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Real Estate Forum on Home Loan for Prateek Laurel in Sector-120, Noida

Real Estate Property Discussion Forum and Guide to Real Estate Queries for Prateek Laurel in Sector-120, Noida

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Q: Hi, I booked a flat in Laurel in tower B and have recently received a demand for 10th floor casting. Due to the current situation in noida, the bank is refusing to disburse the loan amount.

Have any of you guys faced the same problem? Are you going ahead with the payment or should we ask the builder for and extension till the bank clears the project again?

Please reply asap. You can contact me at arjunko10@rediffmail.com
Latest Answer: Request your bank to give a written statement/letter for refusing to disburse the loan amount. Give the copy to builder and request him for extension. If builder not agrees, seek legal expert opinion and remember to keep letter from builder and bank for future reference
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