Your property can be financed with different kinds of loans.
Home loan: This is the most accepted form of financing your property, whether ready to move in or still under construction. Herein, a financial institution provides a loan for the acquisition of a property, on the basis of your current and expected incomes, the value of the said property, the strength of your financial documents and in consideration of the norms of the financial institution itself. The amount of the loan can be expected to be 85-90% of the total value of the property, inclusive of the registration & stamp duty charges but will, in the end depend on the factors mentioned above.

Sometimes, an existing loan can also be increased or shifted, for the purchase of a new property. In case this is acceptable to your financial institution, you can sell off your existing house and use the proceeds to buy a new house.

Bridge loans may be provided for you to buy a new property and sell the existing one. This way, in case there is no existing loan against your current property, the bridge loan can be used to book a new house. This way, you could avoid a forced / distress sale of your existing property and once the existing property is sold, you need to repay the bridge loan.

Home loans may also be transferred from one loan provider to another, in case the second provider offers better terms. However, such a transfer should only be considered after consideration of charges for prepaying the first loan provider and / or transferring to the second loan provider.