Legal Question in Real Estate Law in India

Dear Sir,

I Have i qry . I had applied to 1 bank for home loan and in Between that period my proparty has been final and after rec sangtion letter i have done my agreement and i have mention that bank name in agreement but now that bank said me ur property document is not fulfil so we are not giving u loan . so my question is how can i make change in that bank name mention area in registration ?

Hemlata shah

Asked on 8/29/13, 10:37 pm

2 Answers from Attorneys

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Answered on 8/30/13, 3:32 am
Fca Prashant Chavan Expert Edge LLP


Dear Hemlata,

Since you have already received the Loan Sanction Letter, the bank cannot thereafter alter its decision not to give you the loan. You should lodge a compensation case against the concerned bank for letting you down at the last minute. If you have secured the home loan through another bank, just submit a simple application to the Tehsildar / District Registrar to replace the previously registered Agreement with the new Agreement containing details of the new bank that has sanctioned you the loan.


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Answered on 8/30/13, 9:48 pm

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