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Date : Jul 22, 2009

Question

Sir i am from jalandhar i identified a property in jalandhar this property is rented as commercial shops by last owner rest is as residancial purpose. Property is on main commercial road of jalandhar bank refuse to give home loan, so please tell me what to do i want home loan for that property, some banks saying that thus property is semi commercial so we are unable to give you home loan. i am confused help me where i go i have made almost 70% payment and rest 30% means 7500000/- i want loan from bank.

Answer

Please try and approach another bank for the loan. Check the home loan comparator for offers from various banks. It is also advisable to consult a loacal lawyer specialsing property matters to get clarity on the legal status of property.

 

 

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