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Finance for purchase of land

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(Querist)
03 March 2008 Do banks finance for purchase of land only.
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CA Saurabh Maheshwari

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CA Saurabh Maheshwari (Expert)
03 March 2008 YES, BUT FOR AUTHORISED LANDS
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CA Praveen Chopra

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CA Praveen Chopra (Querist)
03 March 2008 Authorised by whom ? Either by RBI or Central Govt or by any other body.
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CA. GOPAL SONIKA

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CA. GOPAL SONIKA (Expert)
03 March 2008 Generally banks does not provide finance for purchase of land only. However, you may discuss the issue with few banks.
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CA Saurabh Maheshwari

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CA Saurabh Maheshwari (Expert)
04 March 2008 BY AUTHORISED LAND BASICALLY WE MEAN LAND SITUATED AT A PLACE WHICH IS APPROVED BY AUTHORITIES .THE LAND WHICH ARE UNAUTHORISE DO NOT GET FINANCE FROM BANKS .IN THIS REGARD YOU CAN CONSULT THE BANKS .
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CA. GOPAL SONIKA

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CA. GOPAL SONIKA (Expert)
10 March 2008 clear

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