In some areas the registry of residential land is not permitted by the Government. Hence the property is purchased through a document called GPA. In a GPA purchase the property is transferred from the buyer to the seller through a document called General Power of Attorney.
Getting home loan on GPA Property is a difficult task as most of the banks and NBFCs do not finance the GPA Property. There are so many colonies in Delhi, Gurgaon, Noida and Ghaziabad where registery of property is not allowed. However if you are also looking to buy a property in such area where registry is not allowed, We can help you in getting the loan on GPA Property. To know more about the details on Home loan on GPA Property, pls contact us.