India, Oct. 22 -- The volume and value of home loan disbursals in top Indian cities have increased by 10% and 15%, respectively, in FY25, according to an Urban Money report. For buyers of under construction properties, these loans are typically disbursed in stages as construction progresses rather than all at once. Most buyers don't think much about that structure until there is a mismatch between their first EMI statement and what they budgeted for.

The reason is simple: a loan for a property that's still being built arrives in pieces, tied to how much of the building actually exists at any given point. This structure determines your home loan disbursement and the monthly payment before you're anywhere near moving in, and it's the part ...