Legal Question in Real Estate Law in India
I have booked a flat in underconstrction building. Agreement has been registered. Regarding the building everywhere in the agreement the term "building to be constructed on plot no. such and such..." has been mentioned. Thus the building name is not there in the agreemnt though everything else like survey number, location etc. are clearly mentioned. Consequently, the name of the building is not there in Index II also. I approached a bank for home loan. They turned down my agreement citing that building name is not mentioned. Is it a justified reason for decling the home loan. Kindly give your opinion.
Asked on 12/08/09, 11:14 am
1 Answer from Attorneys
RAJIV GUPTA
(Cell: +91 9811284735) [email protected]
yes, for the bank, it s a justifiable reason. you may approach the builder for the corrections.
Answered on 12/09/09, 12:12 am
Related Questions & Answers
-
Can any one help me with draft of amenities agreement. Asked 12/08/09, 5:40 am in India Real Estate and Real Property
-
Hi, Three years back, I booked a flat in an upcoming projects in Rudrapur... Asked 12/07/09, 11:45 pm in India Real Estate and Real Property
-
I own a flat in goa for which I had executed a sale deed with the builder and... Asked 12/07/09, 4:55 am in India Real Estate and Real Property
-
Is it the law? No succession certificate is required in case of inheritance of... Asked 12/04/09, 2:17 pm in India Real Estate and Real Property
Looking for something else?
10,200 active attorneys ready to answer your legal questions today.
Featured Attorneys
Earn additional revenue and grow your business.
