State Bank of India (SBI) has provided a list of approved real estate projects, including both under-construction properties and completed projects, across the Chennai Metropolitan Region. Banks and NBFCs/HFCs usually scrutinise these housing properties to establish their title and legality. They generally oversee the whole process of construction for each project in the approved list to enable housing loan applicants get ownership of their home property by the targeted completion date. Furthermore, lenders usually give top priority to loan approvals and disbursal for home properties mentioned in the approved projects list while asking for minimum documentation.
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