Gic Housing Finance — issuing loan without rera registration

Address:East Godavari, Andhra Pradesh, 502032

While all housing loan providers are issuing loan to buy housing property with rera registration as mandatory, is gic an exception to these instructions to provide upfront loan without an sort of work started and without rera registration. Does gic release loan without any specific milestone of work. My builder hasn't provided any agreement till date but gic has come up to provide loan within 2 weeks, where as the housing layout doesn't even show any roads leave about houses
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Thought the Govt has reduced the repo-rates the GIC Housing Finance is not reducing the Rate Of Interest against the HomeLoan I have with them.

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    +91 22 2285 3866
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    Royal Insurance Building, 6th floor, 14, Jamshedji Tata Road, Churchgate, Mumbai, Maharashtra, India - 400020
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