Here are the Top 10 Areas in Delhi where Loan Against Property (LAP) is commonly availed due to high property value and demand:

1. Connaught Place (CP)

• Premium commercial and office space hub.
• High property value makes it ideal for securing large loans.

2. Karol Bagh

• Mix of residential and commercial properties.
• High footfall due to its market and business presence.

3. Nehru Place

• One of the largest IT and commercial hubs in Delhi.
• Suitable for high-value loans against commercial property.

4. Saket

• A prime residential and commercial locality.
• High-end properties help in getting larger loan amounts.

5. Vasant Kunj

• An upscale residential area with independent houses and luxury apartments.
• Properties here have high valuation, leading to better loan eligibility.

6. Dwarka

• One of the largest residential zones with planned infrastructure.
• Increasing property prices make it a good choice for LAP.

7. Green Park

• Well-established residential and commercial area.
• High property appreciation ensures better loan terms.

8. Lajpat Nagar

• A bustling commercial and residential hub.
• Popular among businesses for availing LAP.

9. Rajouri Garden

• A mix of high-end residential properties and thriving markets.
• Good rental income opportunities enhance loan approval chances.

10. Pitampura

• A well-developed area with high property value.
• Proximity to commercial hubs makes it ideal for LAP.

Why Choose Loan Against Property (LAP)?

• Lower interest rates compared to personal loans.
• Higher loan amount based on property value.
• Longer repayment tenure.
• Can be used for business expansion, medical emergencies, or personal needs.