Home Loan for Gram Panchayat property in Thane
Some important points you need to keep in mind before buying gram Panchayat Land:
- Ensure to pay the conversion fees for the conversion of agricultural land for use as residential property. Usually it is around 6 per cent of the registration fees.
- Be sure to leave 1/3rd space of the land as open space. Be sure to check with the municipality or the gram Panchayat for clarifications. In some conditions, there is a waiver.
Gram Panchayat Home Loan in Thane Area
- Housing loan/Finance Corporation and cooperative banks are well known to provide loans for gram Panchayat lands. Try to get in touch with the financial institution to understand the product details and how to avail the loan for a gram panchayat land.
- The land prices under the gram panchayat are usually very low. In order to have a smooth transaction, ensure to have the necessary paper work and registration papers
- If the land is not on the outskirts of the city, ensure you comply with the panchayat layout rules and guidelines.
Gram Panchayat Home Loan Thane | Home Loan for Gram Panchayat property in Thane
- Product Code: 08
- Availability: 2-3 Days