Quick answer: We can take an open plot forward if it is HMDA-approved in a residential area, or in an APF venture with both HMDA and RERA approval. Gram Panchayat plots in an HMDA residential area qualify for a plot plus construction loan once LRS is paid. Net plot area must be 100 sq yards or more.
By Vijay Arjun V (B.Pharm, PGDM), authorised LIC HFL DSA since 2002 and DME (Direct Marketing Executive) appointed by LIC HFL. Written on 8 November 2026. Eligibility rules below are our DSA guidance for LIC HFL files; LIC HFL’s credit and legal teams decide each file.
Which open plots can we take forward?
We can help with an open plot only in the cases below. If your plot is outside them, we generally cannot take the file forward, so check before you pay a token advance.
| Plot type | Where it works | What we can arrange |
|---|---|---|
| HMDA-approved plot | Residential area | Loan on the plot; plot plus construction loan |
| Plot in an APF-approved venture | Venture with both HMDA and RERA approval | Plot loan; plot plus construction loan |
| Gram Panchayat plot | In an HMDA residential area, with LRS fee paid | Plot plus construction loan |
Minimum size: net plot area of 100 square yards or more.
What we check first
- Approval: HMDA layout or plot approval, and for ventures the HMDA and RERA registration.
- LRS: for Gram Panchayat plots, proof that the LRS fee is paid. See LRS plot home loan.
- Title and encumbrance certificate.
- Net plot area of at least 100 square yards. See HMDA and DTCP plots.
Plot plus construction in one file
If you want to build, a combined plot and construction loan is the usual route. See plot and construction loan, plot loan in Hyderabad and how construction loan stages work.
Already have a loan? We help with that too
Any new loan, a top-up loan, or a transfer from another bank: we help with all three. See top-up loan and balance transfer.
Related reading: plot loan · plot and construction loan · LRS plots · plot vs flat · APF approved projects
Frequently asked questions
What is the minimum plot size?
Net plot area of 100 square yards.
Can I get a loan on a Gram Panchayat plot?
Yes for plot plus construction, if it is in an HMDA residential area and the LRS fee is paid.
Do you help with a top-up or transfer?
Yes. We help with any new loan, a top-up loan or a transfer from another bank.
Who decides?
LIC HFL’s credit and legal teams.
Sources: eligibility rules as applied by Elite Financial Services (DSA) to LIC HFL plot files; lichousing.com. Checked 8 November 2026. Final decisions are made by LIC HFL’s credit and legal teams.
See also: Plots near Maheshwaram and Shamshabad: which can get a loan.
Hyderabad Home Loans is run by Elite Financial Services, an authorised Direct Selling Agent (DSA) of LIC Housing Finance Ltd. We process the loan login, documentation, and file presentation and structuring according to the most suitable scheme. We are appointed by LIC HFL, but the final decision lies with the credit appraisal team of LIC HFL.