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How to get home loan on Patta land papers without existing owner's name?

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How to get home loan on Patta land papers without existing owner's name?

Last updated: August 19 2019
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  • How to get home loan on Patta land papers without existing owner's name?

    Hi guys,

    This is my first query in this forum as am new.

    I recently (2017) bought a 2100 sq.ft land in Saravanampatti, Coimbatore which is under Housing Acquisition. The seller and his seller's names are not present in patta and after I bought, the Administrative office is not ready to join my name quoting that the land is under housing board acquisition. Now I am planning to build a house and want a loan. How to go about it. One of the guy in the office asked me 1.3 L to enter my name in patta through loop holes he knows. But I am not ready to pay such a huge amount for it. Can you guys please guide me on this issue ?

    Thanks a ton in advance
    Last edited July 29 2019, 04:14 PM.
  • #2

    #2

    Re : How to get home loan on Patta land papers without existing owner's name?

    Dear Mr. Sunder,

    If the land is in housing board accusation then you need to get NOC from the housing board and then only you can get patta from the revenue officer. Until that the land is not yours. Bank will also not entertain for this property. Its better to get NOC from housing board.
    Last edited August 19 2019, 08:27 PM.

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