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How to apply for individual bank loan for construction.


19-Nov-2023 (In Property Law)
Sir/Madam 1.we are 10 friends and proposed to buy 50 sq.yards of land each , total 500 sq.yards 2. all of us want to construct a common house/flats 3. how to claim individual loan(bank) for construction of a house (all of us want to take) 4. what /how are the procedure to follow/registration/documents required thank you.
Answers (1)

Answer #1
785 votes
10 friends and proposed to buy 50 sq.yards of land each , total 500 sq.yards 2. all of us want to construct a common house/flats 3. how to claim individual loan(bank) for construction of a house (all of us want to take) 4. what /how are the procedure to follow/registration/documents required.

U can approach the bank for personal loan and giving this property as security toward the loan.

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