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Old 18-01-09   #7
Natarajg007
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Quote:
Originally Posted by abk View Post
please differentiate between grama natham and natham poromboke.gramanatham is private freehold land equal to a patta land but you will not get approval for anything commercial
NATHAM means residential,whereas natham poromboke is public(govt) land
grama natham private land has no problems but many banks hesitate in giving loans to it.this is because of misinformation.
you can consult a VAO in this regard he will guide you properly.I have built a house on grama natham land and availed loan from LIC (1997)
Abk, you are giving very useful information. Keep it up.
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