I shortlisted a builder flat in Uttam nagar area. The builder said except "approved plans", he will provide all the documents. He will get the home loans sanctioned from banks like DHFL or IndiaBulls but not from psb banks like sbi.

Please suggest , how safe is it to buy flat without approved plans?
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  • Originally Posted by hpratap29
    I shortlisted a builder flat in Uttam nagar area. The builder said except "approved plans", he will provide all the documents. He will get the home loans sanctioned from banks like DHFL or IndiaBulls but not from psb banks like sbi.

    Please suggest , how safe is it to buy flat without approved plans?


    When you buy fruits and vegetables, do you pick them yourself after selection or you listen to the vendor who tell you "sab accha hai Sir"

    Why do you want to take risk with a builder who doesn't even have approved plans ??
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  • flats in Uttam nagar is cheap, compared to other places in Delhi. i was planning to buy one sometime ago, builder said he can get the loan but there will be 7% charge on Laon amount.
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