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Company purchase of a building

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(Querist)
04 August 2011 Dear Sir
My company is purchasing a building through Company purchase instead of buying through deed.My question can we apply for loan against that building.
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CA. Dashrath Maheshwari

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CA. Dashrath Maheshwari (Expert)
04 August 2011 Yes, you can take term loan against it.. however, Housing loan is not available in such a case.

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