panchayat approved property

KARTHIKEYAN (Querist) 15 December 2010 This query is : Resolved
I am planning to by land near mahabalipuram, layout is having panchayat approvel only,wheather can i able to get approvel from DTPC for that land,and may i eligible for housing loan to bulid to new house there,they are giving approvel for construction from phanchayat also..........

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s.subramanian (Expert) 16 December 2010
yes.

Advocate. Arunagiri (Expert) 16 December 2010
Yes. The bank will grant loan depending upon your repaying capacity.

Sri Vijayan.A (Expert) 17 December 2010
Panchayat approved land is as equivalent to DTCP approved land.
But the different is the Later has very good facility like broader and lengthier roads, provisions for schools, shops, govt offices, etc; but these are absent in former

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