Regarding change in plan of House after sanctioning of Loan

POSTED BY reshmagec1 ON April 2, 2014 10:36 pm ONE COMMENT

I have applied for a housing loan of 15 Lakhs, for constructing a house of 2200 Sqft area.

After sanctioning of loan, we have decided to build a house with area around 1700 sqft. Cost of construction was 20 Lakhs as per estimate submitted for 2200 sqft area. I wanted to know whether I will be getting 15Lakhs amount or lesser than that? What should I do to get the same loan amount for the same..!! Please help.

One reply on this article “Regarding change in plan of House after sanctioning of Loan”

  1. ashalanshu says:

    Dear Reshma, please contact your bank and update the details, bank ‘ll take necessary action.

    Thanks

    Ashal

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