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Biji (Business Manager)     25 October 2012

Buying a land

Hello All,

 

i was investing in a land that is funded by LIC, that i can avail loan from LIC to buy this land in bangalore. Is it safe to purchase or I should do a legal verification of documents from my end. What are the possible threats in these cases

 

Thanks,

Biji



Learning

 1 Replies

surjit singh (Assistant)     17 November 2012

Since the land is funded by LIC and you decision is good to have a loan from the LIC itself. But to be in a safer side it is always good to check the legal documnet and revenue records throughly before accelerating.


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