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HOME LOAN IN LAL DORA

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Since properties built on lal dora land are not authorized by DDA and MCD, no bank provides home loan against them. This is majorly because banks need the registry or allotment letter for processing home loans. However, in case of projects/properties on lal dora land there is no registry done! Hence, though the prices of such properties are lower than the rest of the market, these carry higher risk..

The Lal Dora areas are the localities falling in between the village and urban areas of Delhi..

 

 

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