it should be mandatory for him to declare by way of an affidavit-cum-undertaking that the built up property has been constructed as per the sanctioned plan and/or building bye-laws and as far as possi

MASTER CIRCULAR REGARDING HOUSING LOAN BY BANKS – THE PRESENT PRACTICE OF THE BANKS TO FINANCE ILLEGAL BUILDINGS AND LAYOUTS – ANOTHER SCAM – FINANCING ILLEGAL STRUCTURES OR BUILDINGS

ECOPACKINDIA / February 22, 2018

Many Banks and other financial institutions are LENDING OR FINANCING the housing sector and more than 50% are ILLEGAL TRANSACTIONS, […]

ECOPACKINDIA / November 5, 2017

Master Circular – Housing Finance A. Purpose To consolidate framework of rules/regulations and clarification on Housing Finance issued by Reserve

RESERVE BANK OF INDIA HAS ISSUED A MASTER CIRCULAR ON 01-07-2014 TO ALL THE BANKS, WHICH READS AS UNDER: