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Home > Forum > Chennai > Minjur > Home Loan > Is this project leagally clear?

Is this project leagally clear?

Q: I planning to book and go for bank loan. Please provide input if anyone had

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Also see discussions for
Chennai Minjur Sri Jayalakshmi Nagar Home Loan Home Loan in Chennai Home Loan in Minjur Home Loan in Sri Jayalakshmi Nagar
Replies (3)
1
This project has not be cleared in Bank(LIC) for loan. Had taken legal opinion from lawyer, lawyer is insisting on Legal heirs certificate and family tree being ancestor property. Moreover this is sold through revocable POA, by SVIP marketing agent. Hence be cautious in buying the land.
priyanth


Thank you very much for your guidance. It's a well thought through the response that the project has some legal issue.I think It is better to discussed with the builder regarding this matter.
Hemanth,  Chennai
4th August 2015


2
Thanks Sreenath. Anyone of you had booked. If booked did you availed bank loan for the same.
priyanth


3
Hi Priyanth, Good project with the total land area of 5 acres and clear title document once customer booked the best plot and the documents will be hand over documents to the genuine customer. Cmda approved plots at minjur city.
Sreenath


Thanks Sreenath, what about connectivity of this project from other parts of Chennai?
Parashuram,  Chennai
21st July 2015


A project is located within 3 km distance from government proposed smart city, Which is being expected to locate in ennore port and thermal power plant as per central minister nithin cutkari speech on thandhi news.
Anil Kumar,  Chennai
21st July 2015


Projects is well connected with basics need of people to attract population in this area. Within 2kms distance can we reach railway station,Bus stand, Share auto,Market ,Hospitals,Schools, Colleges,Theater, Super market, Temples etc,.
Sreenath,  Chennai
21st July 2015


4

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