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Does Jacaranda Block have all legal approvals??

Q: Looking for people who have bought an apartment in Jacaranda block. Does Jacaranda have all legal approvals? Citibank lawyers have not cleared Jacaranda - I went for a loan to Citibank and their lawyers have not come back with an approval after 1.5 months. I understand HDFC, Axis Bank etc have approved this block. If anyone has up-to-date information, can you please post? Thanks!
Replies (7)
1
I heard registration is a issue for JAcaranda
Prashant Aggarwal


Is there any issue with this project? Why there is a problem with registration? Explain
Abhijit More,  Bangalore
5th May 2015


I have checked in many of the website and it shows that the project is ready to move in then why is the reason that people are facing problem in registrations
Rajiv,  
12th May 2015


2
Thanks everyone for your replies. Yes, I understand HDFC, ICICI and other banks have approved.

Bhargav, the lawyers did not inform me of any specific legal issue, but Citibank took so much time with such poor communication that I finally gave up on them.
Partha Bose


3
Hi Mr.Bose, did those lawyers inform you that there is any legal issue with Jacaranda?
Bhargav Dev


4
As far as I know, HDFC strictly verifies before approving. So I think you can take loan from HDFC if you are interested.
Srikanth


5
Nothing to worry about the approvals.. The builder has completed all the legal formalities.
Sitaram


6
Hi Partha, You can apply for home loan from other banks also?
mohidul.mojumder


7
As ar as I know all the leading financial institute like Corporation Bank, HDFC Bank, Axis Bank, LIC Housing Finance Ltd, State Bank of India, HSBC, Standard Chartered Bank has given approval for this project.
subha.m1090


8

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