Sometimes, but it is harder than for a ready flat. Banks and finance companies prefer a registered, approved property they can hold as security, and a land share is an undivided part of a plot until the flat is built. Talk to lenders before you book, with the deed, approved plan and agreement in hand.
Many buyers assume a land share is as easy to finance as a flat. In practice, lenders' conditions can differ, so it pays to plan ahead.
Why loans are harder for land shares
- Security: lenders want property that is separately identified and registered. An undivided share of land is less attractive as security.
- Construction risk: until the building is finished, the property is hard to value.
- Several owners: joint ownership adds legal complexity.
What lenders usually check
- Income proof (salary slips or business papers, tax returns)
- 6–12 months of bank statements
- National ID
- Property papers: deed, khatian, mutation, RAJUK approval and the sale agreement
How much you can borrow
Lenders commonly finance around 60–80% of a property's value; the rest is your down payment. Rates, terms and eligibility differ by lender and change over time, so get current terms directly from the lender.
How to prepare
- Talk to 2–3 lenders before you book
- Ask specifically whether they lend on undivided land shares or under-construction flats in joint projects
- Have a backup plan for instalments if a loan doesn't come through
- Keep the monthly instalment affordable; many buyers aim to keep it under 40% of monthly income
Lenders will ask for these papers, so check them yourself first: 7 Documents You Must Check Before Buying a Land Share
Frequently asked questions
Do all banks lend on land shares?
No. Not every lender does, and conditions differ. Ask each lender separately and get the terms in writing.
How much down payment do I need?
Lenders commonly finance about 60–80% of the value, so you may need to pay the remaining 20–40% yourself. The exact share depends on the lender and your eligibility.
What if I don't get a loan?
Check your instalment plan and your chances of loan approval before you book. Try to include terms in the agreement for what happens if financing falls through.
Talk to Proyojon Abashon
It is normal to have questions before you decide. At Proyojon Abashon, you can review any project's documents at our office, and you are welcome to bring your own lawyer. Call +8801323280004, or visit Level 4, House 23, Road 16, Nikunja 2, Dhaka.
This article is general guidance, not legal or financial advice. বাংলায় পড়ুন: ল্যান্ড শেয়ারে কি হোম লোন পাওয়া যায়? যা জানা দরকার
Key takeaway
- Loans are harder for land shares than for ready flats
- Lenders commonly finance about 60–80% of the value
- Ask lenders before you book
- Keep the monthly instalment affordable