Online Copyright Registration in India

Protect your creative work
Books, Songs, film, websites, Software, painting, fashion Design etc
Call now: 09891244487

Ask Our legal Experts, on issues related to Divorce

File Mutual Consent divorce right away

Call at ph no: 9650499965
Search On:Laws in IndiaLawyers Search

To Appeal before CIC - Central Information Commission
For Filing and Hearing contact: Choudhury's law Office
Ph no: 8851046564

Author Topic: Purchase of apartment by Loan? please advise  (Read 799 times)

0 Members and 1 Guest are viewing this topic.

Offline Raj1

  • Newlaw
  • *
  • Posts: 1
  • Karma: +0/-0
  • Welcome to legal Service India - law forum for free legal Information
    • View Profile
Purchase of apartment by Loan? please advise
« on: September 16, 2015, 10:44:00 AM »
dear sirs,

i need your advise as i want to purchase one flat. I have some funds, and also planning to borrow amount from my family members to buy flat.

But most of my friends are advising to go for loan, as when bank gives loan they will only do all legal verification of property and only then give loan. so it will be safe that property wont have any legal hurdles.

is it true banks do proper legal check of property before giving loan? is it better to go for private bank or national bank?

request your advise soon sirs

Offline adv.amarnath

  • Veteran at Law
  • *****
  • Posts: 1521
  • Karma: +59/-7
  • Advocate Amarnath Sanyal from Kolkata, West Bengal
    • View Profile
Re: Purchase of apartment by Loan? please advise
« Reply #1 on: September 16, 2015, 11:07:57 AM »
All are rubbish ideas and advice. Hope they are Law Pundits. I dont have time to criticise fools.  Anyway, before purchasing a property you must make a proper 'SEARCHING' before DSR, SRO, RA as well as all court having jurisdiction. It will be more better if you ask a lawyer to give you a non-encumbrance certificate on his letter head. If the report/ Title of your property is good, then you can buy it.

No need of bank loan for legal check. Will your friends share the high rate of interest with you? Definitely not. So, if you can afford to buy a property then why for Home Loan?

Amarnath Sanyal
Email -
Mob - 09830303322


File a Consumer Complaint
Property verification
Call: 9873628941

Lawyers in India - Listed city wise Mumbai
lawyers in London
lawyers in Birmingham
lawyers in Toronto
lawyers in Sydney

lawyers in Milan

Delhi - New Delhi
lawyers in New York
los Angeles
lawyers in Dhaka
lawyers in Dubai

Copyright Registration

Ph no: 9891244487

For Mutual consent Divorce in Delhi - Ph no: 9650499965

Home | Bare Acts | Law Forms | Supreme Court Judgments | Legal Advice | Lawyers | Submit article | Sitemap | Contact Us

legal Service is Copyrighted under the Registrar of Copyright Act ( Govt of India) 2000-2017
Get Free legal Advice here from top notch lawyers in India