In an effort to make homeownership more accessible and hassle-free, BASIC Home Loan, one of India’s leading mortgage fintech platforms, has entered into a strategic partnership with Emperium Pvt Ltd, a renowned real estate developer based in Haryana. This collaboration aims to streamline the home loan process for aspiring homebuyers in Haryana, focusing on projects in Gurugram, Panipat, and Yamunanagar. With a shared commitment to simplifying the housing finance journey, this alliance promises faster, more efficient, and transparent home loan services.
Partnership Overview:
BASIC Home Loan and Emperium Pvt Ltd’s partnership combines the strengths of two key industry players. BASIC’s tech-driven mortgage platform and Emperium’s trusted real estate projects, often pre-approved for home loan assistance, are designed to reduce paperwork and offer a smooth coordination process for customers. From selecting a property to securing financing, buyers will receive all-round support under one roof, making the entire experience seamless and stress-free.
Key Highlights of the Collaboration:
- Locations Covered: The partnership focuses on homebuyers in Gurugram, Panipat, and Yamunanagar, key cities in Haryana with significant real estate potential.
- Loan Range: BASIC Home Loan offers loans ranging from Rs36 lakh to Rs3.6 crore, depending on the project and location.
- Gurugram: Loan amounts range from Rs1.3 crore for 2BHKs to Rs3.62 crore for 4BHKs.
- Panipat: Loans typically range from Rs90 lakh for plots to Rs1.5 crore for villas.
- Yamunanagar: Loans start at Rs36 lakh for plotted developments and go up to Rs80 lakh for villas.
- Processing Speed: The collaboration focuses on faster processing with minimal paperwork, leveraging BASIC’s tech-driven platform for swift approvals.
Quotes from Key Officials:
- Atul Monga, CEO & Co-Founder of BASIC Home Loan:
“We partnered with Emperium for their strong local expertise, proven track record, and shared focus on quality housing. Together, we’re making home loans easier and faster in underserved cities. This collaboration aligns with our strategy to expand our reach through trusted builder partners who put customers first.” - Rahul Singh Sirohi, Business Head – Builder Business, BASIC Home Loan:
“By combining Emperium’s on-ground expertise with our digital capabilities, we aim to close the gaps in housing finance by bringing greater transparency, efficiency, and accessibility to homebuyers in North India.” - Ravinder Saund, Director of Emperium Pvt Ltd:
“This collaboration makes home buying more efficient and trustworthy, especially in high-potential markets. Emperium believes that owning your dream home should be an easy and wonderful experience. We’re excited to partner with BASIC Home Loan to offer a smoother, more transparent financing experience and deliver complete housing solutions buyers can trust.”
Financial Growth and Expansion Plans:
BASIC Home Loan is disbursing approximately Rs1,500 crore in home loans every month and has set ambitious goals for the future. By FY26, the company aims to increase its monthly home loan disbursements to over Rs4,000 crore. This partnership with Emperium Pvt Ltd is part of BASIC’s pan-India growth strategy, which seeks to cater to the increasing demand for housing finance among aspirational buyers.
Summary Table: Quick Facts
| Category | Details |
|---|---|
| Partnership | BASIC Home Loan + Emperium Pvt Ltd |
| Locations Covered | Gurugram, Panipat, Yamunanagar |
| Loan Amount Range | Rs36 lakh to Rs3.6 crore (depending on project and location) |
| Gurugram Loan Range | Rs1.3 crore (2BHK) to Rs3.62 crore (4BHK) |
| Panipat Loan Range | Rs90 lakh (plots) to Rs1.5 crore (villas) |
| Yamunanagar Loan Range | Rs36 lakh (plots) to Rs80 lakh (villas) |
| Monthly Loan Disbursements | Rs1,500 crore, aiming for Rs4,000 crore by FY26 |
FAQ Section:
- What is the new partnership about?
- BASIC Home Loan has partnered with Emperium Pvt Ltd to simplify the home loan process for homebuyers in Haryana. This collaboration will streamline loan processing for projects in Gurugram, Panipat, and Yamunanagar.
- How will this partnership benefit homebuyers?
- The partnership will offer faster processing, minimal paperwork, and comprehensive support throughout the home-buying journey, making the process easier and more transparent for customers.
- What loan amounts are available through this collaboration?
- Loan amounts range from Rs36 lakh to Rs3.6 crore, depending on the project and location. For instance, loans in Gurugram range from Rs1.3 crore for 2BHKs to Rs3.62 crore for 4BHKs.
- Which locations in Haryana are covered by this partnership?
- The collaboration focuses on homebuyers in Gurugram, Panipat, and Yamunanagar, key cities in Haryana with significant real estate activity.
- What are BASIC Home Loan’s future goals?
- BASIC Home Loan aims to disburse over Rs4,000 crore in home loans per month by the end of FY26, as part of its pan-India growth strategy to cater to rising demand from homebuyers.