How can I register Unauthorised colony in Delhi?
If you are a resident of Delhi and own a property in any unauthorised colony of the national capital, you are eligible to apply for property registry papers on the PM UDAY portal. Follow the procedure step-by-step: Step 1: Visit the PM UDAY Portal (click here) and scroll down to find the PM UDAY ‘Registration’ option.
What documents are required for loan against property?
Documents Required for Property Loan
- Application form with a recent photograph.
- Proof of Identity (Passport Copy /Voter ID card /Driving License /PAN Card)
- Address Proof (Ration card /Telephone Bill /Electricity Bill /Rental agreement /Passport copy /Bank Passbook or Statement /Driving License)
Can we get loan for unapproved land?
LOAN ON FLAT OR FLOOR OF UNAPPROVED AREA: You can borrow home loan from bank or NBFC in unapproved area on a single flat or floor up to 3rd floor. Construction loan will be disbursed once plot loan is disbursed and all the property papers related to plot is in the record of bank or NBFC.
How can I get a loan against my property without proof of income?
7 Tips To Avail A Loan Against Property Without Income Proof
- Tip 1: Try Talking To Your Relationship Manager.
- Tip 2: Add A Co-Applicant.
- Tip 3: Explain Your Income Clearly To Your Officer.
- Tip 4: Justify Why You Do Not Have The Necessary Documents.
- Tip 5: Check Your Savings Bank Account.
- Tip 6: Choose Lower Loan To Value.
How do I register my home in the unauthorized colony?
For registry of their properties with the Delhi government’s revenue department, residents of unauthorised colonies have to get a conveyance deed from the Delhi Development Authority. For this, they will have to register on DDA website and fill the application form under PM-UDAY.
What are Unauthorised colonies in Delhi?
“Unauthorised Colonies” is the label given by the Delhi Development Authority (DDA), to the hundreds of residential colonies that have evolved in Delhi over the past twenty years, without DDA’s authorisation and in complete disregard to the city’s masterplan regulations.
Can I get loan against my flat?
You can use your self-occupied residential or commercial property to borrow a loan. The property is used as collateral and the loan is disbursed by the lender as per the property value and your income to pay back the borrowed amount. “A person owning a freehold or leasehold property can apply for loan against property.
Which bank gives loan against property?
Best Loan Against Property Schemes
| Bank | Interest Rate | Tenure |
|---|---|---|
| ICICI Bank | 8.35\% p.a. – 10.00\% p.a. | Up to 15 years |
| HDFC Bank | 8.00\% p.a. – 8.95\% p.a. | Up to 15 years |
| IDFC First | 8\% p.a. onwards | Up to 20 years |
| Tata Capital | 10.10\% p.a. onwards | Up to 15 years |
How can I get loan from Patta land?
Yes. For patta land with building approval from CMDA / DTCP, you can get plot loans, which will be offered at around 50 to 60\% of the estimated land value. However, if building approval is not there, then it will become very difficult to raise plot loans in Tamil Nadu.
What means NBFC?
Non-Banking Financial Company
A Non-Banking Financial Company (NBFC) is a company registered under the Companies Act, 1956 engaged in the business of loans and advances, acquisition of shares/stocks/bonds/debentures/securities issued by Government or local authority or other marketable securities of a like nature, leasing, hire-purchase, insurance …
Who can apply for PM Uday Yojana?
All the people can now fill PM-UDAY Yojana Registration / Application form 2021 online at pmuday.ncog.gov.in. The official name of PM UDAY Scheme is Pradhan Mantri – Unauthorized Colonies in Delhi Awas Adhikar Yojana.
How many Unauthorised colonies are in Delhi?
About 10,650 residents of 1,731 unauthorised colonies in Delhi have received ownership rights of their properties under the Centre’s PM-UDAY scheme, which was launched in 2019.
Are unauthorised colonies in Delhi legal now?
The government had last year legalised unauthorised colonies in the national capital, giving house owners legal property rights. Since these colonies were previously unauthorised, some may have purchased houses or lands at below the circle rate fixed by the government for registration of properties.
Are Delhi’s unauthorised colonies eligible for income tax relief?
New Delhi: In a big tax relief for Delhi’s unauthorised colonies that were regularised last year, the government has exempted owners from income tax even if they had purchased land or house at rates below the prevailing market price.
How many colonies are eligible for regularisation in Delhi?
The number of colonies eligible for regularisation will cross 1,728 as the Centre would take a call on 69 colonies later. Delhi Development Authority (DDA) has been directed to complete a survey of colonies with a fresh deadline of January 2015.
Which are the pass authorized colonies in Delhi?
List of Pass Authorised Colonies in Delhi SNO Colony Colony Category Ward Number Zone Name 4 Abul Fazal Enclave F 208 Central 5 Acharya Niketan F 220 Shahadra South 6 Adarsh Bhawan coop. H.B. Society E 103 West 7 Adarsh Nagar E 14 Civil Line