha Vatika | Ahinsha Builders Pvt. Ltd. | Shahdara, Delhi | Completed |
MGI Maple | KDP Buildwell Pvt. Ltd. | Sector 6, Noida | Ongoing |
Prestige Heights | Prestige Infratech Pvt. Ltd. | Rajnagar Ext., Ghaziabad | Ongoing |
Click Here:- To Check Complete SBI Approved Projects list in Delhi NCR
SBI Approved Top Residential Projects in Bengaluru/Bangalore
Bengaluru, the capital of Karnataka, is one of the major metropolitan cities in India. It has pleasant weather, modern amenities and ample of job opportunities, making it an ideal place to live. Some of the popular residential projects in Bengaluru pre-approved by the State Bank of India are:
Project Name | Builder Name | Property Location | Project Status |
Winter Hills | Umang Realtech Pvt. Ltd. | Dwarka Mor, Delhi | Completed |
Victoria Gardens | M2K Group | Azadpur, Delhi | Completed |
Ahinsha Vatika | Ahinsha Builders Pvt. Ltd. | Shahdara, Delhi | Completed |
MGI Maple | KDP Buildwell Pvt. Ltd. | Sector 6, Noida | Ongoing |
Prestige Heights | Prestige Infratech Pvt. Ltd. | Rajnagar Ext., Ghaziabad | Ongoing |
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SBI Approved Top Residential Projects in Mumbai
Mumbai, the commercial capital of India, is the melting pot of different cultures. The city attracts people from different parts of the country offers them multiple job opportunities and platforms to showcase one’s love for art and theatre. Located by the sea, the city also has amazing local train connectivity. The local transports such as auto-rickshaws and buses are available at night, making it a better place to live. If you wish to buy a house in some city, then you should definitely add Mumbai to the list. Some of the popular residential projects in Mumbai pre-approved by the State Bank of India are:
Project Name | Builder Name | Property Location | Project Status |
The Trees III (Godrej Origins) | Godrej Properties | Vikhroli(E), Mumbai | Ongoing |
Emerald Isle I | L&T Realty | Powai, Mumbai | Completed |
Aveza I & II | Tata Housing | Mulund(E), Mumbai | Ongoing |
Sheth Montana | Sheth Corp | Mulund(W), Mumbai | Ongoing |
Mayfair Legends | Mayfair Housing | Malad(W), Mumbai | Completed |
Click Here:- To Check Complete SBI Approved Projects list in Mumbai
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SBI Approved Top Residential Projects in Gujarat
Gujarat is rapidly growing in terms of its infrastructure as well as job opportunities. Property investment in the city can be highly profitable as the real estate prices in Gujarat are always appreciating. If you are planning to buy a property for investment or even for living in the city, check some of these popular residential projects in Gujarat pre-approved by SBI:
Project Name | Builder Name | Property Location | Project Status |
Ultima Lifestyle | Kamlesh Gandhi Projects | Vadodara, Gujarat | Ongoing |
Ishan Heights | Aman Developers | Ahmedabad, Gujarat | Ongoing |
Iscon Riverside | JP Iscon Ltd. | Ahmedabad, Gujarat | Ongoing |
Swareet Apartments | Bakeri Urban Development Pvt. Ltd. | Ahmedabad, Gujarat | Completed |
Aditya Heavens | Acme Corporation | Ahmedabad, Gujarat | Completed |
SBI Approved Top Residential Projects in Kolkata
Kolkata is the capital city of West Bengal. It is known for its art and culture and revolutionary heritage. The cost of living here is much lower than the other metro cities such as Chennai, Mumbai, Delhi and Bengaluru, making it an ideal place to live. People planning to buy or invest in residential properties in Kolkata should check these popular residential projects that are pre-approved by the State Bank of India:
Project Name | Builder Name | Property Location | Project Status |
Eden Elements | Eden Elements LLP/Eden Grp | Bhowanipore, Kolkata | Ongoing |
Green Residency | Loharuka Infrastructure Pvt Ltd | Kolkata | Ongoing |
Godrej Prakriti | Happy Highrises Ltd. (Godrej Grp) | Kolkata | Ongoing |
Avenida | Tata Housing Development Pvt. Ltd. | Kolkata | Ongoing |
Club Town Gardens | Leisure Developer Pvt. Ltd. | Kolkata | Ongoing |