House construction — house construction | |||
My house construction is given for contract. And he gave Grihapravesham date 23 nov 2012 we did pooja with partally compeleted house and it is not stayable. Afterthat he is not completing the house, and not picking the call. If he pick also he say some reason. And we consulated police, they are telling we take civil action it will prolong years, during this time we cannot occupy and house depreciation is more. Due this my ill father, mother and me were very dipressed. Our life time earning we invested on my house. Currently we are staying leased house and house owner asking use to vacate. And I have taken housing loan for construction. Please suggest how do i get resolve this, due this problem i am not able to concentrate my work, and i got high Blood pressure. My father is also had 2 time heart attack. My address umesh.V 20/12, amman nagar, machampalayam, sundarapuram, coimbatore mob: [protected] Was this information helpful? | |||
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I want to know about my house loan interest till date.
Pl do following;
1. Check with ur bank if interest is fixed or floating...Apply and collect the photocopy of Application form and Loan agreement which u had signed.
2. Usually bank recovers higher interest portions in initial phase from ur EMI so ur Principle always remains on higher side as per statement.
3. Since u are a Govt servant, u can bargain at lower interest rate with other banks and can swipe ur existing loan which will reduce ur monthly EMI burden
Regards
Rajesh B
Email: [protected]@rediffmail.com
Website: www.debtandcare.com
1. Check with ur bank if interest is fixed or floating...Apply and collect the photocopy of Application form and Loan agreement which u had signed.
2. Usually bank recovers higher interest portions in initial phase from ur EMI so ur Principle always remains on higher side as per statement.
3. Since u are a Govt servant, u can bargain at lower interest rate with other banks and can swipe ur existing loan which will reduce ur monthly EMI burden
Regards
Rajesh B
Email: [protected]@rediffmail.com
Website: www.debtandcare.com
House construction — about my housing taken in 2004
Sir,I taken a HTL loan from State Bank of India Kerala state, Kasaragod District on 24/12/2004 as fixed interest 8%. amounting Rs.2 lakh and Life Rs.6000/-. Total Rs.2,06,000/-. I am working as Government servant in Rural Development Department as Typist. In that time I accept longterm time to clearing my loan. So they ( Bank) said monthly repayment is only Rs.1732/-. I sighned the loan register. But I did Not read fully regr. So I Repaying amount Rs.1800/- per month. No any dues are pending from myside.
A few months before one notice is receieved, mentioning that my interest is increased and now the raised interest is 10.5% . So I also remit the raised interest Rs.3800/-. Then I raised my monthly instalment as Rs.2100/- per month. I did it from last November 2010 onwards. But the Principle of my loan is showing only 1,94,000/- until till date. No deductions are seen in my cash. I enquiry it. But they saying that interest is raising year to year, raising interest (fixed/flatted) is automatically revert the loan interest. We inform it from newspapers. No intimation is serve from their side to any one to increase the interest. My remitted amount only Rs. 7000/- of my loan until this day. Please see the matter seriously. My Only income is Government Salary. My husband is patient as PIDS. In my family included aged mother-in-law, mentally diseased father-in-law, unmarried brother, my father, mother, sister.