Finance for purchase of land
This query is : Resolved
CA Praveen Chopra
(Querist)
03 March 2008
Do banks finance for purchase of land only.
03 March 2008
YES, BUT FOR AUTHORISED LANDS
CA Praveen Chopra
(Querist)
03 March 2008
Authorised by whom ? Either by RBI or Central Govt or by any other body.
CA. GOPAL SONIKA
(Expert)
03 March 2008
Generally banks does not provide finance for purchase of land only. However, you may discuss the issue with few banks.
04 March 2008
BY AUTHORISED LAND BASICALLY WE MEAN LAND SITUATED AT A PLACE WHICH IS APPROVED BY AUTHORITIES .THE LAND WHICH ARE UNAUTHORISE DO NOT GET FINANCE FROM BANKS .IN THIS REGARD YOU CAN CONSULT THE BANKS .
CA. GOPAL SONIKA
(Expert)
10 March 2008
clear
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