Hi, I am planning to buy a builder floor near Dwarka Mod. There are 16 units in 4 floors total. There is a parking on the ground floor.
The building is less than 15m in height.
The 4th floor has four units. I want to buy one of these four units present on 4th floor. There is roof right also. Some people said maybe its because of 4 units on 4th floor.
Now, i am facing trouble in getting a loan for it. A bank verification officer came to check the house but denied us the loan because it is on the 4th floor.
Now i am worried whether this house is worth buying or not. Is it illegal to have 4th floor in builder floors? one of the 4 flats is occupied already. all have electricity too. Registry is also being done for them. But the loan officers attitude made me wonder about the legal aspect.
so my question: Is the builder floor illegal? Is it risky? If its illegal then how come they have pipe gas, registry and electric meters?