LCI Learning

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

Is it safe to buy unapproved layout plots? (panchayat approved)

(Querist) 27 February 2015 This query is : Resolved 
Hi,
I want to know experts opinion for buying a plot in unapproved layout. Seller telling that it is a panchayat approved.

1) Is it safe to buy these kind of plots for resale ?
2) Can we get Housing loan for unapproved layout plots ?
3) What are the issues i may face in the future if i buy unapproved layout plots?

Thank you
R.K Nanda (Expert) 27 February 2015
1. no.

2.no.

3. u can have many legal problems.
ajay sethi (Expert) 27 February 2015
check whether title is clear and marketable.
Rajendra K Goyal (Expert) 27 February 2015
Get all the documents checked by your lawyer in the light of local law.


You need to be the querist or approved LAWyersclub expert to take part in this query .


Click here to login now



Similar Resolved Queries :