Hello Sir,
My father has a 30*40 land. Me and my brother want to construct a house on this land and we both want to take home loan from a bank to avail tax benefit in salary. Prior to this, we are planning to take the property as a gift deed from our father under joint ownership/registration. My question is will the bank provide home loan to both of us( me and my brother ) under the joint registration/ownership ???
If the above mentioned is not possible, then please let me know the alternate solution ???
