How to avail mortgage for development of dwelling?- Property Hotline
Fast Payday Loans up to $1,000 | Start Your Online Form
Be Un – Bewildered :
Professional: Harshil Mehta, CEO of DHFL.
Problem: I ordered land for Rs20 lakh and registered it four years back. Can I avail a dwelling mortgage for developing a dwelling on land? What is the accurate course of action to do so?
Reply: You can avail a mortgage to build the dwelling on land. You need to have to method the financial institution or the housing finance firm in request for a development mortgage. One point you need to have to remember that the titles of that land will be there with the financial institution or the housing finance firm as a stability. And also you will have to start off the development within 3 years following using that mortgage