Hi,
Iam Planning to buy an idependent house in Hyderabad, which is costing around 30 Lakhs as per the prevailing market rates, But the governrment value for registring the same house is about 12.45 Lakhs.
Home laon dept. from HDFC, ICICI Bank says they can provide 80% to 85% loan on the registered value and not on market value, inspite of my Personal eligibility of 34 Lakhs based on my profile.
My Queries are
1.How Can i get more laon.
2. Can i increase registration value to get more loan, if yes to what extent.
3. India Bull guys are approaching me saying they can get 100% laon on registered value and further they suggest i should increase house registration value to get more laon amount. Can I really do that?
4. if i go with India Bulls will i be able to do balance transfere later?
5. What are the best terms i need to negotiate with banker for Home Loan.
Regards
Akbar