D
Dinesh Deshmukh
posted on 13 MayAnsal Aastha Mig Zone mein loan approval kaisa hai?
₹70 lakh ka 2BHK Ansal Aastha Mig Zone mein dekh raha hu. Ansal API projects ke liye bank loans ka kya scene hai? Loan approval kitna smooth hota hai? Koi bata sakta hai?
#rajkot#ansal-api#home-loan#bank-approval#ansal-aastha-mig-zone
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Hey, I'm also looking in Rajkot and ₹70L for a 2BHK is on the higher side unless it's a prime location. How's the market sentiment generally in Rajkot for new projects, especially for builders with a mixed reputation? Are banks more willing to fund projects in established areas like Krishna Kunj compared to newer developments? I'm seeing some good options there too.
Totally agree with U2! Ansal API, established in 1967 from New Delhi, used to be a big name, but their recent past is full of controversies. I heard from a friend whose loan for an Ansal project in another city was stuck for months because the bank wanted extra documentation due to past litigation against the builder. Even if it's MIG, banks are super cautious now. Approval might be tough or come with higher interest/conditions. Have you checked their RERA status for this specific project?
U7, you're absolutely right about RERA. I checked a few weeks ago; Ansal Aastha MIG Zone is indeed RERA registered, but you need to check the specific project ID on the Gujarat RERA website. There were some minor compliance issues mentioned for a few Ansal projects in the past, not necessarily this one, but banks do a deep dive into the builder's overall portfolio. So, while it's registered, the builder's reputation still makes banks cautious. Always get a legal opinion on the property documents.
RERA status is critical. U3, any idea if Ansal Aastha MIG Zone is RERA registered and if there are any ongoing complaints against it specifically? That would directly impact loan approvals, right?
Yes, U3, exactly! My cousin faced issues even with a pre-approved loan for an Ansal project. They had to switch banks midway because the first one backed out citing 'internal policy changes' after the builder's RERA issues came up. It was a nightmare. Due diligence is key.
Bhai, Ansal API ka naam sunte hi darr lagta hai. My uncle had a bad experience with one of their projects in Krishna Kunj years ago. Possession mein itni delay thi ki loan interest hi kha gaya unko. Bank bhi inke projects ko ab theek se dekhte nahi hain I think. Pura headache hai!
Yaar, Ansal Aastha MIG Zone? Suna hai Ansal API ka track record loan approvals mein thoda dodgy raha hai. Especially for first-time buyers like us, we need something smooth. ₹70L for a 2BHK sounds okay, but what about the hidden charges and delays? Koi experience share kar sakta hai?