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Old 02-02-10   #1
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Default Purchasing property meant for Economically Weaker Sections

Hello,

I want to buy a small plot for myself. This plot is located in Jabalpur MP. I have taken personal loan for the payment of the plot. However, after finalising the deal we realised that the plot has been marked for Economically weaker sections.

Will I face any problems if I buy this land in taking home loans. Will it be considered in illegal buy?

Please suggest.
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Old 06-02-10   #2
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Default Yes

Yes, u might end up in trouble as these schemes for economically weaker sections are not for general public & if you buy such property tomorr ow you would be hounded by the laws
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