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I have a House in Gurgaon on Power of Attorney & area is unapproved
I have a House in Gurgaon on Power of Attorney & area is unapproved. I have Required Rs. 250000/- as Home Loan for Extension of Home. Pls give me details if Home Loan available from any Bank. I am paying Rs. 8000/- EMI as Personal Loan & our monthly in hand Salary is Rs. 18500/- (ICICI Bank.)
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What type of papers you have? Is the land is N.A.? The title of Property on which you are going for laon, is clear & marketable title? Can you get search report & valuation report for that property? If not pl. regularise the property from proper officer and then go for laon. Any Bank cant give the loan on property which is not having clear & marketable title as per the rules & regulations of RBI.