Why is home loan not available in Chattarpur?
Updated: Jul 6, 2022
The answer to your question has to be found in the title deed of the land. If the land is classified as ‘Lal Dora’ which is mixed use for the purpose of villagers, banks would not lend on the security of that land as there are issues in loan recovery by enforcing the mortgage. Other than that, Chhatarpur being in Delhi, there is no reason why banks will not cover it for home loans.