Plot of land
photo by demibrooke

Buy land. They’ve stopped making it. – Mark Twain.

Banks and housing finance companies (HFCs) in India provide loans for purchase of plots (land). Usually, the banks/HFCs insist that the plot of land is purchased from a recognized authority like a development authority, from a society, or from a recognized developer. Financing purchase of plots is a bit risky because of difficulty in documentation. Continue reading “Buying a plot of land?” »