Hi,
I am 32 years old married woman and wish to buy a property for my mother. I have a good credit score and a high paying stable job To buy the property, i would need 20 lakh of home loan. I do not want to be the owner in the house. It is my gift to my mother.
Having discussed that with HDFC Bank and Bajaj Finance, they said it is not possible for me to avail the loan because i am a married daughter.
Is this true? If yes, doesnt it mean that a mother with no son has no right to have her own home.