Home Loan
Home Loan on GPA Property is a Housing Loan in which some HFCs/NBFCs provide financial assistance with specific terms and conditions (i.e.- Subject to Sale Deed). What is GPA ? GPA stands for General Power of Attorney. It is a legal instrument that is used by a person (Grantor) to confer Authority on the person (Grantee) […]
Banks generally do not make Home Loan on Regularized Area Property. However, there are some HFCs and NBFCs which provide Home Loan on Regularized Area Property with some special terms and conditions. What is Regularized Colony ? A regularized colony is one whose land use is changed by the government in a statutory manner. Since […]
Banks usually do not entertain application for Home Loan on Unauthorized Property. But, there are certain HFCs / NBFCs that provide Home Loan on Unauthorized Property. What is unauthorized / unapproved Colony ? Generally unauthorized / unapproved colonies are not included in the master plan. Disadvantaged urban middle class and urban poor people live in […]
