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Housing loan

(Querist) 06 April 2013 This query is : Resolved 
sir/madam my father taken a home loan from haryana housing board in 1991 for a amount of rs. 95000/- due to big financial problem he unable to payment the loan. we are two brothers now i m a govt servant and my brother is povt teacher, but we are in position to pay the loan amount. At present housing board calculated as rs. 1119450 including panel interest and other charges. this amount is so big for us can tell me what i can do now or how i manage the loan amount. I will be very thank to you for this kindness of work.
Sudhir Kumar, Advocate (Expert) 06 April 2013
1991?

since when the loan is in default?


why they have not taken action?
Nadeem Qureshi (Expert) 06 April 2013
Dear Querist
Contact conceren authority and negotiate the amount other wise wait and watc till they filed any case or take any legal action.
Nadeem Qureshi (Expert) 06 April 2013
Contact Mr. Makkad
he is from haryana
satbir singh (Querist) 06 April 2013
haryana housing board give many notices time to time and arrest my father 1991-2002 five time or i already pay rs 200000 till to date.
But at this time i want to clear the loan
Devajyoti Barman (Expert) 06 April 2013
do as advised above.
R.K Nanda (Expert) 06 April 2013
contact local lawyer.
Raj Kumar Makkad (Expert) 06 April 2013
Satbir! Haryana Housing Board cannot recover more than double of the loan amount. Call me tomorrow morning in this regard.


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