Loan Against Property in Noida is mainly known as LAP and is an important term to understand. In real estate industry this is a type of loan raised against property. It is a type of secured loan that anyone can avail by keeping either a residential or commercial property as collateral to the lender. The mainly considering factor for availing this type of loan and it to be approved is that the property should be freehold and fully constructed. No under-constructed property can be kept as collateral and no loan can be raised against it. However, there are some cases where lenders offer a LAP even against a plot of land. But that is completely the choice of lender. This borrowed money against the property is considered the simplest way out for your financial needs. It allows the borrower to use the locked-up value of the property while continuing to enjoy its occupancy without any hurdle or problem. Even the rate of interest on loan against property is comparati...