Hi Sir,
Need your advise.
There is 27 villages which is not included in KDMC Munciple corporation.
Now a days that all villages is gone well develop because of constructions but since this is not included in Municiple corporation & mapped under gram panchayat leading banks(HDFC,ICICI,AXIS,DHFL) denied individual home loan and even finance to builders.
1. Most of the banker's is saying we have not allowed to finance to gram panchayat property, then how they are managing home loan finance in other districts e.g. Ratnagiri, Satara, Jalgaon & Yawatmal.
2.If any person purchased that property and want to avail Home Loan from leading banks (becasue this banks offer low rate of interest) instead of NBFC & CO-Operative banks (Because NBFC & CO-Operative banks charging 14%-19% inerterest per annum) what will be procedure?
Need your expert suggetions