Can you trust your lender?
Hindustan Times
The response to a query filed by Ashish Kaul, vice-president, Federation of Apartment Owners’ Association, Greater Faridabad, under the Right to Information Act is a damning verdict on the safety checks carried out by banks before disbursing loans. Home loans had been sanctioned for about 80% units in a society with 10,000 apartments, but HT Estates understands from the RTI reply that the building plan had not been approved by the district town planner, Faridabad.
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