I am looking to buy a plot in Bangalore. Does any bank offer home loan (not personal loans) for the plots?
I want to buy a plot and get the house constructed. I approached some banks for this and they are ready to give me personal loans, but i am looking to get home loan as i would work our much cheaper and i can also avail the tax benefits. Please let me know if any bank have any such product to offer.
LIC HFL is giving 40% of your eligibility for purchase of plot with a condition for you to build home in 2 years.
Can I take home loan from US for a home in India?
I stay in US and am planning to own a house in India. Is there a way that I could take a home loan from US bank and own a house in India? Any help / suggestions would be great
Will I be able to get the home loan from gov bank for reconstruction of house?
I am an Indian. I live in Bhopal, outskirts of Ahmadabad, India. The house is in father's and mother's joint name.My parents are alive & are dependent on me as I am the earning member in house. I am the only son & my sister is married. I want to reconstruct my house by taking home loan. Do I need to pay stamp duty on document to get the home loan from gov bank? What shall I do so that I can get Home Loan from Gov. bank?
yes certainly you can get home loan for reconstruction. Since your parents are the present owners, you have to get the property transferred to your name for availing home loan. It is simple documentation only. They will have to settle it to you by a deed of settlement. The maximum cost for such transfer here in Tamil Nadu is restricted to Rs.12,000/- You will have to check it up in your region. By this you get the title in your favor. Now you can obtain the proposed construction sanction plan from local municipality and approach any nationalized bank. It will be approved subject to your eligibility.
Wednesday, October 7, 2009
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