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bank loan - what expenses will not be covered

Posted: August 18th, 2011, 3:58 pm
by dev13
I am planning to contruct on a plot, and I have home loan with HDFC...
please let me know which construction expenses are typically not reimbursed by the bank....

1) Archtiect fee
2) BWSSB/BESCOM deposits
3) BBMP plan sanction/commencement deposits
4) interior fittings such as electrical equipment and white(electonic) goods


anyone experienced in this, please share.

Re: bank loan - what expenses will not be covered

Posted: August 24th, 2011, 5:05 pm
by Rajj
Hi Dev,

None of these mentioned will be covered by bank. only construction expenses from Plinth level till completion is been calculated